Federal High Court of Nigeria approves eNaira CBDC rollout
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions.
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Tether scores win in class action case as court dismisses RICO claims
"Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem," said Tether.
Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years…
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in…
U.S. government goes to court over $11M USDT purportedly stolen by fake Coinbase rep
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse.
Additional compensation available for Cryptsy victims, court notice says
Those who lost money in a 2016 U.S. crypto exchange heist maybe be entitled to additional recoupment.
Russian Court Confirms Arrest Warrants for 3 Finiko Founders
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud…
Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted…
Ripple files motion to expose XRP holdings of SEC employees
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on its employees’ XRP holdings.
Mining Hardware Thief Gets 3-Year Sentence in Russia
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing…