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Coinbase faces another data breach lawsuit claiming stock drop damages
26.5.2025
Coinbase and two executives have been hit with another proposed class-action lawsuit over the crypto exchange’s stock price drop after disclosing a user data breach earlier this month and for allegedly failing to disclose a violation of an agreement with a UK regulator.Coinbase investor Brady...
Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe
22.4.2025
In a letter to shareholders on Tuesday, Unicoin CEO Alex Konanykhin said the SEC’s investigation has inflicted “multi-billion-dollar damages” on its investors and token holders
Cybercrime Damages Highlight Need for Scalable Decentralized Infrastructure
10.1.2025
Blockchain technology’s inherent data security is an underappreciated use case, says Jessie Dai, Cofounder of CESS Network
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
14.10.2024
James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data...
British man sues council for $647M over lost Bitcoin in landfill
12.10.2024
James Howells continues his legal battle for 495 million British pounds ($647 million) in damages after Newport City Council blocked his landfill excavation request
Former Ethereum Network Advisor Steven Nerayoff Files $9.6 Billion Lawsuit Against U.S. Government Over Cover-Up, False Charges
9.4.2024
Former advisor to the Ethereum network, Steven Nerayoff, is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, a Tuesday morning court filing reveals. Tuesday's...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
Football Star Cristiano Ronaldo Plays Football with Binance NFT Holders Amid Lawsuit
26.1.2024
Cristiano Ronaldo trained with holders of his non-fungible token (NFT) in a Binance event amid several investors seeking damages from the sports star in a United States lawsuit. On Jan 25, Ronaldo played football with selected NFT holders in a training drill in Lisbon alongside Binance ambassador...
Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria
26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....
Nexo Seeks $3B in Damages from Bulgaria Over Aborted Investigation Affecting US Stock Listing
24.1.2024
Crypto lender Nexo has started a legal battle seeking $3 billion in damages from Bulgaria following an aborted criminal investigation that the company claims derailed its plans for a US stock market listing and a soccer sponsorship deal. Nexo AG, a Swiss subsidiary of Nexo Capital based in...
Crypto Lender Nexo Seeking $3B in Damages From Bulgaria
24.1.2024
Nexo has accused the country of making "wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations."
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
13.12.2023
Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7 Million Hack, Bounty Offered for Hacker’s...
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
26.11.2023
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $30 million. HTX announced its commitment to “fully compensate” for the financial...
Atletico Madrid Sues Singapore’s Crypto Exchange Over Unpaid $44 Million Sponsorship
24.11.2023
Source: AFP Atletico Madrid, the renowned Spanish football club, is suing Singapore-based crypto exchange WhaleFin, following the unexpected termination of its $44 million shirt sponsorship deal. The football club is seeking $24 million in damages, citing crypto exchange WhaleFin’s alleged...
Atomic Wallet Parent Company Seeks Dismissal of $100 Million Lawsuit, Citing Jurisdictional Challenge
20.11.2023
Source: Pixabay The parent company of Atomic Wallet, a popular cryptocurrency wallet, has filed a motion in a United States court seeking the dismissal of a class action lawsuit. The lawsuit, which seeks damages totaling $100 million, alleges that the company failed to adequately protect user...
Atomic Wallet asks to toss suit over $100M hack saying it has ‘no US ties’
20.11.2023
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed
Yuga Labs Awarded $1.6 Million in Damages in NFT Copyright Infringement Lawsuit Against Ryder Ripps
27.10.2023
A California federal judge said that Yuga Labs, the blockchain company behind some of the most popular collectibles of the NFT boom, is entitled to receive nearly $1.6 million in damages, plus legal fees, from a conceptual artist and his business partner who copied Bored Ape’s NFT art....
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
27.10.2023
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Digital Currency Group Strikes Back: Motion to Dismiss Gemini’s Lawsuit Filed
11.8.2023
Digital Currency Group (DCG) has filed a motion to dismiss the lawsuit brought against them by Gemini Trust Company, LLC. The motion, filed in the Southern District of New York, argues that Gemini’s allegations of fraudulent misrepresentations related to the Gemini Earn program are without...