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Elon Musk Sparks Excitement and Speculation in Crypto Community with OpenAI Troll

7.3.2024
Elon Musk's critique of OpenAI, the company he co-founded, has sparked a legal dispute and mixed reactions within the cryptocurrency community. His call for a more open AI dialogue contrasts with OpenAI's funding and strategic decisions, leading to a complex discourse on AI's future direction. The...

Nintendo Emulator Settles Civil Dispute, Must Pay Millions

4.3.2024
Nintendo and the people behind the game emulator Yuzu have agreed to settle a lawsuit after a short civil dispute in district court over allegations that the software allowed folks to illegally download Tears of the Kingdom over one million times.Read more

Gemini announces a successful resolution of the Earn dispute

29.2.2024
Gemini recently announced reaching a settlement in principle with Genesis and related creditors. The platform released an official post to share the information with Earn users. The short post read that Gemini has concluded the Genesis Bankruptcy dispute. If a Bankruptcy Court approves it, every...

ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute

27.2.2024
Ethereum Name Service (ENS) developer has agreed to settle with Manifold Finance over the ownership of the eth.link domain. The post ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute appeared first on Cryptonews

Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute

10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...

Artists Ordered to Pay $9 Million in BAYC Copyright Dispute

6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...

DeFiance Capital Wins in Lawsuit Against Defunct Crypto Fund 3AC in Singapore

2.2.2024
The High Court of Singapore turned down plea from the now-defunct crypto hedge fund Three Arrows Capital (3AC) to dismiss DeFiance Capital’s lawsuit filed against the fund. In a recent hearing, Judge Chua Lee Ming gave greenlight to Defiance Capital in its $140 million dispute with 3AC. Further...

‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution

7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...

Judge Grants Summary Judgment for SEC in Landmark Crypto Case Against Terraform Labs

29.12.2023
In a definitive ruling, U.S. District Judge Jed Rakoff favored the Securities and Exchange Commission (SEC) in the multi-billion-dollar fraud case involving Terraform Labs and its founder, Do Kwon. Rakoff noted that the Howey test criteria were satisfied for a range of Terra-related assets...

Thunder Terminal Claims Security After $192,000 Exploit, Hacker Demands Ransom in Dispute

27.12.2023
Source: DALL·E Thunder Terminal has recently encountered an exploit. Despite the severity of the incident, the platform has assured users of the security of their funds. Yet the hacker claimed differently and demanded ransom. In a recent post published by the decentralized platform Thunder...

Grimace Community Triumphs: MEXC’s Multimillion-Dollar Capitulation

21.12.2023
PRESS RELEASE. On December 19, Grimace’s creator staged a New Year’s miracle live, gifting his followers millions of dollars. The MEXC exchange funded this entire giveaway, as they went against Grimace’s user base and listed the token on their futures market without approval....

This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation

4.12.2023
Source: DALL·E A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypto tax reporting and compliance on a fundamental level. The case in question, Moore...

Tether and Bitfinex Settle Dispute, Will Share Information Under FOIL Request – Here’s What You Need to Know

25.11.2023
Source: AdobeStock Tether and Bitfinex have agreed to settle their dispute regarding a Freedom of Information Law (FOIL) request filed by a group of journalists, including Zeke Faux from Bloomberg Businessweek. In a recent announcement, Tether hailed the move as a step towards greater transparency...

'We Are Prepared to Go to the Mat:' ENS Founder on Patent Dispute With Unstoppable

21.11.2023
ENS Founder Nick Johnson told CoinDesk he’s unhappy with Unstoppable Domains's patenting of work that he claims he produced and published earlier

Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute

7.11.2023
Source: Pexels A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds. Ver alleged that Matrixport...

Coinbase user agreement dispute reaches US Supreme Court

4.11.2023
The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses

SEC Seeks Summary Judgment in Do Kwon and Terraform Labs Case, Citing Lack of Material Dispute for Trial

3.11.2023
The U.S. Securities and Exchange Commission (SEC) has requested a federal judge for a summary judgment in its case against Do Kwon and Terraform Labs. The SEC has argued in its filing that there is “no genuine dispute as to any material fact” in their case against Do Kwon and Terraform...