In a significant legal setback for the prediction markets industry, a federal court in Columbus, Ohio, denied Kalshi’s motion for a preliminary injunction against state gambling authorities on March 24, 2026. Chief Judge Sarah Morrison of the U.S. District Court for the Southern District of Ohio ruled that the prediction markets platform failed to demonstrate […]
In a landmark decision for the decentralized finance (DeFi) sector, U.S. District Judge Katherine Polk Failla dismissed the high-profile Risley class action lawsuit against Uniswap Labs with prejudice on March 2, 2026. The ruling from the Southern District of New York delivers a decisive victory for the leading decentralized exchange and establishes a critical legal […]
Washington, D.C., March 2025: In a definitive blow to his hopes for early release, former FTX CEO Sam Bankman-Fried has failed to secure support for a presidential pardon from Donald Trump. The White House has publicly confirmed it does not anticipate granting clemency to the convicted cryptocurrency executive, effectively shutting down a high-profile lobbying effort […]
New York, March 2025: Binance US, the American affiliate of the global cryptocurrency exchange, is actively exploring expansion opportunities within the United States following the formal withdrawal of the Securities and Exchange Commission’s 2023 lawsuit. Founder Changpeng Zhao, commonly known as CZ, confirmed the strategic review in recent statements, highlighting that renewed banking partnerships and […]
Carson City, Nevada – April 2025: In a stunning legal development with far-reaching implications for the cryptocurrency sector, a Nevada state judge has issued a formal order compelling the decentralized prediction market platform Polymarket to immediately halt all event-based contracts for residents of the state. This decisive ruling represents a significant escalation in regulatory pressure […]
Seoul, South Korea – February 2, 2025: In a stunning legal reversal, professional golfer Ahn Sung-hyun has been acquitted of all charges related to a high-profile cryptocurrency listing bribery scandal. The Seoul High Court’s decision overturns a previous four-and-a-half-year prison sentence, marking a dramatic turn in a case that has captivated South Korea and exposed […]
New York, April 2025: A significant legal challenge has emerged in the cryptocurrency sector as a group of U.S. investors files a massive $100 million lawsuit against Cere Network. The blockchain data storage project faces serious allegations of making false statements about insider token lockups and its business outlook during its 2021 initial coin offering. […]
San Francisco, March 2025: In a significant development for the cryptocurrency industry, a United States Court of Appeals has delivered a decisive legal victory for Ripple Labs. The court dismissed a long-running class action lawsuit targeting the company over its sales of the XRP token, a ruling that provides crucial strategic relief and reinforces a […]
NEW YORK, January 2025 – Caroline Ellison, the former chief executive of Alameda Research, has exited the federal prison system after serving 440 days of detention, according to Bureau of Prisons records confirmed this morning. This development represents a significant milestone in the ongoing legal proceedings stemming from the catastrophic collapse of the FTX cryptocurrency […]
In a significant development within the ongoing legal saga of the cryptocurrency industry’s most spectacular collapse, Caroline Ellison, the former chief executive of Alameda Research, has been released from federal custody. According to a report from Cointelegraph, Ellison left the Federal Correctional Institution in Danbury, Connecticut, on January 21, 2025, after serving approximately 440 days […]
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