Class Action Lawsuit Filed Against Jump Trading Over Terra-Luna Project
A class action lawsuit was filed against the brokerage firm Jump Trading allegedly "saved" UST when the asset lost its USD peg in 2021 For this, the company received almost free huge amounts of LUNA These tokens were sold when the rate went up, bringin ...
Coinbase Faces Class-Action Lawsuit Over Alleged Biometric Privacy Violations
A user of the cryptocurrency exchange Coinbase accused the site of violating biometric privacy laws, claiming the exchange illegally stores customers' fingerprints and facial templates. According to the class action lawsuit filed in California District Court, the exchange ...
Shaquille O’Neal Served Court Papers in FTX Class Action Lawsuit
Lawyers representing the class action lawsuit against FTX, a bankrupt crypto exchange, have finally managed to serve court papers to Shaquille O'Neal, the four-time NBA champion, after months of failed attempts. The law firm, led by attorney Adam Moskowitz, had initially requested to serve legal ...
Founder of CryptoLaw Believes Ethereum Could Be Recognized as a Security after PoS Transition
According to John Deaton, the founder of CryptoLaw, who advocates for XRP cryptocurrency owners, the recent transition of the Ethereum network to the Proof-of-Stake (PoS) consensus algorithm may lead to Ethereum being recognized as a security by regulators. In an interview with Real Vision Crypto ...
Silicon Valley Bank CEO and CFO face class-action lawsuit over alleged abuse of power
The CEO and CFO of Silicon Valley Bank, Greg Becker and Daniel Beck, respectively, are facing legal action from shareholders who allege abuse of power. The group of shareholders filed a class-action lawsuit against the bank and its top executives in a federal court in California. According to ...
Thousands Join Class Action Lawsuit Against NY Attorney General to Recognize Ether as Security
According to the creator of the CryptoLaw initiative, an increasing number of individuals sharing similar views have united in a collective legal action against the New York State Attorney General, urging for the recognition of ether as a security. John Deaton recently tweeted that over 1,000 mem ...