ChainCatcher news, the Constitutional Court of Korea stated that the impeachment case documents sent to Yoon Suk-yeol were not received, but they still have delivery effect. The Constitutional Court announced that the first preparatory hearing (pre-trial meeting) for the impeachment case will be held as scheduled on December 27. (Jin Ten)

According to ChainCatcher news, as reported by the Shenzhen Political and Legal WeChat account, an employee in Shenzhen was laid off after the probation period. The company paid 20,000 yuan in salary and 10,000 yuan in compensation, but the employee claimed that there was still 25,000 yuan in virtual currency salary unpaid, and thus took the matter to court.The court found the evidence insufficient, and since Tether is not a legal currency, it ruled that the company should pay the difference in compensation of 10,000 yuan, rejecting the claim for virtual currency salary. The appeal was dismissed by the second instance, upholding the original judgment.

ChainCatcher news, according to Cointelegraph, Tornado Cash co-founder Roman Storm has requested the judge to dismiss the criminal charges against him.Previously, the appeals court ruled that the U.S. Treasury's sanctions against the crypto mixer were illegal, stating that the Treasury acted "beyond its authority" in this case.

ChainCatcher news, self-proclaimed Satoshi Nakamoto, Australian scientist Craig Wright has been found in contempt of court and sentenced to 12 months in prison, with a two-year probation. It is reported that he appeared in court via video link, refused to disclose his exact location, but stated that he would appeal.Previous news, COPA accused Craig Wright of contempt of court, seeking a two-year prison sentence.

ChainCatcher news, according to CoinDesk, the Crypto Open Patent Alliance (COPA) has filed a lawsuit against Craig Wright for alleged contempt of court, seeking a maximum of two years in prison. COPA proposed in court documents an initial 18-month prison sentence for Wright, with an additional 6 months if he does not promptly cease his contemptuous litigation behavior.In March of this year, High Court Judge James Mellor formally ruled that Wright is not the Bitcoin founder Satoshi Nakamoto and issued an injunction preventing him from bringing lawsuits on this matter in the UK and other jurisdictions. Mellor warned at the time, "Once the dust settles, Wright is likely to ramp up his public promotion efforts again." However, in October of this year, Wright still filed a lawsuit regarding intellectual property related to the Bitcoin system, claiming damages of up to £900 million (approximately $1.1 billion).

ChainCatcher news, the Delhi High Court ordered a new investigation into the platform on December 18, the same day Binance announced it would delist the exchange's native token WRX. This investigation was triggered by allegations of a previous hacking incident and concerns over financial misconduct.Earlier, lawyer Jaivir Bains submitted a petition calling for criminal charges against WazirX, accusing it of misconduct that occurred in July 2024, resulting in a loss of $235 million in cryptocurrency. The court subsequently issued the above directive. The initial report from the Delhi police deemed the case unviable, but Judge Sanjeev Narula rejected this investigation result and requested an updated status report by February 2025.This investigation highlights the ongoing skepticism regarding the operational integrity of WazirX. Cybersecurity firm Cyfirma led part of the recovery efforts, but the exchange admitted that 43% of customer funds remain unrecoverable.

ChainCatcher news, according to South Korean media YTN, the South Korean prosecution summoned Yoon Suk-yeol to appear in court on December 21.

ChainCatcher news, a spokesperson for the Constitutional Court of Korea stated that the Constitutional Court will hold its first hearing on the impeachment case of Yoon Suk-yeol on December 27.

ChainCatcher news, according to a report by The Paper, the People's Court of Wenchang City, Hainan Province, recently concluded a case involving the trading of personal information using cryptocurrency. The court's investigation revealed that the defendant, Han, purchased over 82.24 million pieces of personal information for 500 yuan via QQ in 2021, which included 7.27 million photos of ID cards, 30.69 million vehicle owner information, and 1.07 million bank user information.In March 2023, Han sold this information through platforms such as QQ, WeChat, and Telegram, and collaborated with courier Wu to obtain express delivery transaction information, pricing each piece at 1.5 yuan in USDT. He made a profit of 770 yuan by exchanging through the Ouyi platform. The court sentenced Han to one year and eight months in prison for infringing on citizens' personal information and imposed a fine of 3,000 yuan. Co-defendant Wu was sentenced to eight months in prison with a one-year and four-month probation and fined 2,000 yuan.

ChainCatcher news, according to a report by The Paper, the People's Court of Wenchang City, Hainan Province, recently concluded a case involving the trading of personal information using cryptocurrency. The court's investigation revealed that the defendant Han purchased over 82.24 million personal information records for 500 yuan on QQ in 2021, which included 7.27 million photos of ID cards, 30.69 million vehicle owner information, and 1.07 million bank user information.In March 2023, Han sold this information through platforms such as QQ, WeChat, and Telegram, and collaborated with courier Wu to obtain delivery transaction information, pricing each record at 1.5 yuan in USDT. He profited 770 yuan by exchanging through a virtual asset trading platform. The court sentenced Han to one year and eight months in prison for infringing on citizens' personal information, and fined him 3,000 yuan. Co-defendant Wu was sentenced to eight months in prison with a one-year and four-month probation and fined 2,000 yuan.

ChainCatcher news, according to China News Service, the First International Commercial Court of the Hainan Province First Intermediate People's Court successfully transferred litigation fees to the digital RMB account of the parties involved in a housing sale contract dispute case. This is the first time the court has processed a digital RMB refund for a party from Hong Kong, achieving an innovative breakthrough in the field of litigation refunds for foreign-related cases.In the process of handling the refund for Mr. Gao, the staff of the International Commercial Court of Hainan First Intermediate Court conducted comprehensive research on relevant policy regulations, as well as the specific processes for applying for real-name accounts and court transfer operations with the Hainan Branch of the People's Bank of China. They guided Mr. Gao to obtain a digital RMB real-name account that does not require binding a domestic bank card, ultimately successfully processing the refund using this method.

ChainCatcher news, according to the official WeChat account of Jingde County People's Court, the Jingde Court recently concluded a case involving the organization and leadership of pyramid selling activities related to virtual currency.It is reported that Xu (handled in another case) planned to develop the "Mobius" project, which involved issuing and promoting MBUS (Mobius) virtual currency, cards, etc. Several individuals required participants to purchase and hold MBUS coins, NFT cards, and MSS coins under the guise of investing in virtual currency and derivative project trading. They actively developed downline personnel through "referral" methods and organized a hierarchical structure in a certain order, directly or indirectly using the number of developed personnel, the amount and quantity of purchased virtual currency and cards as the basis for compensation or rebates, defrauding participants of a total of over 964,300 USDT (1 USDT is approximately equal to 1 USD, equivalent to about 6.39 million RMB).After the incident, it was identified that the wallet addresses of MBUS coin holders recorded 29,280 entries, with a total referral hierarchy of 48 levels. The individuals involved, including Li, Xiang, Huang, and four others, were sentenced to fixed-term imprisonment ranging from two to three years, with probation and fines imposed.

ChainCatcher news, according to IT Home citing The Wall Street Journal, Meta is urging California Attorney General Rob Bonta to block OpenAI's plan to transition into a for-profit entity, marking its stance alongside Musk in the battle between the two AI giants in Silicon Valley.In a letter sent to California Attorney General Rob Bonta on Thursday local time, Meta stated that allowing OpenAI to transition into a for-profit company would set a dangerous precedent for startups, enabling these companies to continue enjoying the tax benefits of non-profit organizations before they are ready to turn a profit.Meta wrote in the letter: "OpenAI's actions could have far-reaching implications for Silicon Valley. If OpenAI's new business model is accepted, then non-profit investors will gain the same profit opportunities as those investing in traditional for-profit companies, while still benefiting from government tax breaks."

ChainCatcher news, according to the Korean National Assembly's bill information system, South Korean President Yoon Suk-yeol submitted a consent proposal for the appointment of the Chief Justice to the National Assembly on the 12th, stating, "With the end of the Chief Justice's term, I request the National Assembly's consent to appoint a successor Chief Justice."After Yoon Suk-yeol delivered a speech to the public on the 12th, rejecting calls for an early end to his term, he approved 42 bills and enforcement orders, among other things, and submitted the consent proposal for the Chief Justice's appointment, continuing to exercise presidential powers. According to the South Korean Constitution, the Chief Justice should be proposed by the Chief Justice of the Supreme Court (High Court) and appointed by the President after receiving the National Assembly's consent. (Kim Ten)

ChainCatcher news, according to the Procuratorial Daily report, on November 18, the Jiangsu Province Jianhu County Procuratorate organized police officers to distribute promotional materials in communities and streets, explaining the main forms of crimes involving virtual currency and interpreting the legal risks of virtual currency transactions in connection with a new type of crime case mediated by virtual currency trading. In this case, three young men born after 1995 engaged in foreign exchange "business" through virtual currency trading, completing over 650 transactions and exchanging nearly 30 million yuan in just a few months. The Jianhu County Procuratorate filed a public prosecution, and recently, the court sentenced Lin and two others to fixed-term imprisonment of five years to one year and six months for illegal business operations, along with fines.Lin, in collaboration with a Nigerian national, used the local legal currency Naira to purchase Tether on the Binance exchange, then transferred the Tether to Lin's Binance account. Lin sold the Tether to domestic currency traders in exchange for RMB, which was then transferred to a bank account in China provided by the Nigerian national. Lin determined the purchase price by discounting 5% from the day's listing price of Tether and then sold it to domestic currency traders at the listing price, earning the price difference.The prosecutor reviewed and concluded that Lin and the other two used virtual currency as a medium to provide cross-border exchange and payment services to earn exchange rate differences, which circumvented national foreign exchange regulations by exploiting the special properties of virtual currency, affecting the effectiveness of foreign exchange management and the stability of legal exchange rates, thereby disrupting the normal order of the financial market. They should be held criminally responsible for illegal business operations according to the law.

ChainCatcher news, the Shanghai No. 2 Intermediate People's Court released a white paper on "Balancing Punishment and Governance" in criminal trials, which disclosed that since 2019, over 600 criminal cases related to quasi-financial trading platforms have been concluded. In terms of investment types, the investment schemes in quasi-financial trading platform crimes are diverse and constantly evolving, shifting from initial investments in physical items like stamps and paintings to financial investments such as futures, options, stocks, and foreign exchange trading, and now extending into emerging fields like NFTs (digital collectibles) and digital currencies.From the statistical data, the top three investment schemes by case volume are futures, stocks, and virtual currencies, accounting for approximately 50%, 20%, and 11%, respectively. Criminals often use WeChat public accounts, mini-programs, and live broadcasts to extensively promote so-called "virtual currencies," leading to an expanding range of related illegal information and a continuous increase in the number of victims.

ChainCatcher news, according to Cointelegraph, Telegram founder Pavel Durov appeared in a Paris court at 10 AM CET on December 6, accompanied by his lawyers David-Olivier Kaminski and Christophe Ingrain. Sources say the court's inquiry focused on allegations related to Telegram's potential use for illegal transactions.Pavel Durov stated that he trusts the French judicial system but declined to provide details about the case.

ChainCatcher news, the Civil Court Daily published an article titled "Criminal Qualification of Illegal Theft of Virtual Currency," which points out that the act of stealing virtual currency constitutes theft. As an economic property, it must have value, including utility, scarcity, and disposability. Scarcity is reflected in the constant total supply of virtual currency, which is not infinitely available. Disposability is demonstrated by the use of asymmetric encryption technology for virtual currency, which exists in wallets (i.e., addresses), and once the address and private key are obtained, one can control the virtual currency. Utility is reflected in the fact that virtual currency, as a specific data encoding, must be generated through "mining," which condenses social abstract labor.The article also points out that the act of stealing virtual currency constitutes the crime of illegally obtaining data from computer systems, as virtual currency has data characteristics. The illegal theft of virtual currency constitutes the crime of illegally obtaining data from computer systems. Regarding the determination of the amount of stolen virtual currency, it is more reasonable to set the amount of virtual currency involved in the case at the time the defendant committed the crime rather than when the victim purchased the virtual currency.

ChainCatcher news, a Russian court has sentenced the founder of the online black market and cryptocurrency mixing service Hydra, Stanislav Moiseev, to life imprisonment. The service processed over $5 billion worth of cryptocurrency during its operation.According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow Regional Court found Moiseev and his 15 accomplices guilty of organized crime and illegal production and sale of psychoactive substances and drugs. The sentences for Moiseev's 15 accomplices ranged from 8 to 23 years. Moiseev was also fined $38,100 (4 million rubles), while his 15 accomplices were ordered to pay a total of $152,400 (16 million rubles). As part of the sentencing order, properties and vehicles related to the convicted individuals were also seized.According to Russian state media TASS, they will serve their sentences in a "strict regime" penal colony.