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Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’
12.10.2022
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says...
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
12.10.2022
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.”
In SEC Lawsuit, Grayscale Calls Spot ETF Rejection ‘Arbitrary, Capricious, and Discriminatory’
12.10.2022
Grayscale Investments called the the U S. Securities and Exchange Commission's (SEC) June decision to reject its application to convert its flagship Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange traded fund (ETF) “arbitrary, capricious, and discriminatory" in an opening legal brief...
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition
4.10.2022
According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price of $54.20 a share. Twitter’s shares surged following the news and climbed nearly 20% higher and trading was halted twice so far. Report Claims Tesla’s Elon Musk Will...
Stadia's demise - did it have to happen?
3.10.2022
Also: Steam's antitrust lawsuit gets spicier, and lots more!
Tattoo Artist Wins Lawsuit Over Her Art Appearing On Randy Orton In WWE 2K
3.10.2022
For any bystander looking at the worlds of professional wrestling and video games from the outside, what’s happening inside can look like a veritable circus. In 2022, each has had more than its fair share of ongoing legal litigation and backstage drama. Now, however, a new lawsuit has seen the...
Ooki DAO members explore options in response to CFTC lawsuit
29.9.2022
Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC
Interpreting the CFTC’s Lawsuit Against Ooki DAO
27.9.2022
The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), a legal requirement in the U.S
Blockchain firm sues Coinbase for $350M alleging patent infringement
26.9.2022
The plaintiff, Veritaseum believes that other centralized and decentralized crypto exchanges may have also unlawfully used the patent to facilitate crypto payments, trading, and staking services
Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit
22.9.2022
The crypto advocacy group is granted the status of "the friend of the court."
Destiny 2 Cheat Developer Claims Bungie Hacked Them In New Lawsuit
21.9.2022
It’s been a wild week for hackers making off with video game studios’ private files and using publishers’ services for their own gain. But this time, it’s a major studio accused of doing the hacking. A group of Destiny 2 cheat makers are suing Bungie for hacking into one of their computers. They...
SEC lawsuit claims jurisdiction as ETH nodes are 'clustered' in the US
20.9.2022
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform
15.9.2022
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want...
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
14.9.2022
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional...
Crypto Custody Firm BitGo Files $100M Lawsuit Against Galaxy Digital For Breaching Merger Agreement
13.9.2022
Cryptocurrency custody firm BitGo has filed a lawsuit against Galaxy Digital, seeking more than $100 million in damages
Plaintiffs file for Dave Portnoy’s dismissal from SafeMoon lawsuit
12.9.2022
Barstool Sports founder Dave Portnoy highlighted that he told people that the project may be a scam before he made his investment
Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch
10.9.2022
Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return...
Quentin Tarantino settles Miramax lawsuit over Pulp Fiction NFTs
10.9.2022
Miramax sued the Hollywood director in November last year after the blockchain provider Secret Network announced the auction of his "uncut screenplay scenes."
Quentin Tarantino Reaches Settlement With Miramax in ‘Pulp Fiction’ NFT Lawsuit
9.9.2022
The director’s copyright infringement saga is finally being put to rest