The past week brought significant developments in cryptocurrency-related legal cases across the United States, ranging from new asset seizures in the FTX case to a former CEO choosing self-representation and a city council taking a firm stance against crypto kiosks. Here is a breakdown of the most consequential events. US Authorities Locate Additional $10 Million […]
In a significant legal reversal, convicted FTX founder Sam Bankman-Fried has formally withdrawn his request for a new trial. The move, detailed in an April 22, 2026 court filing, comes after the judge overseeing his case questioned whether the disgraced executive had received improper legal help while preparing his motions from prison. Bankman-Fried, however, maintains […]
A federal judge has rejected a new trial for former FTX CEO Sam Bankman-Fried, calling his motion part of a plan to rescue his reputation. The ruling came on April 28, 2026, in a Manhattan courtroom. Judge denies Sam Bankman-Fried new trial Judge Lewis Kaplan, who oversaw Bankman-Fried’s 2023 trial and sentenced him to 25 […]
WASHINGTON, D.C. — In a significant legal defeat, AI company Anthropic has failed to pause a controversial Pentagon designation labeling its technology a national security threat. A federal appeals court ruled Wednesday that the government’s interest in securing AI for military use outweighs the potential harm to the San Francisco-based firm. This decision marks the […]
Prediction market operator Kalshi is confronting a significant new legal challenge. On March 27, 2026, Washington State Attorney General Nick Brown filed a lawsuit alleging the company violated state gambling laws. This action marks the latest in a series of state-level regulatory confrontations for the financial platform, which allows users to place bets on future […]
A federal judge in San Francisco has delivered a significant blow to the Pentagon’s attempt to ban Anthropic technology, granting a preliminary injunction that temporarily blocks what the court called “arbitrary and capricious” government action against the AI company. In a ruling issued on March 26, 2026, Judge Rita Lin of the U.S. District Court […]
A Texas federal court has delivered a significant blow to cryptocurrency software developers seeking legal clarity, dismissing a lawsuit that sought protection from money transmitter regulations for non-custodial blockchain software. The March 25, 2026 ruling by Chief U.S. District Judge Reed O’Connor rejected developer Michael Lewellen’s request for declaratory judgment regarding his Pharos donation software, […]
A Nevada state judge delivered a significant regulatory blow on March 20, 2026, issuing a temporary restraining order that blocks prediction market platform Kalshi from operating in the state. Carson City District Court Judge Jason Woodbury sided with the Nevada Gaming Control Board, finding state authorities are reasonably likely to prevail in their claim that […]
In a dramatic legal development with significant implications for artificial intelligence regulation, newly filed court documents reveal the Pentagon told Anthropic the two sides were “very close” to resolving their differences on AI security issues—directly contradicting the government’s public characterization of the AI company as an “unacceptable risk to national security.” The sworn declarations, filed […]
A federal court in California has dismissed a Coinbase user’s attempt to block an Internal Revenue Service summons for his financial records, marking another legal setback for cryptocurrency investors challenging tax enforcement methods. The ruling, issued on March 18, 2026, underscores the procedural rigor required when suing the federal government and highlights the IRS’s continued […]
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