Category: Court
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Court sides with SEC in mining device case
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A US court has ruled that cryptocurrency mining funds sold by Green United are securities, satisfying the SEC’s claims. according to Bloomberg LawGreen United did not persuade a federal court to dismiss a civil fraud lawsuit brought by the Securities and Exchange Commission, which accused the company of misleading investors.…
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Court sides with SEC in mining device case
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A US court has ruled that cryptocurrency mining funds sold by Green United are securities, satisfying the SEC’s claims. according to Bloomberg LawGreen United did not persuade a federal court to dismiss a civil fraud lawsuit brought by the Securities and Exchange Commission, which accused the company of misleading investors.…
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Why court allowed hotel to use Nock’s land for an access road
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Equator Inn Limited, operating as Tsavo Inn Hotel in Mtito Andei, purchased land in 1970 to establish the hotel. Later, the owner sold part of the land to oil trader Caltex, who established a gas station along the highway. Caltex would later sell the plot of land to TotalEnergies before…
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Brazil’s top court rules X must pay pending fines to resume service By Reuters
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SAO PAULO/BRASILIA (Reuters) – The Brazilian Supreme Court said on Friday that social media platform X needs to pay just over $5 million in outstanding fines in order to resume its service in the country, according to a court document. Earlier this week, the Elon Musk-owned social platform informed the…
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Crypto Scammers Hijack India’s Supreme Court YouTube Channel
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Image: Cointelegraph In a worrying incident that underscores the continued vulnerability of online platforms to hacking, the official YouTube channel of the Supreme Court of India was recently hacked by cryptocurrency scammers. The hackers took control of the prominent channel to promote a fraudulent investment scheme involving the digital asset…
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Crypto Scammers Hijack India’s Supreme Court YouTube Channel
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Image: Cointelegraph In a worrying incident that underscores the continued vulnerability of online platforms to hacking, the official YouTube channel of the Supreme Court of India was recently hacked by cryptocurrency scammers. The hackers took control of the prominent channel to promote a fraudulent investment scheme involving the digital asset…
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Brazil court asks X for documents as the platform starts to comply with orders By Reuters
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BRASILIA (Reuters) – Brazil’s Supreme Court on Saturday ordered Elon Musk’s social media platform X to provide documents certifying its new legal representative in the country, as the company’s lawyers now say it will comply with court demands to be allowed to resume operations in Brazil. X was shut down…
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Venezuela’s Gonzalez says he was forced to sign letter accepting court ruling of Maduro victory By Reuters
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CARACAS (Reuters) – Venezuelan opposition leader Edmundo Gonzalez, who ran against President Nicolas Maduro in July’s election, said on Wednesday he was forced to sign a letter accepting a ruling from the country’s highest court that recognized Maduro’s victory. “Either I sign or I face the consequences,” he said in…
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Samourai Developers Appear Together In Court For First Time At Status Conference
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Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a conference call. This was the first time the two had appeared together in public since the US Department of Justice issued a joint statement. The developers accused…
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Samourai Developers Appear Together In Court For First Time At Status Conference
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Today, Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill appeared together in court in the Southern District of New York for a conference call. This was the first time the two had appeared together in public since the US Department of Justice issued a joint statement. The developers accused…
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Court rules against Coca-Cola Israel in huge tax dispute
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The Central Bottling Company (Coca-Cola Israel), which exclusively markets Coca-Cola products in Israel, has been dealt a severe blow and will be forced to pay hundreds of millions of shekels to the Israeli Tax Authority. The Tel Aviv District Court rejected the company’s appeals against the tax assessment issued by…
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Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
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Yellow shares fell 90% Friday afternoon following a Delaware court ruling on its pension obligations. (Photo: Jim Allen/FreightWaves) A Delaware bankruptcy court offered some clarity late Friday on the $6.5 billion in liability claims against Yellow Corp., but the total amount the incomplete bankrupt company will pay remains undetermined. The…
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Court penalizes taxi driver who cheated tourists
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Yesterday, the Central Traffic Court sentenced taxi driver Eyal Siman Tov, who was convicted of charging exorbitant fares to passengers, including tourists. In one case exposed by Globes in February 2022, a Greek tourist paid NIS 700 for a ride from Ben Gurion Airport to Rehovot, a distance of about…
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Steward Health Care’s settlement deal with landlord MPT receives court approval
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U.S. hospital operator Steward Health Care has received court approval for a settlement with its owner, Medical Properties Trust (MPT), amid ongoing bankruptcy proceedings. U.S. Bankruptcy Judge Christopher Lopez approved the agreement, which allows Steward to move forward with the sale of the hospital operations. This comes on the heels…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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Gulf of Mexico oil drilling faces threat from court ruling on endangered species
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Pera1 U.S. regulators are seeking to rewrite guidelines on how to protect endangered species in the Gulf of Mexico before a December deadline, which could lead to Threat to oil and gas production In an area that supplies 2 million barrels of oil per day, or about 15% of U.S.…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Elon Musk Hints At Dogecoin’s Return as Tesla Merchandise Payment After Court Win
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richest man in the world Elon MuskHe hinted that Dogecoin (DOGE) It can be used as a payment method when purchasing Tesla merchandise. This follows: The last win In a class action lawsuit accusing him of manipulating the price of the world’s most popular coin. Musk Suggests Tesla May Soon…
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Elon Musk Hints At Dogecoin’s Return as Tesla Merchandise Payment After Court Win
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richest man in the world Elon MuskHe hinted that Dogecoin (DOGE) It can be used as a payment method when purchasing Tesla merchandise. This follows: The last win In a class action lawsuit accusing him of manipulating the price of the world’s most popular coin. Musk Suggests Tesla May Soon…