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SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales
28.8.2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M...
Charles Hoskinson Asserts Cardano Will Surpass All: Envisioning ADA as the Leading Global Cryptocurrency
28.8.2023
During the Rare Evo blockchain and cryptocurrency convention, Cardano’s founder Charles Hoskinson expressed his conviction that ADA will eventually become the “biggest cryptocurrency in the world.” Simultaneously, ADA’s value has plummeted 15.2% against the U.S. dollar...
Atomic Wallet Investors Files Lawsuit For “Non Disclosure” Following $100 Million Hack
23.8.2023
A number of Atomic Wallet investors have filed a class action lawsuit against the company over its failure to disclose information about the hack which resulted in $100 million.
According to a report by German BNE IntelliNews on Aug. 21, the plaintiffs make up high network individuals from Russia...
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
23.8.2023
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn't share any information about the hack with clients, and didn't report it to the police
SEC-Ripple lawsuit cost XRP 3 years of adoption: Lawyer
22.8.2023
Crypto lawyer John Deaton cited several instances where major crypto players like Coinbase reached out to the SEC for regulatory clarification before listing XRP, but didn’t face any objection
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...
Crypto Exchange Gemini Requests Federal Judge to Dismiss SEC Lawsuit
21.8.2023
The Winklevoss twins' crypto exchange Gemini has filed a response to the US Securities and Exchange Commission (SEC) lawsuit, seeking the dismissal of allegations over unregistered securities.
The embattled crypto exchange wrote in a filing, documented in the U.S. District Court for the Southern...
Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit
20.8.2023
Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security failures
Gemini files brief in lawsuit against SEC, requests to keep it simple
20.8.2023
In a recent court filing, Gemini continues to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments
Popular Online Game Accused Of Profiting Off Of Child Gambling
18.8.2023
Roblox has long been accused of not doing enough to make sure its massively popular gaming platform is free of toxicity and exploitation. Now parents are joining together in a class-action lawsuit to take the $17 billion company to court over allegations that it gets children into online gambling...
Bitget and crypto influencer embroiled in legal saga after ReelStar token listing fiasco
18.8.2023
Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens
Coinbase-Funded Tornado Cash Lawsuit Against Treasury Department Ends In Defeat
18.8.2023
A federal judge in Texas has ruled in favor of the United States Department of the Treasury, delivering a blow to a group of crypto investors and developers who filed a lawsuit to revoke the sanctions placed on Tornado Cash, a cryptocurrency mixing service designed to enhance transaction...
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
17.8.2023
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
17.8.2023
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service
“Opportunistic and Baseless” - Yuga Labs and Sotheby’s Respond To Amended Lawsuit From Bored Ape Investors
17.8.2023
Auction House Sotheby’s has responded to the new allegations leveled against it by Bored Ape investors describing it as opportunistic and simply without merit.
The statement comes as the auction house was named in the class action suit against YugaLabs the creators of Bored Ape Yacht Club...
Sotheby's and Yuga Labs respond to lawsuit from Bored Ape investors
17.8.2023
Art broker Sotheby's has been named in the Bored Ape investors case against NFT company Yuga Labs, which said that the new allegations are without merit and described the complaint as "opportunistic."
BitGo raises $100M after losing lawsuit against Galaxy
16.8.2023
BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said
Binance US Seeks Protective Order Against Renewed SEC Probe
15.8.2023
Binance US, the United States entity of digital asset exchange, Binance has filed a motion to limit the extent of discovery sought by the Securities and Exchange Commission (SEC) in its investigation against the company. ...
Read More: Binance US Seeks Protective Order Against Renewed SEC Probe
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
15.8.2023
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants
Binance seeks protective order against SEC’s ‘fishing expedition’
15.8.2023
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance