Key Takeaways Illinois state officials have agreed to delay the implementation of a crypto tax by six months, to July 1, 2027. The postponement was agreed upon to allow legal challenges to proceed following the […]
Key Takeaways River Financial sued Blockstream Services Canada ULC on Sept. 11, 2026, seeking about $6.7 million. Blockstream Corp said Sept. 26 the U.S. and Canada services firms left its control in mid-2024. Blockstream Mining […]
Key Takeaways Kelp says LayerZero’s bridge released 116,500 rsETH worth about $292 million on April 18. Aave faced $123.7M-$230.1M in estimated bad debt after the Kelp rsETH exploit. Kelp sued LayerZero on Sept. 24; Pellegrino […]
Key Takeaways New York AG Letitia James sued Polymarket, alleging the prediction market illegally offered gambling to New Yorkers. Polymarket advertised its platform as “legal in all 50 states,” but New York says its event […]
Key Takeaways BRIC is suing five BitMEX entities to recover 6,360 BTC for former Celsius customers over March 2020 liquidations. The lawsuit repeats earlier “God Access” and insider trading allegations. BRIC also alleges BitMEX’s liquidation […]
Seeking $10 million in damages, a Tennessee woman is suing after AI facial recognition wrongly tied her to a North Dakota bank fraud probe and left her behind bars for months. Angela Lipps, 50, filed […]
Bithumb obtained its second victory in court while trying to get funds from the erroneous Bitcoin deposit in their February marketing event. Seoul Central District Court ruled that one of their users should repay around […]
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August […]
The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a legal fight over whether the state can impose a transaction tax on digital […]
Key Takeaways Blockchain Association sued Aug. 21 to block Illinois’ 0.2% digital asset tax. Illinois’ 0.2% levy could tax trades, transfers and custody beginning Jan. 1. Crypto Council for Innovation wants enforcement blocked before Jan. […]
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