Japan Court Orders Exchange to Pay ¥4.2bn in Victim Restitution
The ruling held the exchange liable for inadequate security controls.
A Tokyo district court on Thursday ordered a previously licensed crypto exchange to pay ¥4.2 billion in restitution to victims of a 2024 cold-storage breach, holding the exchange liable for inadequate security controls and a failure to follow its own incident response procedures.
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Federal Court Sentences Crypto Ponzi Operator to 22 Years
The defendant ran a $1.2 billion scheme falsely marketed as a high-frequency arbitrage fund.
Appeals Court Upholds Conviction of Mixer Operator
The Second Circuit rejected First Amendment and vagueness challenges to the underlying money-transmission statute.
UK High Court Orders Recovery of 412 BTC to Hacking Victim
The proprietary injunction is among the largest crypto recoveries ordered by an English court.
Korean Court Rejects Bankruptcy Plan of Collapsed Exchange
The court ruled that the proposed creditor recovery rate fell below statutory minimums.