lawsuit

A Texas county has reached a settlement in a lawsuit involving the wrongful seizure of $15,000 from a Bitcoin ATM operated by Lux Vending, known as Bitcoin Depot. The lawsuit was dismissed after the county acknowledged the funds were unlawfully taken due to a scam targeting an 82-year-old woman in C ...

Investors involved in the EthereumMax (EMAX) class action lawsuit have been granted a final opportunity to revise their claims against celebrities accused of endorsing the now-defunct cryptocurrency. In an order dated October 3, United States District Court Judge Michael Fitzgerald extended a thi ...

The article you've shared discusses a prediction made by Yasin Mobarak, the founder of Dizer Capital, that the SEC will withdraw its charges against Ripple executives Chris Larsen (chairman) and Brad Garlinghouse (CEO). This prediction comes in the context of the SEC v. Ripple lawsuit, which is sche ...

Game of Thrones creator George R.R. Martin has joined a lawsuit against OpenAI, the creator of ChatGPT, along with 12 other authors and the Authors Guild. The lawsuit alleges that OpenAI used copyrighted works from these authors as training data for its language model, ChatGPT, without authorization ...

Crypto influencer Ben Armstrong, also known as 'BitBoy Crypto,' has claimed that he's been receiving death threats from Hit Network, the company he recently filed a lawsuit against. Armstrong filed a lawsuit in Georgia, USA, alleging that Hit Network CEO Timothy 'TJ' Shedd Jr., his father Timothy Sh ...

The U.S. District Court for the Western District of Texas has dismissed a lawsuit by users of crypto-mixer Tornado Cash who claim the U.S. Treasury Department overstepped its authority by imposing sanctions on the service. Judge Robert Pitman dismissed a lawsuit filed by six Tornado Cash users ...

The New Hampshire District Court affirmed the U.S. Internal Revenue Service's (IRS) right to obtain users' personal data from cryptocurrency exchange Coinbase, overruling the objections of its client James Harper. U.S. District Court Judge Joseph Laplante dismissed a laws ...

Crypto exchange Gemini and cryptocurrency lender Genesis Global Capital have asked the court to dismiss the U.S. Securities and Exchange Commission's (SEC) permanent injunction against Gemini Earn. Gemini and Genesis argue that the Gemini Earn program should not be classi ...

The Commodity Futures Trading Commission (CFTC) sued five Americans who promoted what officials said was a fraudulent Icomtech cryptocurrency scheme that caused more than 170 people to lose money. The CFTC filed a civil lawsuit in California Central District Court against D ...

Investors have filed a class action lawsuit against basketball player Shaquille O'Neal, accusing him of promoting the Astrals' non-interchangeable tokens (NFTs) and violating securities laws. According to a complaint filed by investor Daniel Harper in the U.S. District Co ...

Users of cryptocurrency mixer Tornado Cash sued the U.S. Treasury Department for imposing sanctions on the service, claiming that the open-source software ban violates the U.S. Constitution. On Wednesday, May 24, six Tornado Cash users demanded that the U.S. Treasury Depart ...

The basketball star has been hiding from lawyers for months He is accused of advertising a cryptocurrency exchange Also O'Neal will answer for his NFT project Shakil O'Neal finally received documents about his participation in the FTX lawsuit. He was ...

He warned investors against investing in this asset And while the token "holds a special place" in the billionaire's heart, it remains extremely volatile The WSJ board met yesterday, May 23. Among those present was Elon Musk, who unexpectedly warned investors abo ...

Cryptocurrency exchange Gemini reported that Digital Currency Group (DCG), the parent company of Genesis, missed a $630 million payment due to the exchange last week. Gemini and Genesis continue dispute over Gemini Earn program. Genesis' decision to close customer with ...

He and two other members of top management are accused of negligence and fraud Allegedly the Embed platform was grossly overvalued at purchase its former CEO offered only $1 million for a buyback FTX insists the deal be voided In June 2022 ...

After Ilon Musk posted a picture of the NFT Milady collection on his Twitter page, the owners of the meme coin got rich by $20 million. These funds went mainly to the top 10 largest holders of the cryptocurrency Milady Meme Coin (LADYS), ...

It's about SEC member Hinman's documents He didn't recognize cryptocurrencies as securities a couple of years ago And so Ripple and other cryptocurrency companies aren't breaking the law A federal judge denied the SEC's motion to shut down Hinman's do ...

In a lawsuit filed by the exchange Coinbase, representatives of the U.S. Securities and Exchange Commission (SEC) said that the development of laws to regulate cryptocurrencies will take years and while "will do" and fines. This is the first time a U.S. regulator has clea ...

The regulator made this decision in light of the organization's insolvency LBRY had previously lost a lawsuit with the SEC and the LBC token was recognized as a security The organization said that the decision in the case puts the platform on the verge of liquidat ...

The Texas miner failed to remit payments for leased power And also illegally used power credits The case will now go to court Mining giant Riot Platforms filed suit against Rhodium Enterprises, a Texas-based bitcoin miner. They accuse the partner of f ...

Empower Oversight has sued the U.S. Securities and Exchange Commission (SEC) for refusing to clarify rules for cryptocurrencies. This, according to the public, violates the Freedom of Information Act (FOIA). Empower Oversight filed ...

Chief strategy officer of the largest cryptocurrency exchange Binance said that the oppression of cryptocurrencies in the U.S. has become "very difficult to do business" UK also causes concern. U.S. actions "have been very confusing over the last six months," Patrick Hill ...

American mining company Marathon Digital reported receiving another lawsuit from the U.S. Securities and Exchange Commission (SEC) as part of an investigation into the firm's operations in Montana. Marathon Digital received its first lawsuit back in November 2021, and since ...

The exchange and its affiliates are accused of not paying taxes The biggest lawsuit is filed against Alameda Research, for $20.4 billion The IRS got the highest priority for refunds The IRS (Internal Revenue Service) filed 45 lawsuits against FTX and ...

Alex Mashinsky believes fraud charges are unfounded His lawyers are demanding the case be dismissed New York State Attorney General Letitia James has said that scandalous Celsius founder Alex Mashinsky defrauded investors, regarding the cryptocurrency lender's we ...

A U.S. court has filed a lawsuit against cryptocurrency exchange Coinbase alleging management insider trading in shares that helped the exchange avoid huge losses after reporting financial results. Investor Adam Grabski, on whose behalf the lawsuit has been filed in U.S. fe ...

The complainant demands that the exchange destroy data obtained to verify KYC Before, the company paid a hefty fine and spent $50 million to refine the system Yesterday, May 1, a Michael Massel filed suit in California District Court against Coinbase. In it, h ...

Allegedly board members "dumped" securities before they fell This allowed them to avoid a $1 billion loss The author of the lawsuit demands a return of illegally gained profits to the company Adam Grabski filed a lawsuit yesterday, May 1, against top ...

According to Morgan Mac Lawyers, Coinbase is unlikely to delist bitcoin (BTC) and ether (ETH) even if regulators increase pressure on the exchange, given that these two cryptocurrencies account for 65% of its trading volume. Bill Morgan, a lawyer representing the San Francisco-based exchange, sta ...

Apple won the case, but suffered a major blow The court allowed publishers in the App Store to offer alternative payment options This means that you can buy NFT for cryptocurrency and without the predatory 30% commission This week the appeal hearing i ...

On April 26, a class-action lawsuit against Ripple Labs for allegedly selling XRP as an unregistered security will be heard in a federal court in California. The plaintiffs, represented by Bradley Sostak, aim to demonstrate that all individuals who bought and sold XRP at a loss, or still hold it, ...

Genesis Capital's creditors have recently made new demands, renouncing previous agreements and claims in the bankruptcy court. This has resulted in the delay of executing the court-approved damages plan, which would have provided the injured party with compensation equal to 80% of the lost funds. ...

Coinbase, a cryptocurrency exchange, has taken legal action against the US Securities and Exchange Commission (SEC) after failing to receive a response to a petition it submitted in July 2022. The petition requested that the SEC adopt clear rules and regulations for the cryptocurrency industry in ...

The Bittrex crypto exchange and its co-founder, William Shikhara, are facing legal action from the US Securities and Exchange Commission (SEC). The regulator has filed a lawsuit in the US District Court for the Western District of Washington, claiming that Bittrex allowed the trading of six crypt ...

The Wall Street Journal has reported that Bittrex, a cryptocurrency exchange, has received a notice from the US Securities and Exchange Commission (SEC) regarding the possibility of being forced to cease operations for not registering with the agency. Bittrex General Counsel David Maria confirmed ...

The advocacy group, the Blockchain Association, and the DeFi Education Fund have jointly filed an expert opinion with the US District Court in Austin. Challenging the sanctions imposed on the Tornado Cash cryptomixer by the US Treasury Department's Office of Foreign Assets Control (OFAC). Acco ...

SBI Crypto, a subsidiary of Japanese corporation SBI Holdings, has taken legal action against Whinstone US data center in the District Court of Texas. The mining company has alleged that Whinstone withheld crucial information from its customers, drew up unreasonable contracts, failed to comply wi ...

The value of Dogecoin, the popular cryptocurrency that has taken the internet by storm, has experienced a significant drop of up to 9.5% following Twitter's removal of the Dogecoin meme symbol from its homepage. As of Friday, April 7, CoinGecko reports that Doge is trading at $0.082. The sudde ...

A group of six American citizens, supported by lawyers from Coinbase exchange, have initiated a legal action alleging that the American government's imposition of sanctions on Tornado Cash service breaches the US Constitution. The lawsuit argues that the very nature of the cryptocurrency mixing s ...

Lawyers representing Elon Musk, the CEO of both Tesla and SpaceX, are seeking the dismissal of a $258 billion lawsuit filed against him in 2022 by a Dogecoin investor. Keith Johnson, the investor, accused Musk of engaging in a fraudulent scheme involving Dogecoin and falsely representing the cryp ...

The US Commodity Futures Trading Commission (CFTC) recently filed a lawsuit against Binance, a popular cryptocurrency exchange, and its founder, Changpeng Zhao. In a new development, another lawsuit has emerged, this time in the amount of $1 billion. Filed by law firms Moscowitz and Boies Schi ...

According to journalists from the Financial Times, Binance, the world's largest crypto exchange, allegedly concealed its close relationship with China for several years. The report suggests that Binance's top executives instructed employees to hide their connections and presence in China, contrad ...

The Northern District of Illinois has recently seen a lawsuit brought against Binance by the Commodity Futures Trading Commission, alleging a lack of registration and potential violations of US commodity market laws. The CFTC has specifically targeted Binance's CEO, Changpeng Zhao, as well as the ...

Gisele Bündchen, known as one of the highest-paid models in the world and a former Victoria's Secret angel, has recently spoken out about the financial losses she and her ex-husband Tom Brady suffered due to their involvement with the FTX Group. The FTX cryptocurrency exchange's collapse in Novem ...

The US Securities and Exchange Commission (SEC) has issued a warning to Coinbase, a popular cryptocurrency exchange, indicating that it could face enforcement action for selling unregistered securities. According to Coinbase management, the SEC's notice pertains to an unspecified portion of digit ...

A group of investors has recently filed a class-action lawsuit against Ben Armstrong, the owner of Bitboy Crypto, for allegedly promoting the bankrupt cryptocurrency exchange FTX. The lawsuit, which was filed in the District Court for the Southern District of Florida, names several other defendan ...

Two Brazilian football players were lured into a crypto scam promising a monthly income of 5%. In May of last year, Mayke of Palmeiras Football Club and Gustavo Scarpa of Nottingham Forest invested around R$11 million ($2 million) in WLJC, a company claiming to provide consulting services and inv ...

The KuCoin cryptocurrency exchange has been sued by the New York Attorney General's Office for failing to register in the state, with the prosecutor referring to ETH, LUNA and UST as securities. The Attorney General, Letitia James, filed a lawsuit in the New York Supreme Court, alleging that loca ...

CoinEx, a cryptocurrency trading platform, has notified its users that it will no longer be able to offer its services to individuals who are either citizens or residents of the United States, as the new regulations put forth by local regulatory bodies make it impossible to continue. Users based ...

Following the rejection of its application to open a master account with the US Federal Reserve, Custodia Bank has taken legal action against the regulator, claiming that it has been discriminated against and unfairly denied access to full membership of the US Federal Reserve System. Custodia Ban ...