The filing challenges a New York restraining notice that froze ETH on Arbitrum after the rsETH exploit, with Aave arguing the funds …
Court
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In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim …
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Markets
Jane Street asks court to reject Terraform claims tied to UST-LUNA crash
by shayaanby shayaanA filing Thursday said the lawsuit rehashes events already settled in court and seeks damages for losses caused by internal misconduct. www.coindesk.com
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Regulation
Alito and Thomas Will Not Retire This Year, Closing Trump’s Window for a Fourth Court Pick
by shayaanby shayaanSupreme Court news broke Friday as sources close to both justices confirmed to CBS News that neither Justice Samuel Alito nor Justice …
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Regulation
Nebraska Supreme Court Suspends Lawyer Who Used AI to Write Brief Full of Fabricated Citations
by shayaanby shayaanAI hallucinations news moved from courtroom embarrassment to career consequence as the Nebraska Supreme Court ruled to suspend Omaha attorney Greg Lake …
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Regulation
After Kalshi appeal, prediction markets fight could head to US Supreme Court
by shayaanby shayaanSome legal experts speculated that the state vs. federal jurisdiction battle over regulating prediction markets companies could soon be headed to the …
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Markets
Circle CEO says he won’t freeze USDC without a court order even as hackers walk away with millions
by shayaanby shayaanCircle defends its hands-off approach to freezing funds as critics point to hundreds of millions in losses tied to delayed action. www.coindesk.com
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Regulation
South Korea court cancels Upbit suspension, citing regulatory gaps: Report
by shayaanby shayaanA South Korean court has canceled the Financial Intelligence Unit’s (FIU) three-month partial business suspension of Dunamu, the operator of crypto exchange …
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Regulation
DOJ rejects Roman Storm defense, says Supreme Court precedent does not apply to Tornado Cash case
by shayaanby shayaanU.S. prosecutors have pushed back against a key legal argument raised by Roman Storm, intensifying the legal battle over whether developers of …
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Regulation
Appeals court blocks New Jersey from shutting down Kalshi’s sports markets
by shayaanby shayaanAn appeals court ruled Monday that New Jersey could not temporarily ban prediction market provider Kalshi, giving the platform a much-needed win …