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Disney War Continues As CEO Punches Back At Florida Gov. DeSantis
11.5.2023
Disney CEO Bob Iger verbally pushed back against Florida Governor Ron DeSantis and his ongoing war against Disney World and the company, pointing out all the taxes his corporation pays the state and rhetorically asking if Florida still wants its business and all the money that entails. Read more
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
10.5.2023
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing...
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
8.5.2023
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
4.5.2023
Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
Crypto influencer named in FTX lawsuit served via tweet
3.5.2023
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit
Ava Labs founder awarded $3M in crypto defamation suit
2.5.2023
Emin Gün Sirer, the founder and CEO of Ava Labs, has been awarded millions in damages after an influencer publicly accused him of being part of a Turkish terrorist group in 2021
Coinbase faces suit over alleged privacy violations in biometrics collection
2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
1.5.2023
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation...
Bungie Wins $12 Million In Destiny 2 Anti-Cheat Lawsuit
28.4.2023
As Bungie continues on its warpath against Destiny 2 cheaters, the studio has won $12 million in the lawsuit against Romanian cheat seller Mihai Claudiu-Florentin that began back in 2021.Read more
Disney Lawyers Are Done Playing, Sue Florida Gov. DeSantis
26.4.2023
The ongoing war between Florida Governor Ron DeSantis and Disney is heading to court. Today, Disney and its army of lawyers filed a lawsuit against DeSantis and others over what it calls a “targeted campaign of government retaliation.” It’s the latest chapter in an ongoing war between the two. Read...
Cathie Wood's ARK Invest Buys $8.7 Million in Coinbase Stock, Files Third Bitcoin ETF Application Amid SEC Lawsuit
26.4.2023
Technology investor Cathie Wood’s fund ARK Invest has bought Coinbase stocks for $8.7 million, while filing yet another application to list a bitcoin-backed exchange-traded fund (ETF).
ARK’s latest purchase of Coinbase stock was made through the ARK Innovation ETF, ARK Next Generation Internet...
XRP Price Prediction as $1 Billion Trading Volume Rushes In Before Lawsuit Conclusion – Are Whales Buying?
26.4.2023
The XRP price has risen by 3.5% in the past 24 hours, reaching $0.473395 as the cryptocurrency market as a whole gains by 4%.
XRP's current price means that the altcoin has dropped by 10% in a week but is up by 5% in a month and by 39% since the start of the year, with its 24-hour trading volume...
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
25.4.2023
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...