Tag: legal

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 courts on a case-by-case basis. Chinese Courts Rule Blockchain a…

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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 now a few projects are looking to use the distributed…

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A Washington man has dragged mobile telecommunication giant T-Mobile to court after being walloped by hackers. His cryptocurrency account has been entirely wiped out by the cyber bandits, and now he says it’s the company’s fault. T-Mobile Underfire Carlos Tapang of Washington, United States, has filed a lawsuit in the Washington Federal Court against T-Mobile, alleging that the firm’s weak…

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Leaders in cryptocurrency will address the future of digital currency, how to buy and trade it and how it will impact U.S. businesses and industries during FinTank CryptoCon 2018, an unprecedented all-day Summit in Chicago, Thursday, February 15, 2018.  Sponsored by FinTank, a leading Fintech hub in Chicago, the Summit is being held at Northwestern University Pritzker School of Law Thorne…

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Ross Ulbricht, the convicted admin of the now-defunct darknet marketplace Silk Road, has approached the US Supreme Court seeking legal respite. Challenging Ulbricht’s Conviction Ulbricht was one of the principal figures behind the infamous bazaar, best known as one of the largest-ever online marketplaces for illegal drugs. He was nabbed in 2013 due to suspect online activities and was convicted…

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While there has been a boom in blockchain-related projects and a digital gold rush for tokens, abiding by the law and regulations have become secondary. SmartOne wants to motivate stronger legal and regulatory advice for such projects, which so far are unable to reach global capital markets for investment due to the regulatory and compliance pitfalls. SmartOne will also create…

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As a partner with the Washington D.C. office of Steptoe & Johnson LLP, Jason Weinstein has enjoyed a busy career as a litigator, focusing on white-collar defense and government investigations pertaining to privacy, cybersecurity, and financial technologies. He is a former deputy assistant attorney general in the Criminal Division of the U.S. Department of Justice, serving as lead counsel in…

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Following reports that customers have been unable to access their accounts, Silver Law Group has filed a class action lawsuit against the Bitcoin exchange Cryptsy and Paul Vernon. Over the past few months, users have complained they were unable to protect their assets and withdraw their holdings. Despite repeated inquiries to Cryptsy, their customers had not received any meaningful response or…

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Dominion Bitcoin Mining Company Ltd. is set to undergo a securities hearing due to their “failure to comply” to the securities law of Saskatchewan, a province located in western Canada. The Saskatchewan government accused the bitcoin startup for “disobeying” their laws and publicly advertising and displaying securities on its platform without following the Securities Act and notifying the local regulators….

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