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Detroit Dev Quantic Dreams Wins Lawsuit Without Actually Disproving Misconduct Allegations
21.9.2021
Quantic Dream, creators of “so bad, they’re bad” games like Heavy Rain and Detroit: Become Human, recently brought libel action against two French newspapers which had jointly published allegations of misconduct against individuals at the company back in 2018. Now the court has ruled both for...
Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
21.9.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend...
Blizzard's Chief Legal Officer Quits Amid Lawsuit
21.9.2021
Blizzard Entertainment’s chief legal officer, Claire Hart, has resigned from the embattled company. She announced the news in a LinkedIn post yesterday, saying that last Friday, September 17, was her final day.Read more
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
20.9.2021
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S....
Ripple Has No Plans to Settle With SEC Over XRP, Confident Gensler Will Drop the Lawsuit
20.9.2021
Amid the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), Ripple’s legal team reportedly said that they have no plans to settle with the securities watchdog. They are confident that SEC Chairman Gary Gensler will be convinced that pursuing the case is picking winners...
AT&T Sued by Customer After Security Breach Led to Theft of Cryptocurrency
19.9.2021
An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto...
NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
15.9.2021
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General...
Epic Wins Big Fortnite Lawsuit Against Apple
10.9.2021
Today a U.S. District Court judge ruled in Epic Games’ favor in its lawsuit against Apple. As a result, Apple can no longer dictate that purchases made in apps on its own devices go through the App Store. Apple had previously collected 30% of the revenue for purchases made in Epic Games’...
‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor
9.9.2021
A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The regulator is already in an ongoing lawsuit with Ripple...
Binance lawsuit: Claimants mount up in arbitration for decentralization
27.8.2021
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date
Blizzard Is Changing McCree's Name In Overwatch Amid Lawsuit
26.8.2021
Blizzard announced today on Twitter that it will be renaming Jesse McCree and delaying the start of Overwatch’s next story arc. The change comes after the real-life developer the cowboy character was named after was let go from the company during the course of the ongoing fallout around...
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit
18.8.2021
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against...
Alex Saunders sued for $350K by Nuggets News follower
12.8.2021
“When he told me he had temporary liquidity issues in May, I was glad to help with a short-term loan, but couldn’t get any of my money back since then. Hopefully I can get repaid,” said the plaintiff
Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them
11.8.2021
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens
Nintendo Lawsuit Forces Japanese Dev To Cough Up $30 Million
4.8.2021
In December 2017, Nintendo sued Japanese developer Colopl over patent infringements in the free-to-play mobile game Shironeko Project. According to an official statement, Colopl has agreed to pay Nintendo 3.3 billion yen ($30 million).Read more
Blizzard’s Top HR Guy Out Following Lawsuit And Widespread Criticism
4.8.2021
Another top manager at Blizzard Entertainment has left in the wake of a California lawsuit alleging widespread sexual harassment and discrimination at parent company Activision Blizzard. Following the news that Blizzard president J. Allen Brack stepped down earlier today to “pursue...
Activistion Blizzard Faces Second Lawsuit Over First Lawsuit
3.8.2021
A class action lawsuit filed today in the U.S. District Court of Central California on behalf of investors alleges that Activision Blizzard’s intentional failure to disclose its ongoing problems with sexual harassment and discrimination artificially inflated the company’s stock value. In layman’s...
Activision Blizzard Is Losing Overwatch Sponsors After Lawsuit
3.8.2021
In the wake of a lawsuit detailing a sickening culture of harassment at Activision Blizzard, the Overwatch and Call of Duty publisher is starting to bleed sponsorships. As spotted by the esports site Dexerto, T-Mobile has apparently pulled support for the professional leagues of both games.Read more
Brad Garlinghouse's lawyers file request for Binance documents in 'international' challenge to SEC lawsuit
2.8.2021
"The offers and sales that the SEC challenges did not occur in this country and are not subject to the law that the SEC has invoked in this case," said the legal team
Everything That Has Happened Since The Activision Blizzard Lawsuit Was Filed
31.7.2021
The ongoing lawsuit against Activision Blizzard has made public some truly terrible and horrendous behavior that occurred across multiple studios and offices. Many women were allegedly sexually harassed, assaulted, and psychologically traumatized while the folks in power at the companies involved...