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BREAKING: Terraform to pay $4.47B to resolve SEC civil lawsuit
12.6.2024
The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform's collapse in 2022
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
5.6.2024
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine...
DCG and Barry Silbert file motions to dismiss civil lawsuit by NYAG
7.3.2024
DCG, an acronym for Digital Currency Group, shared the news of filing a motion to dismiss a civil lawsuit against Gemini, Genesis, and DCG. The New York Attorney General filed the lawsuit, alleging that DCG borrowed roughly 18k BTC from Genesis after Three Arrow Capital defaulted on its loans....
Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product
2.2.2024
Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a civil penalty of $21 million. The settlement, which resolves the SEC’s civil lawsuit against Genesis over the “unregistered offer...
DCG Hires Former Trump Impeachment Counsel in Defense Against NYAG Civil Lawsuit
1.11.2023
Digital Currency Group (DCG) has found itself under intense legal scrutiny after it was confronted with a civil lawsuit filed by New York Attorney General Letitia James on October 19. In an attempt to challenge the allegations, DCG has enlisted renowned litigator Barry Berke, who previously served...
Court Summons Mirror Trading International Executives Over BTC Global Scam Allegations
18.4.2021
Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called BTC Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them. Two MTI Executives Linked to...
Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims
14.4.2021
The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to...
Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown
2.11.2020
A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted about $440,308,400 of proceeds...