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SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
28.8.2022
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned...
Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review
21.8.2022
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other...
Billionaire Mark Cuban Sued for Allegedly Promoting a Massive Crypto ‘Ponzi Scheme’
14.8.2022
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digital’s crypto products. The plaintiffs claim that Voyager was “a massive Ponzi scheme” and Cuban “duped millions of Americans into...
Dave Portnoy's SafeMoon position is down 94%, claims he's being sued by project
8.8.2022
The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since
Destiny 2 Troll Gets Sued As Studio Opens Up About Impact Of Toxicity
18.7.2022
Bungie is taking a Destiny 2 troll to court. The freshly minted PlayStation studio filed a lawsuit last Friday accusing one of the loot shooter’s players of serially cheating and harassing its developers. The complaint comes as toxic elements within the Destiny fanbase have led Bungie to be more...
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...
Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks
26.6.2022
The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started...
Terraform Labs, Founder, Backers Sued on Claims That Investors Were Misled
18.6.2022
Musk, SpaceX, Tesla Sued for Alleged DOGE Pyramid Scheme
17.6.2022
Popular investor and business magnate Elon Musk, along with SpaceX and Tesla, were recently sued on Thursday for $258 billion by a DOGE investor, Keith Johnson. He accused Musk of running a pyramid scheme to back Dogecoin. The complaint was filed in Manhattan’s federal court, where plaintiff...
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
7.6.2022
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...
U.S. Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
2.6.2022
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being sued for it
Sony Is Being Sued For Gender Discrimination At PlayStation Again
23.5.2022
A former PlayStation employee is suing parent company Sony for a second time over what the lawsuit describes as “gender-based discrimination and gender-based harassment” after a similar legal action was dismissed in April. (h/t Axios)Read more
Coinbase Sued Over Collapsed Stablecoin, but It's Not UST (Yet)
13.5.2022
At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses....
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Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
4.4.2022
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency...
Fortnite's Getting Sued By Dance Choreographer Who's Worked With Bieber, Britney
30.3.2022
On March 29, lawyers representing choreographer Kyle Hanagami sued Epic Games for copyright infringement over the “It’s Complicated” dance emote in Fortnite. The in-game emote begins with movements which Hanagami’s lawyers allege are lifted from copyrighted dance moves created by the choreographer....
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator
20.3.2022
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent Australian public figures.” The regulator said, “The essence of our case is that Meta is responsible for these...
Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu
20.3.2022
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered...
Facebook Owner Meta Sued by Australian Consumer Watchdog for Scam Crypto Ads
18.3.2022
Australian Competition and Consumer Commission says Meta linked fake media articles to unknowing celebrities