Genesis Sues Gemini for $689M, Citing Preferential Transfers in Crypto Market
Nov 22, 2023 10:57 am UTC| Business Digital Currency Law
Genesis, a leading financial institution, has filed a lawsuit against Gemini, one of the prominent cryptocurrency exchanges. The lawsuit aims to retrieve preferential transfers worth a staggering $689...
Binance's Zhao Addresses DOJ Deal; Richard Teng Named New CEO
Nov 22, 2023 05:36 am UTC| Business Law Digital Currency
With recent developments surrounding the Department of Justice plea deal, Binances CEO, Changpeng Zhao, has broken his silence. Additionally, Richard Teng has been named as the new CEO for the leading cryptocurrency...
Binance Nears $4 Billion Deal with US Justice Dept, Aims for Compliance
Nov 21, 2023 09:59 am UTC| Business Digital Currency Law
The US Justice Department is reportedly on the verge of reaching a settlement agreement with leading cryptocurrency exchange Binance. The deal is rumored to be worth a staggering $4 billion, Cointelegraph reported that...
US SEC Files Lawsuit Against Kraken for Operating Unregistered Crypto Trading Platform
Nov 21, 2023 09:41 am UTC| Business Digital Currency Law
The U.S. Securities and Exchange Commission (SEC) has sued the popular cryptocurrency exchange, Kraken, accusing the platform of violating securities laws. This legal action comes as regulators continue to scrutinize the...
The rule of law is fundamental to a free society – so why don’t NZ courts always uphold it?
Nov 21, 2023 04:04 am UTC| Law
Ever since the 17th century, the rule of law has been regarded as one of the fundamental values of a free society. It means you cannot be forced to do something unless there is a law requiring you to do it. It also...
Atomic Wallet Files to Dismiss $100M Hack Suit, Cites Jurisdiction in Estonia
Nov 20, 2023 09:58 am UTC| Digital Currency Law
The company behind Atomic Wallet has filed a motion to dismiss a class action suit in a United States court demanding compensation for a $100-million hack. Atomic Wallet argues that the claims should have been filed in...
5 things we need to see in Australia's new nature laws
Nov 19, 2023 05:52 am UTC| Law
Australias abysmal rates of extinctions and land clearing since European colonisation are infamous globally. Our national environmental legislation has largely failed to protect biodiversity, including many threatened...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects