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Wells Fargo to pay $1B on shareholders lawsuit settlement
18.5.2023
A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the SEC
XRP Price Prediction as Lawsuit Conclusion Approaches – Can XRP Hit $10 in 2023?
15.5.2023
XRP, the cryptocurrency that powers the global payments-focused decentralized layer-1 blockchain protocol the XRP Ledger that was created by US fintech company Ripple, continues to consolidate just to the north of its 200-Day Moving Average, having found robust support above this key level last...
Alleged TerraUSD Price Manipulation Results in $1.3B Lawsuit Against Jump Trading
14.5.2023
Jump Trading has been sued for conspiring to manipulate the price of TerraUSD (UST) following the stablecoin’s unprecedented collapse.
New Jersey-based resident Taewoo Kim has filed the lawsuit on behalf of affected investors, alleging that Jump Trading acquired substantial quantities of UST...
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
14.5.2023
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty
Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD
13.5.2023
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
12.5.2023
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms
Former FTX Executive Is Cooperating in a Lawsuit Against Shaquille O’Neal, Tom Brady and Other Celebrities
12.5.2023
A class action lawsuit against big-name celebrities who promoted bankrupt FTX including Shaquille O’Neal, Tom Brady and Naomi Osaka has garnered cooperation from a former executive, according to a recent court filing.
Former FTX Chief Compliance Officer Daniel Friedberg provided evidence tying...
Lawsuit against FTX celebrity promoters gets backup from former exec
12.5.2023
Daniel Friedberg, the former top compliance chief for FTX and FTX US, has provided a declaration that could support the lawsuit
Disney War Continues As CEO Punches Back At Florida Gov. DeSantis
11.5.2023
Disney CEO Bob Iger verbally pushed back against Florida Governor Ron DeSantis and his ongoing war against Disney World and the company, pointing out all the taxes his corporation pays the state and rhetorically asking if Florida still wants its business and all the money that entails. Read more
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
10.5.2023
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was not duly served in the FTX class-action lawsuit. As per the document, servers allegedly hurled the court documents at Shaq’s car, ultimately landing...
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
8.5.2023
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
4.5.2023
Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
Crypto influencer named in FTX lawsuit served via tweet
3.5.2023
A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit
Ava Labs founder awarded $3M in crypto defamation suit
2.5.2023
Emin Gün Sirer, the founder and CEO of Ava Labs, has been awarded millions in damages after an influencer publicly accused him of being part of a Turkish terrorist group in 2021
Coinbase faces suit over alleged privacy violations in biometrics collection
2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans