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Bitget takes legal action on alleged VOXEL futures price manipulation


Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futures contracts tied to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and...

Bitget takes legal action on alleged VOXEL futures price manipulation


Crypto exchange Bitget says it is issuing legal letters to account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token.Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million...

$198M Crypto Mirage? SEC Targets AI Trading Kingpin in Global Ponzi Uprising


A $198 million crypto fraud empire disguised as AI trading has been unraveled, exposing a luxury-fueled Ponzi scheme that spanned the globe. AI Autotrader or Smoke and Mirrors? The SEC Exposes What PGI Really Was The U.S. Securities and Exchange Commission (SEC) announced on April 22 that it...

XRP Among 31 Crypto Tokens Declared Securities in New Coinbase Lawsuit


Oregon’s explosive legal assault on Coinbase reignites the regulatory war on crypto, slamming XRP and 30 other crypto tokens as unregistered securities in a sweeping and unprecedented state lawsuit. Coinbase Faces New Lawsuit Over XRP and 30 Other Cryptos Regulators in Oregon have intensified their...

Gibraltar court ends 2-month freeze of 542M PLAY tokens amid legal dispute


The Supreme Court of Gibraltar has reversed its decision to freeze 542 million PLAY tokens in a court battle between two companies tied to the Web3 game-creation platform PLAY Network.In an April 17 judgment, Gibraltar Supreme Court Judge John Restano undid his earlier February freeze of...

SEC Folded, XRP Won—But Oregon Still Hits Coinbase With Crypto Lawsuit


SEC’s retreat and XRP’s legal triumph are sidelined as Oregon charges ahead with a new lawsuit against Coinbase, intensifying the war over crypto regulation. Coinbase Says Oregon Ignores SEC Losses, XRP Victory in Crypto Lawsuit Legal tensions surrounding crypto exchange Coinbase have reignited...

Santander Bank Not Liable for Customer’s $750K Crypto Loss, Court Confirms


A $750,000 crypto fraud lawsuit just hit a wall as the court ruled Santander had zero legal duty to stop authorized transactions, despite scam claims. Court Shuts Down $750K Crypto Lawsuit Against Santander Over Fraud Losses The Massachusetts Appeals Court, in an unpublished decision, affirmed...

Coinbase Clashes With Oregon in Surprise Crypto Lawsuit After SEC Exit


Coinbase is going on the offensive as Oregon revives a discredited crypto crackdown, slamming the state’s lawsuit as politically driven and dead-on-arrival in court. Coinbase Rips Into Oregon for Rehashing SEC’s Collapsed Crypto Regulation-by-Enforcement Crypto exchange Coinbase revealed on April...

Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison


The Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified as the main operator of Braiscompany, a Brazilian crypto scheme that raised over $100 million from nearly 20,000 investors. Brazilian Crypto Ponzi Scheme Operators...

$2.5M Crypto Scheme Busted: Nigerian Suspect Tracked to US Custody


A globe-spanning crypto romance scam that funneled $2.5 million through digital wallets has unraveled, exposing a mastermind now staring down 40 years behind bars. Feds Hunt Down Suspect in $2.5M Crypto Scam—Now He Faces 40 Years in Prison The U.S. Department of Justice (DOJ) announced on April...

Helium Cleared: SEC Dismisses Unregistered Securities Claims


The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange...

Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion


Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle...

Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil


In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. National High Court of Brazil Establishes...

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