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New Class Action Lawsuit Targets Solana In California
7.7.2022
Solana Labs, the entity behind the Solana (SOL) blockchain, has found itself targeted by a new class-action lawsuit filed with a California court.
The suit accuses the company, along with a number of related persons and entities active within the ecosystem, of drawing illegal profits from...
Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year
3.7.2022
After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...
Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks
26.6.2022
The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started...
Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’
23.6.2022
During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before...
Destiny 2 YouTube Takedown Revenge Plot Leads To $7.6 Million Bungie Lawsuit
23.6.2022
A spree of rogue DMCA takedown notices for Destiny 2 content on YouTube earlier this year has now ballooned into a $7.6 million lawsuit, as Bungie goes after the alleged perpetrator in court. In addition, some Destiny 2 content creators now say they feel “betrayed” after the person who...
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...
Elon Musk's support for Dogecoin grows stronger following $258B lawsuit
19.6.2022
Musk was seemingly unshaken about the allegation as he doubled down on his love for the Dogecoin ecosystem with a tweet saying, "I will keep supporting Dogecoin."
Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18
18.6.2022
Elon Musk Faces $258 Billion Lawsuit Over Alleged Dogecoin Pyramid Scheme
17.6.2022
Infamous internet clown and horrible SNL host Elon Musk and his two large companies, Tesla and SpaceX, are facing a ludicrously large $258 billion lawsuit over…uh…Dogecoin. As I’ve said before, 2022 is just a wild year of headlines. Read more
Elon Musk gets hit with ‘ridiculous’ $258B Dogecoin lawsuit
17.6.2022
The class-action lawsuit has raised many eyebrows in the crypto community, with many confident the suit will not be successful
Destiny 2 Cheat Makers Agree To Pay $13.5 Million In Damages To End Bungie Lawsuit
16.6.2022
After nearly a year of back-and-forth in and out of court, cheat software developers Elite Boss Tech have agreed to pay $13.5 million in damages to Bungie. The cheat maker had previously offered Destiny 2 cheating software on its website, leading to a lawsuit from the Destiny developer last year....
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
Activision Blizzard Clears Itself Of Any Wrongdoing
16.6.2022
Nearly year after an explosive lawsuit by the California Department of Fair Employment and Housing kicked off a firestorm of sexual harassment and discrimination allegations at Activision Blizzard, a Board of Directors working group investigating the company has released its findings. Led by...
BitBoy founder threatens class action lawsuit against Celsius
16.6.2022
BitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’
13.6.2022
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last...
Binance.US faces class-action lawsuit over LUNA and UST sale
13.6.2022
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers
Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra
13.6.2022
A class action lawsuit has been filed against Binance US on accusations that it misled investors and that it listed an unregistered security in UST
SEC Probes Binance — BNB Could Be Unregistered Security: Report
8.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with...
Crypto bank Custodia sues the Fed over 19 month delay on account approval
8.6.2022
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days