Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
Court Cases
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app.
OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme
OneCoin logo on the door of their office in Sofia, Bulgaria (Wikimedia)
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.”
Binance Executives File Suit Against Nigeria: Local Media
The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights.
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Judge James Mellor found earlier this month that Wright was not, as he’d claimed, Bitcoin inventor Satoshi Nakomoto
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.
Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking
Coinbase Inc. (COIN) has accused the U.S. Securities and Exchange Commission of ignoring the law when it rebuffed the company’s formal petition for crypto rules, according to a filing Monday in the U.S. Court of Appeals for the Third Circuit.
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.