Blockchain

Blockchain Leaders Challenge IRS Over New Crypto Broker Rules, Citing Privacy Concerns and Regulatory Overreach

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Washington, D.C. – The Blockchain Association, along with the Texas Blockchain Council and the DeFi Education Fund, has initiated legal action against the U.S. Internal Revenue Service (IRS), contesting the agency’s latest regulatory framework targeting the DeFi (decentralized finance) sector. This lawsuit arises from concerns that the updated rules overstep legal boundaries and infringe on privacy rights. These regulations, finalized just days ago, are scheduled to be enforced starting in 2027, and will mandate crypto brokers to report all cryptocurrency transactions conducted on their platforms, encompassing decentralized exchanges (DEXs). Moreover, the IRS will require these … Read more

Alameda Research Seeks $90 Million in Crypto Lawsuit Against Waves Blockchain Founder

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New York – Alameda Research, once affiliated with the now-bankrupt cryptocurrency exchange FTX, has initiated legal proceedings against Sasha Ivanov, the founder of the Waves blockchain platform, citing allegations tied to a substantial financial dispute involving $90 million on the decentralized finance platform, Vires.Finance. The legal challenge comes amid a tumultuous period for the cryptocurrency sector, highlighting vulnerabilities and the complex web of financial and operational practices that accompany digital currency exchanges and their subsidiaries. In a detailed lawsuit filed on November 10, Alameda Research claimed it placed approximately $80 million in cryptocurrencies, specifically Tether … Read more

Renowned Trial Lawyer Adam M. Moskowitz Shines in Blockchain and Cryptocurrency Litigation, Leverages Expertise to Secure Victories

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Miami Beach, Florida – Renowned attorney Adam M. Moskowitz has earned a place on the list of notable figures in the legal world. With a specialization in class action litigation and a focus on blockchain and cryptocurrency lawsuits, Moskowitz has established himself as an esteemed expert in his field. His exceptional advocacy skills have consistently delivered favorable outcomes throughout his lengthy career as a trial lawyer. Among his significant accomplishments, Moskowitz successfully represented the crypto investor class in a class action lawsuit against FTX and Sam Bankman-Fried. This marked a significant victory in the ever-evolving … Read more