Celsius Founder Files Motion to Dismiss NY Attorney General’s Fraud Lawsuit
The founder of bankrupt cryptocurrency lender Celsius filed a motion in court to dismiss a lawsuit filed by the New York attorney general's office accusing the entrepreneur of fraud. In January, New York State Attorney General Letitia James sued Alex Maszynski. Allegin ...
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 ...
New York Attorney General Sues KuCoin Cryptocurrency Exchange Over Unregistered Trading Activity
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 ...