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Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
1.5.2023
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation...
Bungie Wins $12 Million In Destiny 2 Anti-Cheat Lawsuit
28.4.2023
As Bungie continues on its warpath against Destiny 2 cheaters, the studio has won $12 million in the lawsuit against Romanian cheat seller Mihai Claudiu-Florentin that began back in 2021.Read more
Disney Lawyers Are Done Playing, Sue Florida Gov. DeSantis
26.4.2023
The ongoing war between Florida Governor Ron DeSantis and Disney is heading to court. Today, Disney and its army of lawyers filed a lawsuit against DeSantis and others over what it calls a “targeted campaign of government retaliation.” It’s the latest chapter in an ongoing war between the two. Read...
Cathie Wood's ARK Invest Buys $8.7 Million in Coinbase Stock, Files Third Bitcoin ETF Application Amid SEC Lawsuit
26.4.2023
Technology investor Cathie Wood’s fund ARK Invest has bought Coinbase stocks for $8.7 million, while filing yet another application to list a bitcoin-backed exchange-traded fund (ETF).
ARK’s latest purchase of Coinbase stock was made through the ARK Innovation ETF, ARK Next Generation Internet...
XRP Price Prediction as $1 Billion Trading Volume Rushes In Before Lawsuit Conclusion – Are Whales Buying?
26.4.2023
The XRP price has risen by 3.5% in the past 24 hours, reaching $0.473395 as the cryptocurrency market as a whole gains by 4%.
XRP's current price means that the altcoin has dropped by 10% in a week but is up by 5% in a month and by 39% since the start of the year, with its 24-hour trading volume...
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
25.4.2023
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention
Taylor Swift Rejected Crypto Exchange FTX’s Sponsorship Offer Over Unregistered Securities Concerns
20.4.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...
NBA Hall of Famer Shaq Served in FTX Investor Suit
18.4.2023
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX....
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
17.4.2023
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global GmbH are also facing charges
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
17.4.2023
According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations...
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
17.4.2023
Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
11.4.2023
The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff
Nintendo Demands Discord Reveal The Zelda: Tears Of The Kingdom Leaker
10.4.2023
A massive The Legend of Zelda: Tears of the Kingdom artbook leaked in February, and Nintendo hasn’t forgotten. The Switch maker is currently trying to subpoena Discord, where images from the artbook first started making the rounds, to force the social media platform to disclose the identity of...
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
8.4.2023
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, with more than 200 employees. Behind the scenes, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim and the smell of cannabis permeated...
Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer
8.4.2023
An allegedly Bitcoin spoofing attack is behind the lawsuit between the companies that at one time considered merging
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
8.4.2023
Gryphon sent $500,000 of Sphere 3D's bitcoin to an address pretending to be its CFO
Jane Street, Tower Research and Radix are Binance’s 'VIP' clients in CFTC suit: Report
6.4.2023
The firms were cited anonymously in the CFTC's complaint describing Binance’s alleged facilitation of U.S. clients