Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial

A court has ordered the unhappy operator of crypto exchange Quoine to follow through with a glitched computer transaction that allowed a crypto market liquidity provider to swap ether for bitcoin at a rate of 10 bitcoin to every ether at a time when 1 ETH was worth .036 BTC, not 10. In the Republic of Singapore’s first trial regarding bitcoin, the Singapore International Commercial Court (SICC) issued a judgment Thursday to press Singaporean crypto exchange Quoine to execute a trade its computers allowed in error. A Crypto Exchange Error The computer error, which occurred on Singaporean crypto exchange Quoine

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Dutch Court Ruling States that Bitcoin has “Transferable Value”

In what is being perceived as a landmark judgment, a Dutch court has recently ruled in favor of an applicant who was owed 0.591 BTC by a private company about a crypto mining dispute. In keeping with the ruling, the court stated that Bitcoin meets all of the criteria that allow classification under the …
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Court Ruling Grants the IRS Personal Data of 14,000 Coinbase Users (news.bitcoin.com)

America’s Internal Revenue Service has gone fishing. Its target? Every single Coinbase user who ever placed a $ 20,000 trade. The huge dragnet exercise, spanning 2013-2015 and incorporating over 14,000 users, was awarded by a court yesterday, November 29. This is despite the best efforts of America’s largest bitcoin broker, which has fought back against what it sees as a shameless data grab and privacy violation. In a bid to save face, Coinbase has claimed a “partial victory” in its

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Florida Ruling Denying Bitcoin Is A Currency Draws Mixed Reactions

Bitcoin experts gave different reactions to the Florida court ruling last week that bitcoin is not currency, according to CNBC, including the view that the ruling doesn’t have much impact on the cryptocurrency’s future. Florida judge Teresa Pooler dismissed felony charges against Michell Espinoza who sold bitcoins to an undercover detective. Pooler ruled that bitcoins are […]

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News – CCN: Financial Bitcoin & Cryptocurrency News

Florida Ruling Denying Bitcoin As a Currency Draws Mixed Reactions

Bitcoin experts gave different reactions to the Florida court ruling last week that bitcoin is not currency, according to CNBC, including the view that the ruling doesn’t have much impact on the cryptocurrency’s future. Florida judge Teresa Pooler dismissed felony charges against Michell Espinoza who sold bitcoins to an undercover detective. Pooler ruled that bitcoins are […]

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