B.C. Supreme Court upholds B.C. Hydro’s Moratorium on Cryptocurrency Mining
In a recent ruling, a provincial supreme court judge in British Columbia has upheld B.C. Hydro’s 18-month moratorium on cryptocurrency mining projects stated that it was reasonable and not discriminatory. The decision comes after Conifex Timber, a forestry company that had ventured into crypto mining, challenged the moratorium. Conifex Timber, a British Columbia-based forestry company, […]
Federal Court of Canada declares Emergency Law unconstitutional
In a recent ruling, the Federal Court of Canada has deemed the government’s use of the Emergencies Act to curb funds and cryptocurrencies supporting protesting truckers as unreasonable and unconstitutional. Justice Richard Mosley, in his decision on January 23rd, 2024, concluded that there was no genuine national emergency justifying the invocation of the Emergencies Act. […]
Texas attorney general probes media matters after Elon Musk lawsuit
In recent developments, Texas Attorney General Ken Paxton announced an investigation into Media Matters, a media watchdog organization, for alleged fraudulent activities. This follows a lawsuit filed by Elon Musk, CEO of X (formerly known as Twitter), against Media Matters in a Texas federal court, accusing the organization of fabricating evidence to tarnish the image […]
Cryptocurrency exchange Crypto.com battles user over mistaken $50,000 deposit
Crypto.com, the leading cryptocurrency exchange, has taken legal action to secure confirmation of an arbitration award in its favour after a user’s account was wrongly credited with $50,000. According to court documents filed on July 6, Crypto.com claimed the funds were mistakenly deposited into James Deutero McJunkins’ account in June 2022. McJunkins swiftly transferred the […]
