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'AI Art' Companies & DeviantArt Are Being Sued By Artists
15.1.2023
Stability AI and Midjourney—two of the biggest names in the exploding field of AI-generated imagery—and portfolio site DeviantArt have become the target of a class action lawsuit, filed in California on behalf of artists.Read more
Justin Roiland’s High On Life Studio Was Previously Sued For Sexual Harassment
13.1.2023
A former employee sued Justin Roiland’s Squanch Games, maker of the recent Xbox Game Pass hit High On Life, back in 2018 over alleged sexual harassment, discriminaton, and wrongful termination. According to court documents, the studio denied the claims but later settled, and the lawsuit, while...
SEC Charges Genesis and Gemini — Winklevoss Says Regulator’s Lawsuit Is ‘Super Lame’
13.1.2023
The U.S. Securities and Exchange Commission (SEC) has charged crypto exchange Gemini and crypto lender Genesis Global Capital, a subsidiary of Digital Currency Group (DCG). “Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from...
Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria
12.1.2023
According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into Nexo is a large-scale operation involving...
Ripple (XRP) lawsuit nears favorable conclusion; analysts say Ethereum (ETH) & Orbeon Protocol (ORBN) are set to surge
12.1.2023
The court case between Ripple Labs and the US Securities and Exchange Commission (SEC) may soon end, impacting the whole cryptocurrency industry positively if it ends in Ripple’s favor. Although Ethereum will encounter heavy resistance, it will pass the $4,000 price region at the end of this year...
CFTC Calls for Default Judgement Against Ooki DAO in Ongoing Lawsuit
12.1.2023
A judge ruled last month that the agency had properly served the DAO after two token holders were served with the lawsuit
Ooki DAO misses lawsuit response deadline, default judgment on the cards
12.1.2023
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline
US Investors Drop Terraform Labs Lawsuit
11.1.2023
The American investment firm Albright Capital has pulled out of a class action lawsuit against Terraform Labs, the firm behind the Terra protocol and the Terra Luna Classic (LUNC) coin.
Per court documents, Albright – along with its fellow claimants, the legal firms Scott & Scott and Bragar Eagel...
Albright Capital drops lawsuit against Terraform Labs and Do Kwon
10.1.2023
Terraform Labs is the founder of US Dollar Terra (UST), an algorithmic stablecoin that lost its peg in May 2022
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation
10.1.2023
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct crypto hedge fund Three Arrows Capital (3AC),...
Logan Paul Drops Threat of Lawsuit Against Coffeezilla But Will Alleged Victims Get Money Back?
10.1.2023
Popular influencer and professional wrestler Logan Paul has dropped his threat of a lawsuit of YouTube journalist Coffeezilla after being accused of running a crypto investment scam.
“Hey all, just wanted to update you. I deleted my initial response to Coffee's series. It was rash and misaligned...
Mark Cuban to face questioning under oath over promotion of Voyager
10.1.2023
U.S. Magistrate Judge Lisette M. Reid rejected Cuban’s application to delay the deposition, and outlined that his full deposition will be taken on Feb. 2 in Dallas, Texas
Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes
9.1.2023
Logan Paul has deleted his response video aimed at Coffeezilla and has apologized in a surprise u-turn
Oops: Microsoft Called FTC Unconstitutional, Regrets The Error
6.1.2023
Today, Microsoft filed a revised response to the United States Federal Trade Commission’s lawsuit intended to stop the tech giant from buying up Call of Duty publisher Activision. The initial filing contained multiple arguments claiming the FTC itself and its court system were unconstitutional....
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
5.1.2023
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers,...
NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ 'dire financial condition'
5.1.2023
Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition to investors
LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges
5.1.2023
A class action is seeking damages from the password manager following a data breach in August 2022
Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm
3.1.2023
The mining services broker won a June case against Dynamics Mining
Australian company faces a lawsuit from Pokemon for NFT collection
30.12.2022
A legal battle has erupted between Pokemon Company International and Pokemon Pty Ltd over trademark infringement by the Australian company for its NFT collection game, which is based on the original version. Kotiota Studios recently launched a play-to-earn game that is said to be inspired by...
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
28.12.2022
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather...