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” BitMEX co-founder Benjamin Delo avoids jail, receives 30 months probation “ Benjamin Delo the co-founder of cryptocurrency exchange BitMEX has been sentenced to 30 months probation for violating the Bank Secrecy Act (BSA), which is an anti-money laundering law. The sentence, handed down at a federal court in New York on June 15th, follows…
” Brazilian proposal would make crypto payments legal and protect private keys “ A proposed addition to an existing Brazilian law would grant Brazilians the right to use cryptocurrency as a means of payment while protecting their private keys from being taken by the courts. Federal Deputy Paulo Martins issued the proposal to the country’s…
“Charter school’s skirt requirement for girls unconstitutional, court rules” A North Carolina charter school’s requirement that girls wear skirts based on the view that they are “fragile vessels” deserving of “gentle” treatment by boys is unconstitutional, a federal appeals court ruled on Tuesday. The 4th U.S. Circuit Court of Appeals ruled 10-6 that Charter Day School violated three female students’ equal protection rights by adopting the skirts policy based on gender stereotypes about the…
” Coin Center takes US Treasury to court over alleged financial spying “ Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in the controversial infrastructure bill. Coin Center lawsuit information about plaintiffs and defendants. Source: Case: 5:22-cv-00149-KKC In…
” Crypto bank Custodia sues the Fed over 19 month delay on account approval “ Wyoming based digital asset bank Custodia is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, claiming an “unlawful delay” in processing an application for its master account. Custodia, formerly known as Avanti was…
” 401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release “ ForUsAll, a 401(k) retirement provider, filed suit against the United States Department of Labor (DOL) and Martin Walsh as Labor secretary in U.S. District Court in Washington, D.C. on Thursday. The company is seeking the withdrawal of a DOL compliance assistance release…
” Former product manager at OpenSea charged with insider trading “ On June 1, United States prosecutors in Manhattan charged Nathaniel Chastain, 31, with insider trading. Chastain was a former product manager at OpenSea, the largest nonfungible token (NFT) marketplace. This will be the first case of its kind regarding digital assets and traditional criminal…
“Why Johnny Depp isn’t in court to hear defamation trial verdict” The jury reached a verdict in the Johnny Depp and Amber Heard defamation trial Wednesday — with a unanimous verdict on all three counts in favor of Depp, while Heard also won for one of three claims in her own defamation countersuit — but…
” South Korean authorities reportedly probe staff behind Terra “ The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna (LUNC) and Terra USD (UST) tokens, by reportedly summoning subpoenas to employees. South Korean authorities have reportedly summoned all employees at Terraform Labs as part of…
“How Jason Momoa saved Amber Heard’s ‘Aquaman’ job amid Depp trial” “Aquaman” himself, Jason Momoa, allegedly advocated for embattled Amber Heard to keep her role in the movie’s upcoming sequel. Former producer and current entertainment industry consultant and expert Kathryn Arnold took the stand Monday as Heard’s witness during her ongoing trial against ex-husband Johnny…