Category: Legal

Judge Dismisses Case Against Crypto Entrepreneur over 555ct. Black Diamond 

Securities and Exchange Commission could not prove Richard Heart’s alleged conduct took place in the US.

NY Diamond Dealer Pleads Guilty to Swapping Synthetics for Natural 

District Attorney’s office charged Manashe Sezanayev with grand larceny for defrauding two diamond merchants of $460,000.

EU Delays Traceability Rules, Requires Specific Mining Origin on Certs

Postponement gives diamond companies more time to prepare, says Antwerp trade body.

US Diamond Importers Can Self-Certify Mining Source at Point of Entry, Says JVC 

Customs may ask for proof at later stage, according to legal guidance group.

Brink’s US Unit to Pay $42M in Money-Laundering Settlements 

Transportation giant shipped currency without appropriate license, according to government entities.

Qatari Sheikh Loses Battle over Right to Buy 70ct. Blue Diamond 

Cousin of country’s ruler cannot force another member of the royal family to sell him the Idol’s Eye for $12.6 million.

Diamond Origin Declaration ‘Should Be Verifiable,’ US Govt. Says 

Customs and Border Protection (CBP) lists acceptable forms of proof.

‘Unclear’ US Diamond Rules Signal Move to Traceability 

New requirements to state “country of mining” leave a lot of unanswered questions.

US to Demand Origin Declaration for Diamonds 

Requirement will come into effect in April.

FBI Arrests Four Connected to Kidnapping, Robbery Plot Against Florida Jeweler 

Group wanted to extort $2 million in cryptocurrency from business owner.

Featured