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Former SEC official predicts regulator 'will lose on the merits' of case against Ripple
23.2.2022
Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple
SafeMoon pump and dump lawsuit targets Jake Paul, Soulja Boy, and others
20.2.2022
The new proposed class action alleges that SafeMoon recruited a number of celebrities to lure investors in with misleading promotions
Bobby Kotick's Police Records Subpoenaed As Harassment Investigations Ramp Up
18.2.2022
The Wall Street Journal is reporting that, following the company’s recent sale to Microsoft, efforts to pursue Activision Blizzard—and its embattled CEO Bobby Kotick—have escalated at both the state and federal level.Read more
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one
10.2.2022
ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators
Sneaker Giant Nike Sues Online Retailer for Selling Unauthorized Nike Shoe NFTs
7.2.2022
Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,”...
NFT battles: Nike takes seller of unlicensed NFT sneakers to the court
4.2.2022
StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
27.1.2022
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had...
Blizzard Teases First New Game Universe Since Overwatch Amid Developer Exodus
26.1.2022
Still reeling from a workplace misconduct reckoning, staff exodus, major game delays, and a record-breaking deal to be acquired by Microsoft, Blizzard announced yesterday that it’s working on its first game set in a new universe since the launch of Overwatch six years ago. Details were scant,...
Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’
26.1.2022
The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.” Eric Trump said that the crypto has nothing to do with the Trump family. “We do not authorize the use and we are in no way affiliated with this group. Legal...
Jack in the Box ends suit against FTX for allegedly stealing its mascot
21.1.2022
Jack in the Box and FTX have come to an undisclosed settlement over the mascot related copyright suit, suggesting that the Moon Man’s days may be over in its current form
Court Dismisses Lawsuit By Parents Whose Kids 'Gambled' With CSGO Skins
14.1.2022
On January 7, a U.S. federal court dismissed the final lawsuit against Valve regarding the company’s alleged facilitation of what plaintiffs claimed amounts to illegal gambling in CSGO matches. This was the last case in a series of claims brought to the court by parents whose children had purchased...
Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token
12.1.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants...
SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security
12.1.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets...
Riot Games Reaches $100 Million Settlement In Gender Discrimination Lawsuit
28.12.2021
Back in 2018, former Riot Games employees Melanie McCracken and Melanie McCracken and Jes Negrón filed a class action suit against the League of Legends publishe over endemic gender-based discrimination and fostering a “men-first” environment. A settlement has now been reached.Read more
Ripple Achieves ‘Strongest Year Ever’ Despite SEC Lawsuit Over XRP, Says CEO
24.12.2021
Ripple has achieved the “strongest year ever” despite the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC), according to CEO Brad Garlinghouse. “Calling crypto the ‘Wild West’ is a farce,” he said, emphasizing that “most...
Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter
21.12.2021
The Canadian platform wants to expose the true identity of Shytoshi Kusama, who volunteers as project lead for the popular Shiba Inu memecoin
CD Projekt Settles Cyberpunk 2077 Lawsuit, Will Pay $1.85 Million
17.12.2021
This time last year a group of investors filed a class-action lawsuit against CD Projekt Red over Cyberpunk 2077's disastrous launch, saying the game was “virtually unplayable on the current-generation Xbox or Playstation systems due to an enormous number of bugs”.Read more
Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
16.12.2021
A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests....
Bowser Agrees To Pay Nintendo $10 Million In Hacking Lawsuit
7.12.2021
Gary “GaryOPA” Bowser pleaded guilty to federal piracy charges in October. Now he’s agreed to pay Nintendo a massive $10 million settlement for his reported role in designing and selling devices to circumvent Switch security measures as part of Team Xecuter.Read more