Coinbase must face customer lawsuit in New York: Judge

A U.S. judge has ruled that crypto exchange Coinbase must face a class action lawsuit filed by customers in New York, Reuters has reported. The lawsuit alleges that Coinbase illegally sold securities and that it acted as a direct seller. In a ruling delivered on Feb. 7, U.S. District Judge Paul Engelmayer rejected Coinbase’s argument […]

Judge rejects man from retrieving Bitcoin from landfill

A decade-long legal battle over a lost Bitcoin fortune has ended in disappointment for James Howells, an IT engineer from Newport, Wales. A Cardiff High Court has dismissed Howells’ lawsuit against Newport City Council, according to the BBC, refusing him access to a landfill containing a discarded hard drive holding 8,000 Bitcoins. The hard drive, […]

Celsius files new appeal against Judge order denying $444m claim on FTX damages

Defunct crypto lender Celsius Network has filed an appeal notice after Judge John Dorsey dismissed the firm’s claim on FTX damages worth around $444 million, according to FTX creditor activist. Court documents showed crypto lending platform has filed a notice of appeal challenging Judge John Dorsey’s ruling, which denied Celsius‘ claims for FTX damages worth […]