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Hodler’s Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD of the Week

February 10, 2019cashtechnews

The mystery around embattled crypto exchange QuadrigaCX deepens, and Facebook acquires a blockchain startup. Top Stories This Week Facebook Reportedly Acquires Blockchain Startup in First Blockchain-Related Acquisition Social media network Facebook has reportedly acquired blockchain startup Chainspace in its first apparent blockchain-related acquisition. According to news outlet Cheddar, the acquisition is considered an “acquihire,” or […]

Lawyers for Israeli Crypto Entrepreneur Say White Paper Confers No Legal Responsibility

February 10, 2019cashtechnews

Moshe Hageg’s lawyers claim that the white paper is a descriptive, non-binding document. Moshe Hogeg, the Israeli entrepreneur behind blockchain firm Stox (STX), has denied misappropriating investors’ funds in a response to the lawsuit filed against him. Online newspaper The Times of Israel reported the development on Saturday, Feb. 9. As Cointelegraph wrote earlier in […]

Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts

February 8, 2019cashtechnews

Smart contracts are no problem for international law, but only when they behave like legal contracts. Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the […]

Winklevoss Twins to Pay Out $45,000 in Legal Fees to Charlie Shrem After New Ruling

February 8, 2019cashtechnews

The court decision comes after an asset freeze on Shrem was halted in November of last year. Bitcoin (BTC) entrepreneur and advocate Charlie Shrem will receive around $45,000 in legal costs from Tyler and Cameron Winklevoss as part of an ongoing lawsuit, according to an official document filed on Feb. 7. The latest step in […]

Crypto Firm Accused of Fraud, Duping Investor Into Buying $2 Million in Tokens

February 5, 2019cashtechnews

New York-based firm Blue Ocean Capital is being accused of fraud for allegedly duping an investor out of $2 million A lawsuit recently filed in a United States district court in New York claims that an investor was misled into investing $2 million dollars in the cryptocurrency MCash, a Feb. 1 court filing states. The […]

Unconfirmed: CoinLab Increases Mt. Gox Claim from $75 Million to $16 Billion

February 3, 2019cashtechnews

CoinLab has reportedly filed a $16 billion claim against the now-defunct cryptocurrency exchange Mt. Gox. CoinLab has reportedly filed a 1.7 trillion JPY ($16 billion) claim against the now-defunct cryptocurrency exchange Mt. Gox, according to an alleged photo of the filing document posted on Reddit on Feb. 1. As Cointelegraph reported in its Mt. Gox […]

Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated

February 3, 2019cashtechnews

RBC analyst Mitch Steves found through calculations that Nvidia reportedly earned $1.35 bln more in crypto, blockchain revenue than reported. Taiwan-based computer hardware producer Nvidia reportedly earned nearly $1.35 billion more due to crypto and blockchain than it had stated. The numbers were calculated by RBC Capital Markets analyst Mitch Steves, financial news website Market […]

Ripple Hires Ex-HSBC, CIT Exec as General Counsel After Five-Month Hiatus

January 31, 2019cashtechnews

Stuart Alderoty has already taken charge of steering legal and compliance procedures at Ripple, says the company. Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan. 30. Ripple, which has not had a general counsel of its own since […]

Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

January 28, 2019cashtechnews

Francesco Firano, the founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as many stolen assets to customers as possible. Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision […]

Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

January 25, 2019cashtechnews

A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain-based prediction market platform for $4.6 million over alleged fraud. A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25. The investor, Zhewen Hu, is […]

Tag: lawsuit

Hodler’s Digest, February 4–10: Top Stories, Price Movements, Quotes and FUD of the Week

Lawyers for Israeli Crypto Entrepreneur Say White Paper Confers No Legal Responsibility

Winklevoss Twins to Pay Out $45,000 in Legal Fees to Charlie Shrem After New Ruling

Crypto Firm Accused of Fraud, Duping Investor Into Buying $2 Million in Tokens

Unconfirmed: CoinLab Increases Mt. Gox Claim from $75 Million to $16 Billion

Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated

Owner of Hacked Crypto Exchange BitGrail Sentenced to Return Funds to Customers

Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

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