Cryptocurrency software developers warned an appeals court on Thursday that they could be exposed to litigation around the world if judges rule in favor of the self-styled inventor of bitcoin and revive his lawsuit seeking reunification with assets allegedly worth billions.
The self-styled inventor of bitcoin urged the Court of Appeal on Wednesday to find that software developers behind digital currency networks have a legal duty to protect consumers' valuable assets from fraudsters, in a case that could reverberate across the financial sector.
The Gambling Commission won permission on Friday to put on hold procurement claims brought against it over the award of the multibillion-pound licensing contract for the U.K. national lottery pending the upcoming takeover of the current operator by its successor.
The Court of Appeal held Thursday that use by ministers of WhatsApp and private email accounts for official government communications does not break the law, deciding that guidance on keeping public records is not enforceable.
A charity urged an appeals tribunal on Monday to order banks to disclose the names of small businesses that took advantage of government-backed emergency COVID-19 loans amid estimates that billions in taxpayers' cash has been lost to fraud.