AML Bitcoin CEO Rowland Marcus Andrade has been convicted of wire fraud and money laundering, facing up to 30 years for deceiving investors and laundering funds for personal luxury purchases. #Breaking #Legal #Crypto (-9) ↘
Hodl.Press: Raman Storm, co-founder of @TornadoCash, appeals to the U.S. Supreme Court over procedural violations in his case, raising concerns about legal norms and crypto regulation. #Update #Legal (+3) →
A new court ruling has reversed the sanctions on crypto mixer @TornadoCash by the U.S. government, causing a significant price rally for $TORN, which surged from $8.08 to $25.28 before stabilizing at $19.57. #Breaking #Legal $TORN (+9) ↗
A federal court has mandated the U.S. Securities and Exchange Commission to justify its denial of @Coinbase’s rulemaking petition, marking a crucial development in cryptocurrency regulation disputes. #Breaking #Legal $COIN (+8) ↗
The United States Court of Appeals for the Third Circuit ruled in favor of @Coinbase, requiring the SEC to reconsider its denial of Coinbase’s petition for cryptocurrency-specific regulations, highlighting broader concerns about SEC’s enforcement strategy. #Update #Legal (+6) ↗
The US Supreme Court has declined @Binance’s appeal in a lawsuit alleging illegal crypto asset sales, allowing investors to proceed with claims over unreported token risks. The decision underscores the exchange’s ongoing legal challenges in the US. #Breaking #Legal $BNB (-9) ↘
A U.K. court dismissed James Howells’ lawsuit against Newport City Council, blocking his search for a landfill-stored hard drive containing over $700M in $BTC, citing lack of realistic success prospects. #Update #Legal $BTC (-3) ↘
James Howells lost his legal battle to recover a hard drive with 8,000 $BTC worth over $750M from a Newport landfill, as Judge Keyser KC ruled it had “no realistic prospect” of success due to environmental concerns. #Update #Legal $BTC (-4) →
The U.S. Supreme Court denied President-elect Donald Trump’s emergency appeal to halt his criminal sentencing in New York, allowing the hearing to proceed 10 days before his inauguration. Trump plans crypto reforms, including a national Bitcoin reserve. #Breaking #Legal $BTC (+8) ↗
British engineer James Howells loses court battle to excavate Newport landfill for hard drive with 8,000 $BTC, valued at $740M; council cites environmental risks like arsenic and methane. • #Breaking • $BTC • (→) • ↘
Frank Richard Ahlgren III must reveal access codes to $BTC worth $124M following a court order for failing to pay crypto taxes, highlighting increased regulatory scrutiny. • #Breaking • $BTC • (-3) • ↘
@Coinbase given a rare chance to appeal SEC’s crypto securities accusations in U.S. Court of Appeals, potentially impacting the broader crypto industry as SEC leadership shifts under President-elect Trump. • #Breaking • #Legal • @Coinbase • (+8) • ↗
A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he ignored three summons requests, marking a significant legal development in the nation’s political landscape. #Breaking #Legal @Cointelegraph ↗ +9
Montenegro’s Constitutional Court rejected Do Kwon’s extradition appeal, leaving the decision to Montenegro’s Minister of Justice; implications arise for @TerraformLabs’ ongoing legal challenges. #Update #Legal @TerraformLabs ↘ (-4)
