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Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing
25.7.2021
A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false...
The Activision Blizzard Lawsuit Fallout Is What Women Have Been Saying All Along
23.7.2021
A bombshell lawsuit filed against Activision Blizzard by California regulators has once again forced the gaming world to publicly reckon with longstanding issues around its exploitation and mistreatment of women. It’s not the first time, and it won’t be the last. But developers, advocates,...
Coinbase and top execs face securities class action over Nasdaq listing
23.7.2021
Alongside Coinbase itself, the class action names CEO Brian Armstrong, CLO Paul Grewal, other top executives and several of its venture capital backers as defendants
Blizzard Harasser From Lawsuit Is Still All Over World of Warcraft, Fans Dismay
22.7.2021
Yesterday, the California Department of Fair Employment and Housing filed a lawsuit against Activision Blizzard over the company’s allegedly pervasive culture of sexual harasment and discrimination.Read more
Judge scolds BitMEX lawsuit plaintiffs for offering him crypto ‘basics’ lessons
14.7.2021
The judge urged the plaintiffs to “focus on the task at hand — convincing me that they have stated a plausible claim.”
SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme
12.7.2021
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the name change that gave the company a price boost. The other two individuals were tipped and took advantage...
NCLA Files Appeal Against the IRS — Law Firm Claims Tax Agency Unlawfully Seizes Crypto Data of Thousands
10.7.2021
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service...
Class action lawsuit against Binance targets exchange's futures trading
6.7.2021
The investors in the class action suit allege they lost "tens of millions" of dollars due to not being able to manage their positions and view their balances during peak trading hours
Korean Crypto Exchanges Consider Suing Government Over Banking Requirements
30.6.2021
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...
South African asset manager denies stealing billions from users, claims $5M was lost in hack
29.6.2021
AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.”
Games Writer Chris Avellone Files Libel Lawsuit, Denies Sexual Misconduct Accusations
28.6.2021
Famous games writer Chris Avellone, whose credits include Planescape: Torment and Fallout: New Vegas, broke his silence on sexual misconduct allegations made against him in 2020. In a series of blog posts on Medium, the game developer also revealed that he recently filed a libel lawsuit...
Booker T. Loses Lawsuit Against Activision Over Call Of Duty Character
26.6.2021
Pro wrestler Booker T. Huffman has lost his lawsuit against publisher Activision over the Call of Duty: Black Ops 4 character Prophet. Huffman had argued the in-game character looked very, very similar to G.I. Bro, a character from his early wrestling days. However, a jury disagreed.Read more
Rapper The Game facing $12M judgment along with execs in ICO case
25.6.2021
The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering
Judge rejects class certification in $400M Mt Gox fraud lawsuit
24.6.2021
The move awards another victory to former Mt. Gox CEO Mark Karpeles
Judge blocks sale of Jay-Z's first album and its copyright as an NFT
23.6.2021
Damon Dash has slammed the complaint against him from Roc-A-Fella Records, stating that he never minted an NFT and was only attempting to sell his stake in the company
Fireblocks faces lawsuit over deleted keys to $72M Ether wallet
23.6.2021
The crypto-custody firm claims that it was the client’s responsibility to back up the private keys
Salvadoran Representative Introduces Lawsuit Against the Bitcoin Tender Law for Being Unconstitutional
22.6.2021
Jaime Guevara, a Salvadoran representative, presented a lawsuit against the recently approved bitcoin tender law today. Guevara alleges the law is unconstitutional and brings a series of changes that will cause problems for Salvadorans. Some people suspect Bukele’s regime is behind...
Ledger Customers Are Being Mailed Fake Wallets to Steal Their Private Seeds
19.6.2021
Ledger customers are receiving fake wallets by mail to steal their cryptocurrency. A user in Reddit reported receiving a suspicious package that claimed to be mailed by Ledger. The package included a letter stating the user needed to substitute the current wallet for safety reasons. Ledger has been...
Block.one free to focus on $10B crypto business after lawsuit settlements
14.6.2021
With legal troubles seemingly behind the company, Block.one could set its sights on finally making a significant dent in the crypto and blockchain space
Alleged $3.6B crypto Ponzi's 'victims' still believe the exchange is legit
10.6.2021
Some of those caught up in an alleged $3.6 billion crypto Ponzi scheme are refusing to aid police investigations as they still expect to triple their investments