Search
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
17.9.2024
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022
Concerns grow over Binance executive’s health during detention in Nigeria
26.8.2024
Tigran Gambaryan's family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria
Concerns grow over Binance executive’s health during detention in Nigeria
26.8.2024
Tigran Gambaryan's family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria
OpenSea Accused of Theft, Negligence and Extortion by User Suing NFT Marketplace for $500,000
8.2.2023
OpenSea has a security and fraud problem and if one account holder on the NFT marketplace is right, it is negligent in protecting its customers and guilty of extortion.
As prominent NFT creator, collector and venture capitalist Kevin Rose would no doubt attest, theft in the NFT space is a serious...
Bankrupt Crypto Lender Voyager Plans to Settle CEO, CFO Negligence Claims Related to Three Arrows Loans
18.10.2022
An internal probe found that risky loans made to 3AC were based on minimal financial disclosures from the hedge fund
Ripple Settles Legal Dispute With Youtube Over XRP Giveaway Scams
11.3.2021
Ripple and Youtube had ended a legal battle initiated in April last year amid allegations related to crypto-related scams. The U.S. blockchain company sued the video platform for negligence in acting against crypto scams that impersonated Ripple. Terms of the Resolution Are Confidential During...
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
11.9.2020
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...
Veritaseum Accuses T-Mobile of Gross Negligence Over $8.6M SIM-Swap Hack
23.7.2020
Veritaseum alleges T-Mobile authorized no less than five SIM swaps, one of which brought the loss of $8.6 million in crypto
Coinbase Has to Face Negligence Lawsuit Over Launch of BCH
7.8.2019
As per the latest reports, Coinbase Inc. will have to face a lawsuit for negligence over the unveiling of Bitcoin Cash (BCH). According to the ruling by Vince Chhabria, United States District Judge of Northern District of California, the cryptocurrency exchange exhibited ‘incompetence born...
Coinbase Must Face Negligence Suit Over Bitcoin Cash Launch, Judge Rules
7.8.2019
Coinbase will have to face a negligence lawsuit from customers who bought bitcoin cash during the 2017 bull run, a judge ruled
Coinbase Hit with Bitcoin Cash Negligence Wrap, Kik Hits Back at SEC
7.8.2019
An American court has ruled that cryptocurrency exchange Coinbase will be charged with negligence for allegedly making a hash of the launch of the Bitcoin Cash (BCH) token.
Bloomberg reports that San Francisco District Judge Vince Chhabria described the launch as an “incompetence born of haste,”...