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NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
17.4.2023
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global GmbH are also facing charges
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
17.4.2023
According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations...
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
17.4.2023
Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
11.4.2023
The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff
Nintendo Demands Discord Reveal The Zelda: Tears Of The Kingdom Leaker
10.4.2023
A massive The Legend of Zelda: Tears of the Kingdom artbook leaked in February, and Nintendo hasn’t forgotten. The Switch maker is currently trying to subpoena Discord, where images from the artbook first started making the rounds, to force the social media platform to disclose the identity of...
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
8.4.2023
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, with more than 200 employees. Behind the scenes, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim and the smell of cannabis permeated...
Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer
8.4.2023
An allegedly Bitcoin spoofing attack is behind the lawsuit between the companies that at one time considered merging
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
8.4.2023
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO
Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report
6.4.2023
The firms were cited anonymously in the CFTC's complaint describing Binance’s alleged facilitation of U.S. clients
XRP Price Prediction as XRP Inches Closer to $1 Breakout – Can XRP Hit a New All-Time High After Lawsuit Ends?
5.4.2023
XRP, the token that powers the XRP Ledger that was created by global payments-focused fintech company Ripple, remains in consolidation mode on Wednesday.
XRP/USD was last changing hands just to the north of the $0.50 level, broadly flat on the session....
Read More: XRP Price Prediction as...
Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future
5.4.2023
As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed...
Monster Energy Keeps Pushing Devs To Change Their Game Titles
4.4.2023
Monster Energy, the energy drink company that puts artificially-flavored gloop in cans next to gaming setups worldwide, is pushing an indie studio to change the name of its game. Glowstick Entertainment’s 2020 horror title, Dark Deception: Monsters & Mortals is apparently “confusingly similar...
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
4.4.2023
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?
Binance Market Share Hits Lowest Since November After CFTC Lawsuit, End of Zero-Fee Trading
4.4.2023
It fell to 54%. In the U.S., Coinbase lost business while Binance.US saw a big jump
Binance’s market share drops on CFTC suit and no-fee trading halt: Report
4.4.2023
Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko
Twitter Changes Bird Logo to Picture of Doge, Dogecoin Price Surges 23% After the Change
3.4.2023
On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter Bird Logo Changes to Doge Twitter has updated...
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
3.4.2023
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors