Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain unregulated. Prosecutors in Russia Draft Legislation Granting Cryptocurrency Property Status The Prosecutor General’s Office of the Russian Federation has...
Famed Economist Doubts Bitcoin Will Become Global Currency
Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence. Bitcoin Won’t Become Global Currency Rivalling US Dollar, Says Economist El-Erian Famed economist Mohamed El-Erian talked about the future outlook...
YouTubers Who Uploaded Movie Edits Receive Suspended Prison Sentences
In the summer we reported on an unusual situation in Japan where copyright holders felt that the rise of so-called ‘fast movies’ represented a threat to their business. ‘Fast movies’ are essentially heavily edited copies of feature-length films that tell the entire story in just a few minutes. However, unlike most official trailers they also tend to come with commentary, in addition to an abundance of spoilers. Available on dedicated...
Miramax Sues Tarantino for Copyright Infringement Over “Pulp Fiction” NFT Sale
With the NFT craze reaching new heights, Quentin Tarantino finds himself at the receiving end of a copyright infringement battle. The director of movie classics such as Pulp Fiction and Kill Bill plans to sell NFTs to the public. These NFTs will unlock handwritten scripts and exclusive custom commentary from Tarantino, which could be worth millions of dollars. Tarantino is collaborating with the Secret Network, a.k.a. SCRT Labs. They...
DISH Wins $31m Judgment & Injunction Against Pirate IPTV Service & Resellers
As reported by TF back in March, DISH Network filed a huge lawsuit against pirate IPTV provider ChitramTV. The complaint also named Dinesh Vigneswaran, the alleged owner of ChitramTV Canada, who allegedly does business from the Chitram.ca website. DISH claimed that ChitramTV obtained its broadcasts and streams, transferred them to its own servers, and then rebroadcasted them to subscribers of the Chitram service. ChitramTV was accused...
