US FDIC signals increased scrutiny for digital asset companies
In the letter released last week, the agency instructs those institutions falling within the FDIC remit to notify the agency promptly before engaging in a digital asset-related activity.
Articles By Jordan Atkins:
Ira Kleiman appeals defeat in Kleiman v Wright
Lawyers representing Ira Kleiman in Kleiman v Wright have notified the Florida District Court that they are appealing December’s verdict which saw a jury reject all but one of Kleiman’s seven claims against Dr. Craig Wright.
SEC Chair Gary Gensler: ‘No reason’ to treat digital asset market differently under securities laws
The thrust of SEC Chair Gary Gensler’s address may be already self-evident to many: that current laws already apply to digital assets regardless of how novel the technology may be.
What does Wright v BTC et al mean for developer liability?
Dr. Craig Wright was in the same frustrating position as the countless other victims of digital asset theft: he knows exactly where his coins ‘sit’ on the blockchain yet is unable to access that property without the necessary private keys.
Court orders Peter McCormack to provide details of financial means after failing to pay Craig Wright’s £90k legal bill
The £90,000 relates to a series of filings by McCormack in 2021 in which he attempted to revive his abandoned legal defense at the eleventh hour.
Blockchain developers successfully challenged jurisdiction on Craig Wright’s coin recovery lawsuit
The court heard the challenge earlier this month, where lawyers for the developers argued that the case fell outside the jurisdiction of the English courts.
Coinbase facing massive class action lawsuit over unregulated securities sales
The suit is brought on behalf of all Coinbase users and complains that the cryptocurrency exchange has been selling securities that are unregistered with the U.S. securities regulator.
After failing to convince Kleiman v Wright jury, Ira Kleiman must now pay Craig Wright’s legal costs
The U.S. District Court has confirmed that Ira Kleiman must pay Dr. Wright’s legal costs relating to all seven of Kleiman’s failed claims arising from last year’s Kleiman v Wright trial in Florida.
US President Joe Biden signs executive order on digital assets
U.S. President Joe Biden has signed an executive order directing federal agencies to collaborate in examining the risks and benefits of digital assets, according to a release by the White House.
Kleiman v Wright: Court adds interest to W&K’s $100M judgment, bringing the total to $143M
Judge Beth Bloom has granted a request by Ira Kleiman’s attorneys to add pre-judgment interest to the $100 million awarded to W&K in last year’s Kleiman v Wright lawsuit.
UK court hears developers’ attempt to throw out Craig Wright’s stolen Bitcoin case
The case is officially brought by Tulip Trading Limited, a company primarily owned by Dr Wright, and concerns the loss of more than 111,000 bitcoins from a hack on Dr Wright’s home network in 2020.
Kleiman v Wright latest: Ira Kleiman’s request for new trial denied
Ira Kleiman’s request for a new trial following last December’s near-total defeat against Dr. Craig Wright has been rejected by Judge Beth Bloom.