sues

The exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com

The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. www.coindesk.com

In brief Australia’s eSafety Commissioner has filed civil penalty proceedings against Telegram, seeking up to A$54.6 million ($38 million). The regulator says …

Illinois is set to become the first U.S. state to apply a direct tax on every crypto transaction, and the crypto lobby …

A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. …

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com

In brief Apple sued OpenAI and two former employees, alleging theft of hardware trade secrets. The complaint claims former Apple employees accessed …

Payward, the parent company of cryptocurrency exchange Kraken, has taken legal action against PowerTrade, a high-leverage derivatives platform based in the U.A.E., …

The regulatory fight over prediction markets has moved into another federal courtroom, with the Commodity Futures Trading Commission suing Kentucky officials in …