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Crypto Market Unimpressed by Tether Lawsuit


The crypto market once again showed that it can ignore negative news about Tether (USDT), the most popular stablecoin, and that it seemingly agrees this coin is still worth one U.S. dollar. While the recent lawsuit against Bitfinex and Tether was expected by the two companies, the market seems...

Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams


Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based...

Ripple Asks for Dismissal of XRP Lawsuit; Repeats XRP isn’t a Security


Ripple, a California-based crypto startup focusing on the banking sector, stands firm in its claim that XRP , the third largest digital token by market capitalization, is not a security and wants the federal court to dismiss a class action lawsuit according to which the company illegally sold...

Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit


Craig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to...

Craig Wright Plans to Challenge Court in $10 Billion Lawsuit


Only on August 27th, the year-long lawsuit over an alleged $10 billion Bitcoin fortune did seem to come to an end, finally. In a dispute that had been raised in 2018, between the self-proclaimed inventor of Bitcoin (BTC), Craig Wright, and Kleiman Estate, representatives of the deceased computer...

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