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Nvidia Disguised $1B in ‘Fickle’ Crypto Mining Sales as Gaming Revenue, Lawsuit Claims
19.5.2020
An amended lawsuit accuses the chip maker of concealing $1 billion in graphics processing unit sales to crypto miners to downplay risk to long-term profits
Ripple CEO’s Public Statements About XRP Token Under Fire in Class-Action Lawsuit
28.3.2020
Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins...
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
27.2.2020
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with...
Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
17.1.2020
Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market have been combined in federal court, with the stablecoin issuer promising to fight the claims
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting
5.12.2019
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing
What’s Next in the Securities Case Against Ripple Over XRP
4.11.2019
Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said
Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
9.10.2019
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them...
Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed
28.8.2019
It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses —...