US Bankruptcy Court’s ruling could help HashFast trustee recover $1.3 million
Judge Dennis Montali, presiding over the United States Bankruptcy Court for the Northern District of California, ruled that Bitcoin should be classified as “intangible personal property.”
Bitcoin Miner Manufacturer Found Guilty of Fraud
ASIC mining chip manufacturer, HashFast Technologies, has been found guilty of fraud for unfair business practices, and the way it handled returns from their 2013 failed deliveries of the 'Baby Jet' mining rigs.
FinCEN Ruling Declares Asset-backed Cryptocurrency Vendor a Money Transmitter
The latest administrative ruling from the US Financial Crimes Enforcement Network (FinCEN) issued to a bitcoin brokerage company will be relevant for many digital currency startups.