Taiwanese Court Convicts Spies Paid in Crypto by China
In one of the most high-profile spying cases, Taiwan’s top court convicted eight Chinese espionage suspects using crypto to make payments. According to Bloomberg, which cites Taiwan’s Ministry of Justice’s Investigation Bureau, Taiwanese military troops engaged in a significant espionage case were paid with Bitcoin by Chinese intelligence. In what the newspaper refers to as […]
Court Sentences Hydrogen Technology Executives
Two Hydrogen Technology executives jailed for manipulating HYDRO token price announces U.S. Department of Justice. The U.S. Department of Justice announced on Tuesday that two executives of Hydrogen Technology were sentenced to imprisonment for manipulating the price of the HYDRO token in order to defraud investors. According to a statement from the Department of Justice, […]
Court Overturns Binance’s License Suspension in Florida
Florida’s First District Court of Appeal overturned Binance.US’s license suspension, allowing it to operate despite past AML compliance issues. The subsidiary of Binance, the largest cryptocurrency exchange in the world.As per the decision made by the Florida First District Court of Appeal on Wednesday, the US has prevailed in its appeal against the Emergency Suspension […]
Court Orders Binance to Disclose All User Data in Nigeria
Binance Admin has been ordered by a Nigerian High Court to provide the Economic and Financial Crimes Commission (EFCC) with all pertinent data and information concerning any individual from Nigeria accessing its trading platform. As per the findings of Sahara Reporters, a local news outlet, the EFCC filed an ex parte motion against the cryptocurrency […]
Core Scientific Gets Court Approval for Restructuring
The mining business Core Scientific declared it was prepared to emerge from bankruptcy after a U.S. judge approved its reorganization plan. According to Core Scientific CEO Adam Sullivan , the plan’s confirmation marks a turning point for the business. The CEO of Core Scientific, said: “With demand for Bitcoin and high-value compute continuing to rise, […]