Binance tax evasion verdict set for October
Binance’s lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance. Go to Source
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Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have … Read more
French Court of Appeals Upholds Alexander Vinnik’s Sentence
A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. Court Confirms Vinnik’s 5-year Sentence for Money Laundering The Court of Appeals of Paris … Read more
Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison
Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. … Read more
Markets Update: Crypto-Prices Drop a Leg Down as Bulls Lose Momentum
Digital asset markets have failed to surpass heavy resistance over the weekend, and during the early morning trading sessions on Tuesday, July 10, as well. The top cryptocurrencies have slid in value once again as Bitcoin Core (BTC) has tumbled to $6,377 after touching the $6,830 region. Meanwhile, Bitcoin Cash (BCH) prices hovered around $785 … Read more
