News about LEGAL

News about Legal

LMAO: Former FaZe member threatens legal action against YouTubers who exposed his crypto scheme

submitted by /u/Jezzadoe [link] [comments]

Australian digital finance industry wants to legally recognize DAOs

A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. Specialists and lawyers focused on d...

Bitcoinization: JPMorgan Sees No ‘Tangible Economic Benefits’ of Bitcoin as Legal Tender

JPMorgan has offered its view on the bitcoinization of El Salvador, the country which recently made bitcoin legal tender alongside the U.S. dollar. JPMorgan says, “It is difficult to see any tangible economic benefits associated with adopting b...

Ukrainian police seize 3,800 PS4 consoles used for illegal crypto mining

Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles. Ukrainian au...

Coinbase CEO: We plan to list every crypto asset where legally viable

submitted by /u/Sacmo77 [link] [comments]

“Bitcoin legal tender in the country has set off a raft of debate about whether it’s beneficial and what the ramifications could be.” *I’m rubbing my nipples thinking of this weeks RAMifications

submitted by /u/bowiebowbo [link] [comments]

Police Bust Illegal Cryptomining Ring Enslaving Thousands Of PS4 Consoles And GPUs

submitted by /u/DevilChillin [link] [comments]

Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date

The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so fa...

Paraguay Next To Adopt Bitcoin As Legal Tender? Microsoft To Build on Bitcoin. Latest News! ????⚡️

submitted by /u/Hassan_Gym [link] [comments]

Is the wallet full of cash hidden in my back pocket going to be illegal soon?

Guys, I’ve been reading lots of credible stories on the internet about proposals for private wallets to be made illegal. I’m concerned because not only do I own a private wallet full of cash, including several $20 bills, but I’m the only person who k...

Survey finds most El Salvador citizens are skeptical of making BTC legal tender

More than half of Salvadorans surveyed don’t seem as keen as their president to adopt Bitcoin. According to a newly released survey, up to three-quarters of Salvadoran...

Both EU and US are planning to make private „anonymous wallets“ illegal. We CRYPTO holders need to act now!

So the regulatory grip is tightening around the world and it’s getting more and more absurd. We as crypto supporters need to come together and should wipe off the tribalism. If governments want to make anonymous wallets illegal it only means one thin...

Korean investigation finds $1.48B in illegal overseas crypto transactions

More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. An interagency invest...

Russian lawmakers prepare legal amendment to confiscate crypto

Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime....

New EU Regulation may make Market Manipulation by Elon Musk and Shady YouTubers illegal

submitted by /u/Dwez1337 [link] [comments]

Binance's Bitcoin and Stablecoin Reserves Not Affected By The Firm's Legal Challenges

submitted by /u/bletchleymcgregor [link] [comments]

Wyoming Approves First Legally Recognised DAO in US

The DAO will feature two tokens, a stablecoin dubbed Ducat and a governance token dubbed Locke. Bitcoin and Wyoming state mammal the bison in a 3d rendering The US state of Wyoming has become the first one in the country to legally recognise a Decent...

Wyoming legally recognizes first DAO in the United States

Wyoming is further solidifying its position as the most crypto-friendly state in North America. The crypto-friendly state of Wyoming has approved the first legally rec...

Paraguay becomes second country to propose a bill to make Bitcoin legal tender

submitted by /u/BTC-brother2018 [link] [comments]

Ukraine Shuts Down Illegal Mining Farm With 150 Rigs

Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Auth...

California Representative Brad Sherman is an Anti-Crypto Advocate, Yet His Top Campaign Donor Had to Forfeit $13.3M Over to The Justice Department for Facilitating Illegal Offshore Gambling.

https://www.forbes.com/sites/nathanvardi/2010/08/17/feds-grab-online-poker-cash/ Those this was a few years ago, some people haven't been in the space that long, and need to know these things. This is just another fine example of fckstick level...

‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison

A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S....

Bill Foster, United States Representative and co-chair of the Congressional Blockchain Caucus, has proposed a legislative framework that would allow third parties to reverse illegal or unethical transactions.

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