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Nalezeno "class-action": 207

FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims

18.2.2024
FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According...

NBA Faces Class Action Lawsuit Over Voyager Digital Promotion

9.2.2024
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor losses of over $4.2 billion. NBA Hit With Class...

Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit

20.12.2023
Source: Adobe / Ascannio Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team...

Former Lido Holder Files Lawsuit Against Lido DAO

18.12.2023
A former Lido holder has filed a class-action lawsuit against the Lido decentralized autonomous organization (DAO), a governing body that manages the liquid staking protocol, according to a recent court document. An unregistered securities claim Andrew Samuels filed the complaint on December 17th...

Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement

1.12.2023
The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance."

Terraform and Do Kwon’s Attempt to Dismiss Class-action Lawsuit Fails: Report

1.12.2023
Source: YouTube/Coinage Defunct blockchain protocol Terraform Labs is currently fighting legal challenges in Singapore and appears to be facing setbacks. According to a local news outlet, the creators of the algorithmic stablecoin TerraUST and its founder, Do Kwon, have had their efforts...

Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report

1.12.2023
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million

Soccer Superstar Cristiano Ronaldo Sued for Promoting Binance Crypto Exchange – Here’s the Latest

29.11.2023
Image Source: Pixabay Soccer superstar Cristiano Ronaldo is facing a proposed class-action lawsuit for promoting crypto exchange Binance. The lawsuit, filed on November 27 in a United States district court in Florida, asserts that Ronaldo played a role in the sale of unregistered securities...

Cristiano Ronaldo sued for promoting Binance, unregistered securities

29.11.2023
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange

FTX users name Mercedes F1 team and MLB in new promo lawsuits

28.11.2023
The group of FTX users is taking aim at Mercedes F1 and Major League Baseball for allegedly helping FTX commit fraud by promoting the crypto exchange on its platforms

Apple Faces Class Action Lawsuit Over Blocking P2P Payments for Crypto Apps

21.11.2023
Source: AdobeStock / BGStock72 Apple is facing a class-action lawsuit that alleges the tech giant has engaged in a conspiracy to limit peer-to-peer payment options on its devices and block the integration of crypto technology in iOS payment apps. The complaint, filed on November 17 in a California...

Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury

8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...

Google requests dismissal of AI data scraping class-action suit

18.10.2023
Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed

Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse

3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX. The lawsuit further accuses them of various violations of federal and California law related to unfair...

Class-action suit filed against Binance for alleged harm to FTX before its collapse

2.10.2023
A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange

Investors drop class-action lawsuit against Terraform Labs and Do Kwon

2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro

Silicon Valley Law Firm Fenwick & West Files to Dismiss FTX Class Action Lawsuit

22.9.2023
Fenwick & West, a renowned Silicon Valley law firm, has denied allegations that it played a role in facilitating a fraud allegedly committed by bankrupt crypto exchange FTX. The law firm has filed a motion to dismiss the lawsuit, claiming that its services provided to FTX were standard legal...