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Ripple-SEC Lawsuit Latest Update: Will XRP Maintain its Growth?
30.4.2021
The Ripple-SEC lawsuit has heated up owing to the latest motion filed by the SEC claiming the dismissal of “lack of fair notice and due process” defense put forth by Ripple. In the case of SEC v. Ripple, Ripple claims that the XRP token can be deemed to be a security asset. Although the CEO …
Ripple wants go public after settling SEC lawsuit, SBI CEO says
29.4.2021
The largest outside Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC
Five proposed crypto class actions in NY over unregistered securities dismissed
29.4.2021
Quantstamp, Status Research, Civic Technologies, HDR Global Trading and Kaydex are off the hook, after five securities related lawsuits were dismissed in New York Courts earlier this week
SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records
22.4.2021
The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek...
Bibox beats lawsuit alleging unregistered securities issuance
20.4.2021
A U.S. district has rejected a lawsuit alleging that Bibox sold unregistered securities because the lead plaintiff last traded the tokens in question more than 12 months ago
Court Summons Mirror Trading International Executives Over BTC Global Scam Allegations
18.4.2021
Two executives of Mirror Trading International (MTI) have been summoned by a high court in connection with another cryptocurrency investment scam called BTC Global. The court summons followed a civil lawsuit filed by 18 plaintiffs demanding compensation from them. Two MTI Executives Linked to...
MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman
15.4.2021
The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a...
Investors File Class Action Lawsuit Before the National Court of Spain Over an Alleged $298M Crypto Scam
15.4.2021
A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion...
Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims
14.4.2021
The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to...
SEC v Ripple: Court Denies SEC’s Request for Personal Financial Records Not Connected to XRP
10.4.2021
In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and Exchange Commission (SEC) for personal financial records of Ripple’s executives that are not connected to XRP. The court says that it “is not convinced” that personal banking records would show...
Lawyers Fighting Craig Wright Also File Lawsuit Against Ledger and Shopify
9.4.2021
Law firm Freedman Roche - which, among others, represents the David Kleiman estate in the Craig Wright legal saga - has filed a class-action lawsuit against hardware wallet manufacturer Ledger and e-commerce platform Shopify, with its clients claiming that Ledger “stood still” in the face of last...
Ledger faces class action from phishing scam victims
9.4.2021
Ledger and Shopify are facing a class-action lawsuit over sensitive information regarding 270,000 of Ledger's customers' that was stolen by Shopify employees
Petition Calls on New SEC Chairman to Drop Ripple Lawsuit and ‘End War on XRP’
8.4.2021
A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute...
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
8.4.2021
An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair
XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days
7.4.2021
The value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of some tokens surging to new all-time...
Ripple Wins Discovery: Judge Grants Access to SEC Internal Records on Bitcoin, Ether, XRP
7.4.2021
Ripple Labs has reportedly won discovery from the U.S. Securities and Exchange Commission (SEC). The court has ordered the commission to produce internal records relating to discussions of whether XRP tokens are similar to bitcoin and ether, which are currently not classified as securities. Ripple...
Nexo Sued for ‘Unlawful’ Liquidation of Clients’ Collateral XRP Amid SEC’s Ripple Lawsuit
6.4.2021
Crypto lending firm Nexo is facing a class-action lawsuit filed by an XRP investor for “unlawfully” suspending the use of the cryptocurrency as collateral without giving notice to clients and subsequently liquidating the tokens. This happened following the lawsuit filed by the U.S....
Nexo faces lawsuit for liquidating $5m in client collateral amid XRP delisting
6.4.2021
Crypto lending platform Nexo has been accused causing $5 million worth of client liquidations after suspending the use of XRP as collateral without warning in December
Bitcoin Cash antitrust suit dismissed with prejudice
2.4.2021
A Judge has nixed a lawsuit alleging Roger Ver and Jesse Powell and several other crypto figures engaged in market manipulation
US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation
1.4.2021
A U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley...