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UK tribunal starts hearing $9B BSV delisting case
5.6.2024
According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities
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...
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
4.6.2024
The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case
SEC Ethereum ETF decision unlikely driven by politics: Bernstein
4.6.2024
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle
Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs
4.6.2024
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital...
Robinhood nears settlement on GameStop, meme stocks suit
30.5.2024
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
28.5.2024
The hostile offer comes after a private offer to the board was rejected in April
Ripple in limbo: ETF dreams clouded by SEC lawsuit
28.5.2024
Ripple is surrounded by two crucial factors – a legal battle with the US SEC and hopes for ETF approval. Both are linked to each other, except ETFs could take more inspiration if the dispute with the Commission settles at the earliest. Ripple anticipates increased interest in its product...
Ronaldo’s new NFT collection with Binance defies $1B lawsuit
27.5.2024
Cristiano Ronaldo, the iconic Portuguese football superstar, has launched his fourth NFT collection in collaboration with Binance, the world’s leading cryptocurrency exchange. This new collection features exclusive digital art pieces that celebrate Ronaldo’s illustrious career...
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
27.5.2024
The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo encouraged his followers who are eager to relive the...
Cristiano Ronaldo unveils 4th NFT collection with Binance despite $1B lawsuit
26.5.2024
The collection will launch on 29 May with fixed pricing across most items
BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court
25.5.2024
The Delaware Supreme Court has ruled in favor of BitGo by overturning a lower court's dismissal of the company's $100 million lawsuit against Galaxy Digital.
The post BitGo’s $100M Suit Against Galaxy Gets Green Light from Delaware Supreme Court appeared first on Cryptonews
Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation
25.5.2024
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive...
BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court
25.5.2024
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.”
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
24.5.2024
The CatCoin team urged BitForex to respond to their grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further
SEC wins case against YouTuber Ian Balina for unregistered crypto ICO promo
24.5.2024
A U.S. federal judge sided with the SEC, finding that Ian Balina broke securities laws by participating in a 2018 crypto token ICO
Rabbit AI’s alleged NFT scam, Dolce & Gabbana’s class-action lawsuit: Nifty Newsletter
22.5.2024
Fashion brand Dolce & Gabbana faces a class-action lawsuit over an alleged late delivery of its NFTs
Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments
22.5.2024
Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter.
The post Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments appeared first on Cryptonews
Apple disputes monopoly claims, cites 'fierce competition' in court
22.5.2024
Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value
18.5.2024
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges...