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Binance Wins Day in Court, US Judge Dismisses Lawsuit
1.4.2022
Major crypto exchange Binance won a battle in court on Thursday.
A federal judge in the USA dismissed a lawsuit accusing the exchange giant of violating US securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer, Reuters reported.
The judge said...
Binance wins dismissal of class action over 2018 tokens that tanked
1.4.2022
The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”
Fortnite's Getting Sued By Dance Choreographer Who's Worked With Bieber, Britney
30.3.2022
On March 29, lawyers representing choreographer Kyle Hanagami sued Epic Games for copyright infringement over the “It’s Complicated” dance emote in Fortnite. The in-game emote begins with movements which Hanagami’s lawyers allege are lifted from copyrighted dance moves created by the choreographer....
Grayscale Would Consider APA Lawsuit if SEC Rejects its Bitcoin ETF Conversion Application, Says CEO
29.3.2022
The US-based major cryptoasset management firm Grayscale CEO Michael Sonnenshein has suggested that the fund manager may take legal actions against the US Securities and Exchange Commission (SEC) if the agency rejects the former's bid to convert its Bitcoin (BTC) trust into an exchange-traded...
Activision Blizzard Settles Sexual Harassment Lawsuit For $18 Million
29.3.2022
U.S. District Judge Dale Fischer approved a $18 million relief settlement with the Equal Employment Opportunity Commission today. This settlement comes months after Activision Blizzard originally agreed to settle with the EEOC on September 27, 2021. But those attempting to hold the game publisher...
Destiny 2 Maker Blasts YouTube's Takedown System In Wild Lawsuit
28.3.2022
Earlier this month, a bunch of Destiny 2 YouTube videos, including some by high profile content makers and even Bungie themselves, were hit by rogue copyright takedown notices generated by fake Google accounts. Bungie is now trying to sue the people responsible, and has called out YouTube...
New Activision Blizzard Lawsuit Alleges Sexual Harassment, Retaliation Endured By Woman For Years
24.3.2022
A new lawsuit against Call of Duty publisher Activision Blizzard by a current employee raises fresh allegations of sexual harassment at the publisher, this time focused on leaders in Blizzard’s IT department. According to the lawsuit, the current employee was repeatedly subjected to unwanted...
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator
20.3.2022
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent Australian public figures.” The regulator said, “The essence of our case is that Meta is responsible for these...
Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu
20.3.2022
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered...
$500,000 NFT Lawsuit Over Pepe The Frog's Butt Is A Very Funny Story
17.3.2022
Late last year, Pepe the Frog creator Matt Furie decided to run an NFT auction, selling off an image of the controversial character in which it was waist-deep in a pool, its asscrack peeping over the surface. Everything that has happened since is exactly how you would imagine such an auction in...
US Tax Agency Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund, Demanded Trial
3.3.2022
Call Of Duty Execs Accused Of Using Microsoft Deal To Line Their Own Pockets
26.2.2022
Two Activision Blizzard shareholders have filed lawsuits against the Call of Duty publisher for making allegedly inadequate disclosures in its recent filings with the SEC about its deal to sell to Microsoft for $68.7 billion. The investors further alleged that big payouts for CEO Bobby Kotick...
Former SEC official predicts regulator 'will lose on the merits' of case against Ripple
23.2.2022
Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple
SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others
20.2.2022
The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions
Bobby Kotick's Police Records Subpoenaed As Harassment Investigations Ramp Up
18.2.2022
The Wall Street Journal is reporting that, following the company’s recent sale to Microsoft, efforts to pursue Activision Blizzard—and its embattled CEO Bobby Kotick—have escalated at both the state and federal level.Read more
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one
10.2.2022
ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
7.2.2022
Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,”...
NFT battles: Nike takes seller of unlicensed NFT sneakers to the court
4.2.2022
StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
27.1.2022
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had...