News
US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts.
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Court News
A court is a tribunal that has the authority to provide legal processes of resolving disputes between parties in criminal, civil and administrative matters relying on the law. The court is one of the branches of power and is crucial to the political, economical and social prosperity of the country it’s in. The decisions of the court may be crucial to any industry working under its jurisdiction. For example, a court can pause or cancel an unconstitutional law or establish new law enforcement practices in fields like IT, minerals, environment and others. The court has already been involved in the blockchain industry. Courts are working on Bitcoin-fraud cases, making decisions about measures of restraint for criminals that were operating with blockchain-based platforms and more. Famous blockchain-related court cases include Ross Ulbricht’s case about the dark market Silk Road and Mark Karpeles case concerning the Mt.Gox exchange bankruptcy.
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Another crypto user sued the IRS in 2025 for allegedly violating his Fourth Amendment rights after the agency used a John Doe summons to collect his data from a crypto exchange.
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A Kalshi spokesperson said that the criminal case was based on ”paper-thin arguments” and claimed the company was exclusively under federal jurisdiction.
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The voluntary dismissal was filed without prejudice, meaning Beba and the DeFi Education Fund could refile the same case at a later date.
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Justice Cotter said the husband has a high chance of succeeding based on the available evidence and recommended an early trial.
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The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record."
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BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing deteriorating crypto market conditions.
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One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”
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While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.”
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Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.
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Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after a meeting it had with state regulators.
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The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sports event contracts.
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Manhattan US Attorney Jay Clayton asked a judge to schedule a retrial in October for Tornado Cash co-founder Roman Storm on two charges where the jury failed to reach a verdict.
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Anthropic is the first US company the Pentagon has labeled a risk to the military, with the AI company calling it “unprecedented and unlawful.”
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The plaintiffs characterized the death carveout in a prediction market for the former Iranian Supreme Leader's ouster as "deceptive."
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