Terraform Labs’ bankruptcy court cleared the Plan Administrator to use Jump Trading documents in a lawsuit seeking at least $4 billion while …
Judge
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A federal judge has denied Michelle Bond’s attempt to dismiss campaign finance charges connected to alleged FTX-linked political contributions, keeping another piece …
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Scams
Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
by shayaanby shayaanIn brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court …
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Smart Contracts
Elon Musk Loses Again to OpenAI as Judge Dismisses xAI Trade Secret Lawsuit
by shayaanby shayaanIn short A federal judge dismissed xAI’s trade secret lawsuit against OpenAI without leave to amend. Judge Rita Lin ruled that xAI …
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A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims …
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Markets
Judge clears path for Aave to move $71 million in ETH linked to North Korea hack
by shayaanby shayaanJudge Margaret Garnett allowed frozen exploit funds on Arbitrum to move to Aave, but the legal freeze follows the assets as terrorism …
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Regulation
Sam Bankman-Fried withdraws motion for a new trial, still asks for new judge
by shayaanby shayaanFormer FTX CEO Sam Bankman-Fried, serving a 25-year sentence for his role in misusing user funds at the crypto exchange, has dropped …
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Regulation
Judge Rules Caitlyn Jenner’s JENNER Memecoin Is Not a Security in Class Action Blow
by shayaanby shayaanTL:DR: Judge Stanley Blumenfeld Jr. determined that the token does not meet the criteria of an investment contract, invalidating claims of unregistered …
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Markets
Federal judge blocks Arizona from bringing criminal charges against Kalshi
by shayaanby shayaanJudge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily. www.coindesk.com
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A state judge ruled that Kalshi’s prediction markets offering sports bets were “indistinguishable” from gambling, and extended a temporary ban in Nevada. …