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US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded
7.10.2024
Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case
Coinbase urges court to reconsider appeal, cites SEC vs Ripple
5.10.2024
The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities
Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors
5.10.2024
Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being...
Ripple SEC Lawsuit: Lawyer Sees 70% Chances of Win for XRP
4.10.2024
Fred Rispoli, a lawyer supportive of XRP and Ripple, discussed the SEC’s decision to appeal the Ripple case…
Crypto startup accuses SEC of ‘massive regulatory land grab’
4.10.2024
Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.
SEC files appeal in Ripple lawsuit
2.10.2024
The Securities and Exchange Commission first filed the lawsuit against Ripple Labs and both its founders in December 2020
Court revives 2020 AT&T case over $24M crypto theft via SIM swap
2.10.2024
Cryptocurrency stolen in a SIM swap may lead to a precedent-setting decision on phone company responsibility.
Proton says Swan Bitcoin lawsuit is ‘fatally flawed,' seeks dismissal
2.10.2024
The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.”
Judge axes class action claiming Iris Energy misled investors during IPO
1.10.2024
Iris Energy went public in late 2021, raising $232 million from an IPO, but its stock price fell quickly not long after, along with the rest of the crypto market
UK Gambling Commission charges Sorare for unlicensed facilities
27.9.2024
The French website offers NFTs for fantasy sports team competitions and as collectibles.
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
OpenAI’s move to for-profit: Is it indeed ‘illegal’?
27.9.2024
OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process
SEC scores partial win against blockchain firm Opporty over $600K ICO
27.9.2024
A federal judge partially sided with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in their 2018 ICO
Terror victims claim DOJ withholding their cut of $4.3B Binance penalty
26.9.2024
Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn't put the billions from Binance's settlement into a victim fund
Palworld Out Now On PS5 Days After The 'Pokémon With Guns' Survival Game Gets Sued By Nintendo
25.9.2024
Who’s ready to capture some Pokémon-looking creatures and force them into labor camps to manufacture assault rifles? As announced in the new State of Play, PlayStation 5 players can now join in the Palworld fun with a port out on Sony’s platform just a week after maker Pocketpair was sued...
DOJ sues Visa over alleged payments monopoly
24.9.2024
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market.
DOJ sues Visa over alleged payments monopoly
24.9.2024
The lawsuit alleges that Visa purposely made it difficult for competitors to participate in the payments market
Court questions SEC’s ‘vacuous’ denial of Coinbase rulemaking petition
24.9.2024
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities
OpenSea users claim NFTs are securities in proposed class suit
23.9.2024
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities
Texas Court Dismisses Consensys’ Lawsuit Against SEC Over Ethereum Investigation
22.9.2024
In a recent decision, a Texas court dismissed Consensys’ lawsuit against the U.S. Securities and Exchange Commission (SEC), which was filed in April 2024 to protect the Ethereum ecosystem from regulatory overreach. The court’s dismissal was based on procedural grounds, without addressing the merits...