# legal News

The Winklevoss Twins had sued Bitcoin entrepreneur Charlie Shrem for defrauding them of at least 5,000 Bitcoin worth of $31 million at the time of filing suit. Lawyer Tyler Meade misled them into making “legal missteps” that lead them to lose more money including having to reimburse Shrem’s legal fees....

The South China Morning Post on September 10, 2018, reported that where China has traditionally been dependent on third-party notary organizations for authenticating evidence, blockchain records are now admissible in Chinese courts as authorities set up one of the world’s most advanced resolution systems for internet-related disputes. China’s Internet Courts On...

Alternative dispute resolution (ADR) group JAMS is trying to get ahead of the curve by launching a practice that specifically focuses on issues involving cryptocurrencies, blockchains, and smart contracts, the company announced in a press release on September 7, 2018. Reshaping the Practice of Law JAMS, the largest private provider...

As the societal applications of blockchain technology continue to grow, the world is now seeing the once conservative field of law being infiltrated with this innovative technology. Infiltrated may not be the proper term as the Internet Court of Hangzhou in China ruled blockchain-derived evidence is now admissible in Chinese...

The distributed ledger technology is now the word of the day. Companies are showing an increased interest in the technology while multiple projects are being developed across several industries. The Freelancing and Outsourcing industry is one of the sectors waiting to leverage its potential by using the blockchain technology. Right...