Lost Bitcoin Fortune: UK Court Denies Man's £600M Landfill Search Quest
A High Court judge has rejected James Howells' legal bid to search a Newport landfill for a hard drive containing £598M worth of Bitcoin accidentally discarded in 2013. The ruling ends a decade-long battle to recover the digital fortune, with the court finding no reasonable grounds for the claim.
Coinbase Secures Crucial Legal Victory as SEC Lawsuit Faces Temporary Halt
Coinbase achieves significant legal win as Judge Failla grants interlocutory appeal in SEC case, pausing district court proceedings. The rare ruling allows Coinbase to challenge SEC's cryptocurrency regulations interpretation at the Second Circuit Court of Appeals.
Gemini Exchange Settles CFTC Case for $5M Over Bitcoin Futures Disclosures
Cryptocurrency exchange Gemini agrees to pay $5 million to settle CFTC charges of providing misleading information during its 2017 Bitcoin futures initiative. The settlement resolves allegations about undisclosed preferential fee arrangements and market manipulation prevention measures.
Crypto Platform Pump.fun Faces $1B Lawsuit Over Hidden Fee Allegations
PumpPumpkin sues rival Solana-based platform Pump.fun for $1 billion, alleging concealed fees and improper fund management. The lawsuit comes as Pump.fun reports $90 million in monthly revenue while facing mounting regulatory challenges and controversy.
Solana Co-Founder Faces Legal Battle Over Hidden Crypto Staking Rewards
Stephen Akridge, Solana co-founder, is being sued by his ex-wife for allegedly concealing millions in cryptocurrency staking rewards following their divorce settlement. The case highlights the growing complexities of handling digital assets in legal proceedings and offers rare insight into the finances of a key blockchain pioneer.
Solana Co-Founder Faces Legal Battle Over Ex-Wife's Stolen Staking Rewards
Stephen Akridge, Solana co-founder, is accused of exploiting his blockchain expertise to misappropriate millions in crypto staking rewards from his ex-wife's digital wallet. The lawsuit, filed in San Francisco, highlights vulnerabilities in digital asset management when technical knowledge differs between parties.
DeFi Industry Groups Challenge IRS Crypto Broker Regulations in Landmark Lawsuit
The Blockchain Association and partners have filed a lawsuit against the IRS over new rules classifying DeFi platforms as brokers. The regulations, requiring transaction reporting and KYC compliance by 2027, face criticism for overstepping authority and imposing technically unfeasible requirements.
Montenegro Court Rejects Do Kwon's Appeal, Setting Stage for US or South Korea Extradition
Montenegro's Constitutional Court has unanimously rejected Terra founder Do Kwon's appeal against his extradition ruling, leaving the final decision to the Justice Minister. The high-profile case could see Kwon face charges in either the US or South Korea for the $34 billion collapse of TerraUSD and Luna tokens.
Coinbase Faces $1 Billion Lawsuit Over Controversial wBTC Delisting
Cryptocurrency exchange Coinbase faces a massive lawsuit from BiT Global Digital Limited for allegedly delisting wrapped bitcoin to boost its own competing product. The $1 billion legal challenge highlights growing tensions in the tokenized Bitcoin market and raises concerns about exchange practices.
Former Celsius CEO Pleads Guilty in $42M Crypto Fraud Case
Alex Mashinsky, former CEO of Celsius, has pleaded guilty to two criminal charges involving investor deception and illegal trading practices. The cryptocurrency executive faces up to 30 years in prison after admitting to manipulating markets and making false claims about regulatory approval.