AT&T wins legal battle against crypto investor who fell victim to SIM swapping

What is CryptoSlate Alpha? CryptoSlate Alpha is a membership designed to empower you with cutting-edge insights and knowledge, built on top of Access Protocol. More about CryptoSlate Alpha › Connected to Alpha Welcome! đź‘‹ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. You Need More ACS It looks…

Musk asks court to dismiss $258B DOGE racketeering lawsuit

Ad Elon Musk’s lawyers have filed a motion to dismiss the $258 billion racketeering lawsuit related to his tweets and mentions of Dogecoin (DOGE). The lawyers argued that the lawsuit is based on “innocuous and often silly tweets” made by Musk over the years and thus holds no merit in court. Musk’s lawyers added that…

Attorney claims Ripple vs SEC verdict may take 2 more months

Ad Crypto enthusiasts, developers, and crypto firms eagerly await the Ripple vs. SEC ruling to determine the next direction for the industry.  Notably, legal professionals in the cryptocurrency industry predicted that the case would round up yesterday, March 31, following judge Torres’s ruling. But it didn’t happen. Instead, the attorney representing thousands of XRP holders,…

SBF hoarded too much data for the FBI to handle

Ad The laptop of former FTX CEO Sam Bankman-Fried holds so much data that the FBI is struggling to analyze it, according to reports from Business Insider on March 30. Prosecutors overburdened by laptop data The FBI is having difficulty with the laptop’s contents, according to statements made by Assistant US Attorney Nicholas Roos at…

SBF pleads not guilty to all 13 federal indictments

Ad Disgraced FTX founder Sam Bankman-Fried (SBF) pleaded not guilty to all federal indictments filed against him during a March 30 hearing, including the bribery charges unsealed last week, CNBC reported. SBF’s lawyer Mark Cohen told reporters that he intends to file a motion to mitigate some of the charges and request the court not…

Denmark Supreme Court rules that Bitcoin gains are taxable

Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 5 days ago

U.S. and South Korea vying for Do Kwon trial; extradition destination uncertain

Ad The U.S. and South Korea both aim to prosecute Terra founder Do Kwon, making his next destination unclear, according to a report from Bloomberg on March 29. Kwon faces charges in multiple countries Currently, Kwon is being held in Montenegro. Ongoing court proceedings in the country are now determining where Kwon will go to…

Op-ed: Binance’s reputation at risk as CFTC allegations raise concerns

Ad The following is a guest post from web3 investor Anndy Lian. The U.S. Commodity Futures Trading Commission (CFTC) has sued Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), for allegedly violating federal law by allowing Americans to trade crypto derivatives on its platform. The CFTC has been investigating Binance since…

Texas bill seeks to eliminate incentives for Bitcoin miners

Ad A new Texas Senate bill is looking to eliminate the incentives put in place to attract cryptocurrency miners to the Lone Star state. Texas has seen a boom in miners since the tax abatements were put in place and growth is projected to continue spiking. Mining power consumption is up 75% over the last…

Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act

Ad Coin Center posted a scathing assessment of the RESTRICT Act – saying the bill proposal could be used to ban crypto. The cryptocurrency advocacy organization highlighted several problems with the bill, including its potential to block and restrict access to open protocols, such as the Bitcoin (BTC) network. Moreover, Coin Center drew parallels with…