Category: Court

Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld

Major Spanish bank Santander has been denied an appeal regarding a decision by the Court of Justice of the State of São Paulo in a case against crypto exchange Mercado Bitcoin, Cointelegraph Brazil reports on June 17. Santander was sued by the Brazilian exchange Mercado Bitcoin in 2018, after the bank […]

Craig Wright Ordered to Personally Appear at Bitcoin Theft Mediation

Craig Wright has been ordered to appear personally at mediation to address allegations that he stole 1.1 million bitcoin (BTC) from Dave Kleiman, court documents filed on June 10 show. The Australian entrepreneur had requested permission to appear by videoconference, arguing that physically attending the courtroom would have caused him […]

Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law

A judge at Russia’s Supreme Arbitration Court has argued that the term digital assets should be included in the Russian Civil Law, local state-backed media agency Federal Press reports on June 4. Lyudmila Novoselova, chairman at the Court for Intellectual Rights of Russian Federation and a judge at the Supreme […]

Israeli Supreme Court Rules in Favor of Cryptocurrency Exchange in Bank Dispute

The Supreme Court of Israel has declared that Leumi Bank cannot block the cryptocurrency exchange Bits of Gold’s account on the grounds of regulatory concerns, according to a report by Finance Magnates on June 3. Despite the Supreme Court’s ruling against Leumi, the bank reportedly maintains its stance against dealing […]

Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues

Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27. Cryptopia, which suffered a hack in January, has spent months cooperating with law enforcement worldwide in an effort to control […]

Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains

An Israeli judge has ruled that bitcoin (BTC) is an asset and not a currency, local news site Globes reported on May 21. The judgment is significant because it means profits made by selling the cryptocurrency will now be liable to capital gains tax, Globes notes. Noam Copel, who founded the blockchain startup DAV, had […]