Trial

Criminal trial for BitMEX exec Greg Dwyer delayed to October

Criminal trial for BitMEX exec Greg Dwyer delayed to October

advertisement The U.S. criminal trial for BitMex’s former head of business development, Greg Dwyer, has been delayed.  U.S. regulators first took aim at the crypto derivatives exchange in October 2020, when a number of charges came down on the exchange and its operators. Civil charges from the Commodities Futures Trading Commission (CFTC) and the Financial …

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Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

MIAMI — The civil trial of Ira Kleiman vs. Craig Wright kicked off in Miami on Monday to perhaps answer one of Bitcoin’s greatest mysteries: Who is Satoshi Nakamoto and what happened to the estimated 1.1 million BTC in his possession? Wright, an Australian computer scientist and early cryptocurrency pioneer, has been claiming to be …

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Former BitMEX CEO Arthur Hayes surrenders to US authorities: report

U.S. Justice Department seeks crypto-specialized trial attorney for money laundering recovery

Per a job posting that appeared on June 21, the Department of Justice is looking for an attorney specialized in digital assets to join its criminal division.  The new hire will serve as the “subject matter expert on digital currency and blockchain technologies for the Criminal Division,” specifically the Digital Currency Initiative. The DCI itself …

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China expands digital yuan reach with its latest giveaway trial in Shanghai

China expands digital yuan reach with its latest giveaway trial in Shanghai

China has increased the reach of the digital yuan with its latest giveaway test in Shanghai, the country’s financial hub. Shanghai airdropped 350,000 “red packets” over the weekend, each containing 55 digital yuan (around $9) and adding up to a total of nearly 20 million yuan ($3 million). This was the highest number of red …

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Chinese court begins trial of prominent crypto OTC trader Zhao Dong

Chinese court begins trial of prominent crypto OTC trader Zhao Dong

The Xihu District Court in the Chinese city of Hangzhou has started the trial of a criminal case against well-known crypto over-the-counter (OTC) trader Zhao Dong and several others. According to the live stream page of the trial on Wednesday, Zhao was charged with a crime called “assisting internet criminal activities.” Under China’s codified laws, …

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Australian Payment Card Company to Trial Micropayments Using Hedera Hashgraph

Australian Payment Card Company to Trial Micropayments Using Hedera Hashgraph

A leading Australian debit card network is using Hedera Hashgraph to trial a micropayments system that could rival traditional online methods. In an exclusive press statement shared with CoinDesk on Wednesday, Eftpos Australia CEO Stephen Benton said the collaboration between the two companies is a key part of Eftpos’ digital payments strategy. Eftpos is Australia’s …

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Italian Banks Are Ready to Trial a Digital Euro

Italian Banks Are Ready to Trial a Digital Euro

The Italian Banking Association (ABI) announced Thursday that its banks are willing to pilot a digital euro.   The group shared 10 considerations for a digital euro in Thursday’s announcement, starting with, “Monetary stability and full compliance with the European regulatory framework must be preserved as a matter of priority.”  The group prioritized the need for …

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