Senior United States District Judge Jack D. Weinstein of the New York Eastern District Court ruled on March 6th that virtual currencies, such as Bitcoin, are commodities, and that the Commodity Futures Trading Commission (CFTC) has authority along with other state and federal administrative agencies and civil and criminal courts over dealings in virtual currency.
Articles Tagged with EDNY
Federal Judge Rules Virtual Currencies are Commodities
Posted in: Consumer Law
Tagged: bitcoin, crytocurrency, EDNY, federal court, Virtual Currencies
Federal Judge in New York Slaps $6.7 Million Verdict Against Building Owner Who Destroyed Graffiti
On Monday, February 12, US District Judge Frederic Block ruled in Castillo v. G&M Realty LP that 45 works of graffiti art on the 5Pointz warehouses in Queens were protected under the federal Visual Artists Rights Act (VARA), and that the building owner violated the law by painting over the graffiti. The judge's decision is available on Justia Dockets.
Posted in: Copyright
Tagged: copyright, EDNY, federal court, intellectual property, New York