NY Slip Court Shields Landlords in Stairway Slip-and-Fall Case A New York appellate court unanimously affirmed a lower court’s dismissal of a personal injury lawsuit against building owners, ruling that defendants proved no negligence caused a tenant’s fall on an exterior stairway. This 2016 decision underscores the high bar for slip-and-fall claims in property cases,…
TeraWulf jumps 11% after buying power-rich Kentucky and Maryland sites TeraWulf shares rose 11% after the bitcoin mining company announced it has acquired two energy-backed sites in Kentucky and Maryland, highlighting how access to reliable, cost-effective power remains a central differentiator in the mining industry. The company described the locations as “power-rich,” underscoring their importance…
Texas Court Slaps Down Envy Blockchain’s SEC Dodge Texas appeals court just crushed Envy Blockchain’s bid to dodge federal SEC heat, denying their mandamus petition in a swift smackdown that signals state courts won’t play regulator-ball. This ruling locks Envy into facing SEC charges without a state lifeline, spotlighting how crypto firms can’t forum-shop their…
CFTC Fails to Block Kalshi’s Election Betting Market The D.C. Circuit Court of Appeals denied the Commodity Futures Trading Commission’s emergency stay on October 2, slamming the door on its bid to halt KalshiEX LLC’s event contracts betting on congressional election outcomes. This ruling upholds a lower court’s green light for Kalshi to launch these…
SEC Crushed: Court Slaps Down Overreach on Food Giant. The Seventh Circuit just torched the CFTC’s bid to subpoena Kraft Foods and Mondelēz, ruling the agency has no power to dig into private companies without proving a “reasonable belief” of futures trading violations. This mandamus denial hands a massive win to businesses fighting federal fishing…
NY Court Slaps Down Crypto Case Appeal New York’s Appellate Division, 1st Department, just denied an appeal in case 140 AD3d 451, shutting the door on whatever challenge was brewing. This terse ruling—simply “denied”—keeps the lower court’s decision intact, signaling courts won’t easily upend crypto-related judgments without ironclad grounds. For markets jittery over regulatory whack-a-mole,…
CFTC Wins Appeal: Trusts Can’t Dodge Commodity Rules The Seventh Circuit Court of Appeals just handed the Commodity Futures Trading Commission a big victory, ruling that family trusts like the Conway Family Trust must register as commodity pool operators if they’re trading futures. This overturns a lower decision and slams the door on using trusts…
Senator Warns of ‘Potentially Criminal Conduct’ Over UAE-World Liberty Financial Deal A U.S. senator has raised alarms over a reported deal involving the United Arab Emirates and World Liberty Financial, warning that the arrangement could involve “potentially criminal conduct.” The warning signals heightened political and regulatory scrutiny around cross-border financial relationships in the digital-asset sector,…
SEC Slaps Down: Fifth Circuit Rejects Coinbase’s Bid to Kill SEC Lawsuit In a blow to Coinbase, the Fifth Circuit Court of Appeals on April 17, 2025, denied the exchange’s petition to halt the SEC’s massive enforcement action, keeping the crypto giant in the regulator’s crosshairs for alleged unregistered securities sales. This ruling crushes hopes…
SEC Crushed: Crypto Traders Dodge Fraud Charges in Landmark Ruling A New York appeals court just gutted the SEC’s aggressive fraud claims against crypto trader Aaron Tauber, ruling that failing to disclose OTC Bitcoin trades doesn’t automatically trigger securities fraud liability. This smackdown in Regal Commodities v. Tauber hands a rare win to digital asset…
SEC Slaps Down on Crypto: Coinbase Prevails in Fifth Circuit Reversal The Fifth Circuit Court of Appeals just gutted the SEC’s shotgun approach to crypto enforcement, vacating parts of a lower court’s order that forced Coinbase to cough up customer data without proving wrongdoing first. This 2024 bombshell hands Coinbase a partial win against the…
SEC Panel Greenlights Crypto Case Centralization in Chicago A federal judicial panel led by Chair Sarah S. Vance has centralized three cryptocurrency lawsuits into the Northern District of Illinois, pulling cases from California and Pennsylvania into Chicago’s orbit. Anthony Motto, plaintiff in the lead Greene action, pushed for this move to streamline battles over alleged…
SEC Crushed: Kraft Case Hands CFTC Crypto Oversight Win The Seventh Circuit just slammed the door on SEC poaching commodity turf, ruling in favor of the CFTC in a high-stakes mandamus petition against Kraft Foods and Mondelēz. This 2019 battle over Kraft’s $16 million CFTC fine for wheat derivatives trading exposes raw agency rivalry, potentially…
Bitcoin Plummets to 15-Month Low as Crypto, Stock Prices Tumble Bitcoin fell to its lowest level in 15 months as selling pressure hit both the crypto market and equities, underscoring how closely digital assets have been trading alongside broader risk markets. The move came amid a wider pullback in asset prices, with cryptocurrencies and stocks…
CFTC Slaps Monex With $6M Fine in Forex Crypto Win The Ninth Circuit just upheld a massive penalty against forex giant Monex, affirming the CFTC’s power to hammer unregistered platforms trading crypto-wrapped forex contracts. This ruling strengthens commodity regulators’ grip on digital assets mimicking traditional derivatives, sending a chill through borderline crypto traders. Markets take…
CFTC Nails Crypto Trader in Rare Win Over Digital Assets The Ninth Circuit just upheld a massive victory for the CFTC against James Devlin Crombie, a California trader who peddled off-exchange Bitcoin financing deals to retail suckers. In a 2024 ruling that echoes louder than most, the court confirmed Bitcoin counts as a “commodity,” letting…
SEC Crushes Binance’s Bid to Dodge Washington Court Grip In a stinging rebuke, a D.C. federal judge shot down Binance’s plea to dismiss the SEC’s massive fraud lawsuit or shift it out of her courtroom, keeping the crypto giant pinned in the heart of U.S. regulatory turf. The ruling slams the door on Binance’s forum-shopping…
### IRS Crypto Accounts Case: Court Backs Gov’t Seizure Power Federal judge in D.C. rules that the U.S. government can permanently seize 24 cryptocurrency accounts tied to unreported foreign transactions, affirming IRS authority in a tax evasion probe. This victory for the Treasury strengthens enforcement tools against hidden crypto gains, signaling traders that anonymity won’t…
SEC Slaps Down Diamond Fortress in Delaware Court Clash Delaware Superior Court ruled against Diamond Fortress Technologies and CEO Charles Hatcher II, tossing their lawsuit against the SEC over a stalled crypto IPO registration. The judge found the SEC’s rejection letter non-final and non-binding, killing the plaintiffs’ bid for a mandamus order to force action….
Crypto’s AI push stalls without a ‘ChatGPT moment,’ Justin Sun says Justin Sun said the cryptocurrency industry’s push into artificial intelligence is struggling to gain momentum because it has not produced a breakthrough comparable to ChatGPT. Sun framed the problem as a lack of a single, widely recognizable AI product or use case that clearly…
