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Posts Tagged ‘Court’

Telegram Appeals Court Ruling Barring Gram Token Distribution

The Telegram messaging platform has appealed a U.S. court ruling prohibiting it from distributing its gram cryptocurrency. U.S. District Judge P. Kevin Castel of the Southern District of New York said Tuesday that Telegram’s 2018, $1.7 billion token sale appeared to be an unregistered securities sale, and barred the company from issuing grams after it…

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Crypto Fraudsters Beg Court to Release Them to Avoid Coronavirus

People around the world are becoming increasingly concerned by the rapid spread of COVID-19. This includes prisoners held in county jails. As the state of New Jersey aims to prevent a tidal wave of infections by going on lockdown, BitClub Network crypto scammers beg a court to release them to avoid ‘inevitable’ infection. BitClub Network…

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US Court Throws Out Nvidia Corp Crypto Lawsuit

A group of investors charged US-based GPU maker Nvidia with making false statements about its inventory of graphic processing units (GPUs). However, US District Judge Haywood S. Gilliam Jr. threw out the suit yesterday, citing inconclusive arguments against the tech firm. Judge Concludes Stakeholders Don’t Have Enough Arguments The US judge concluded that Nvidia’s revolted…

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Ripple Labs Could Face More Lawsuits After California Court Ruling

It looks as if there’s more trouble brewing on the horizon for Ripple Labs. In fact, after a district California Court ruling, we may see a large ‘uptick’ in class actions across the whole cryptocurrency space. Ripple Labs May Be Looking at Multiple Lawsuits Ever since the SEC started clamping down on ICOs for being…

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French Court Decision Equates Bitcoin to Money

Another court decision boosted the case for Bitcoin’s value, suggesting the asset can be used as compensation. Bitcoin is Akin to Money says French Court The narrative that Bitcoin does not have value broke down once again, this time as asserted by a French court. A decision by the Commercial Court of Nanterre from February…

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India’s Supreme Court Lifts Banking Ban on Crypto Exchanges

The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that stifled crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions by crypto exchanges and startups that opposed the…

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India’s Supreme Court Nullifies Central Bank Crypto Trading Ban

There is finally some good news out of India today as reports are emerging that the Supreme Court has quashed a curb on crypto trading. Crypto Trading Legal in India According to local news outlet the Economic Times, India’s Supreme Court has nullified a curb on crypto trading. The official report stated that the “SC…

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