$ 29,289.00 3.29%
$ 1,965.52 3.16%
$ 49.63 5.28%
$ 0.084129 3.08%
$ 7.77 2.63%
$ 1.34 5.46%
$ 0.000114 18.35%

Russian Bitcoin and Blockchain news portal reinstated by court order

supreme court of russia

Nikolay Tonkoshkurov, the owner of the website, will be paid around 150,000 rubles by the local court for his troubles. was blocked without any warning as prosecutors had complained that the website was violating the rules of the country. The prosecutor stated that spreading information about these digital tokens was a crime against the Central Bank of Russia.

Tonkoshkurov, however, won the battle and the court decided to restore access to the website and Tonkoshkurov would receive 150,000 rubles for his troubles and lost business. The money will come directly from the prosecutor who wrongfully sued the website.

Tonkoshkurov received help from the Roskomsvoboda which represented him along with the firm’s lawyers. Roskomsvoboda is an organization that fights against internet censorship by Russian authorities.

The saga started in 2016 when a group of prosecutors requested a local court to block access to This gained momentum when the District Court decided that the website was really violating the ‘the Central Bank of Russian Federation’ law by posting content about Bitcoin that is illegal in the country.

The owner of the website complained that he was not summoned by the court. This proved that his rights were being violated although his appeal was rejected.

He went onto the Supreme Court that ordered the City Court to hear his appeal again. This time his hardships bore fruit. Not only the access to his website was restored, but he was also paid more than $2,000 for being wrongfully sued.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

Related News

Hot Stories

Dogecoin price analysis: DOGE illustrates stable dynamics at $0.0869
Verasity Price Prediction 2022-2031: Soon to hit $0.50 after Crypto.Com listing?
Polkadot price analysis: DOT/USD gains a massive value at $10.08
Vitalik Buterin reveals when Ethereum merge could happen
Seth Green loses his 4 NFTs in a Phishing scam; begs not to buy them.

Follow Us

Industry News

President of Panama Refuses to Sign the Cryptocurrency Bill
Gabe Plotkin's hedge fund Melvin Capital shut its doors this week
CFTC indicts 2 men for running a $44M crypto Ponzi scheme
Goldman Sachs: crypto crash has little effect on the US economy
Commonwealth bank halts crypto pilot program