Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded

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Mt. Gox begins repayments, North Carolina governor vetoes a bill banning CBDCs, and OpenAI’s legal move against The New York Times. All this and more in our weekly Law Decoded newsletter!

The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor.for the creditors of the defunct crypto exchange Mt. Gox has commenced, with repayments in Bitcoin and Bitcoin Cash scheduled.

The proposed legislation, which garnered attention for its potential to set a precedent for other states, was rejected by the governor, citing that it would stifle innovation and the state’s economic interests. Despite the bill’s near-unanimous support in the state’s House of Representatives and Senate, Cooper stated the bill was too “premature, vague, and reactionary.”OpenAI, the AI research lab behind ChatGPT, filed court documents in the ongoing lawsuit requesting that The New York Times disclose its sources.The official disclosure request to the court escalates the case as OpenAI’s legal team argues that the sources are crucial for establishing the veracity and context of the publishers’ claims.


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