BitMEX Co-Founder’s ‘God Access’ Trading Desk Under Legal Scrutiny: Judge Orders Suit to Proceed

Wilmington, Delaware – The co-founder of cryptocurrency exchange BitMEX, Arthur Hayes, has been ordered by a judge to defend himself in a lawsuit over allegations of facilitating illicit trading activities. The lawsuit accuses Hayes and his colleagues of creating a “God Access” trading desk that provided unfair advantage to certain users. The ruling comes after a federal judge in Delaware denied Hayes’ motion to dismiss the case. The judge stated that the plaintiffs had presented sufficient evidence to move forward with their claims. The lawsuit was filed by BMA LLC, a former client of BitMEX, … Read more

Controversial Louisiana Law Mandating “In God We Trust” Display in Schools Raises First Amendment Concerns

Louisiana, USA – Louisiana recently passed a law mandating that every public school classroom display the phrase “In God We Trust.” The bill’s author argues that this requirement is in line with a longstanding tradition of showcasing the national motto. However, legal scholars believe that this law may violate the establishment clause of the First Amendment, which prohibits the government from endorsing or promoting religion. This raises concerns about the potential religious coercion of students in public schools. The Louisiana law specifies that the motto must be displayed on a poster or framed document that … Read more