NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Sei...
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service (IRS). The U.S. tax agency is accused of obtaining Harper’s information from crypto asset exchanges without valid subpoenas or statutory limitations. IRS Accused of Accessing American Citizens’ Private Information Without Following Statutory Limitations on Power to Issue Subpoenas The....
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Attorneys for Sean “Diddy” Combs told a US federal court they will appeal his conviction and the 50-month prison sentence handed down after his trial. They filed a formal notice of appeal on Monday and are expected to file the full appeal papers soon. Related Reading: Ethereum Crash Becomes BitMine’s Buying Spree — $1.5B Added […]
Late Thursday, the US Securities and Exchange Commission (SEC) has filed Form C in its case against Ripple Labs, specifying the grounds of its appeal against Judge Analisa Torres’s final ruling from August 7. This filing, which was due by October 16, comes after the SEC’s initial Notice of Appeal on October 2 lacked detailed […]
A hacking group called The Shadow Brokers has claimed to have hacked a group linked to the National Security Agency (NSA) and is asking for 1 million bitcoins ($568 million) to return files after having dumped some of the files, according to Motherboard. The Shadow Brokers claims to have hacked a group called Equation Group, whose level of sophistication has led some researchers to believe it is NSA related. The Shadow Brokers claimed they stole some of the Equation Group’s hacking tools. They publicized the dump on Saturday and tweeted a link to their manifesto against government sponsors....
The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional power grab.” FinCEN’s Proposed Crypto Wallet Rule Is Unlawful, Says NCLA The New Civil Liberties Alliance (NCLA), a nonpartisan, nonprofit civil rights group, filed its comments on Monday objecting to FinCEN’s proposed rule, entitled “Requirements for Certain Transactions....
On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, Celebrity Agrees to Pay $1.26M in Penalties and Will Not Tout Any Crypto Assets for 3 Years In mid-June 2021, Bitcoin.com News reported on the reality television series star Kim Kardashian and how she was....