Crypto Law And Legal

The Blockchain Association and Crypto Council for Innovation sued Illinois on 21 August over its 0.2% digital asset tax.

The Singapore International Commercial Court froze about S$75 million in Bitcoin (CRYPTO:BTC) and USD Coin (CRYPTO:USDC) over a transfer dispute.

The US Commodity Futures Trading Commission imposed five-year trading bans on former FTX executives Caroline Ellison and Gary Wang.

US prosecutors urged a federal court to reject former Celsius CEO Alex Mashinsky’s request to vacate his 12-year sentence.

South Korea is reviewing Polymarket over concerns that its prediction markets may amount to illegal gambling.

Edward Zimbardi was deported from Fiji to the US to face charges over an alleged $165 million crypto Ponzi scheme.

Novig has sued Wisconsin officials over plans to restrict its sports prediction contracts.

Chainalysis Government Solutions has sued the US government over a $94.6 million ICE contract awarded to TRM Labs.

Kalshi was ordered to stop offering a broad range of prediction markets in Washington state after a judge rejected its federal pre-emption argument.

Baltimore filed a lawsuit against Kalshi and operators linked to Polymarket, claiming some sports-related prediction markets violate local gambling laws.

Binance and RedotPay are involved in a legal dispute in Singapore over alleged trademark and branding issues.

FlightAware withdrew its lawsuit against prediction market platform Kalshi just one day after filing the case.