Reddit mods dumped tokens hours before blockchain program termination
Popular social network platform Reddit announced the wind-down of its blockchain-based community points program on Oct. 17 citing scalability issues. The announcement created controversy in the crypto community with many calling it a rug-pull as the price of the native token on different subreddi ...
Investors in EthereumMax (EMAX) Lawsuit Granted Final Chance to Revise Claims Against Celebrities
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 ...
Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug
The price of the native token of decentralized finance (DeFi) cross-chain bridge Synapse (SNY) plummeted on Sept. 5 after an unknown liquidity provider on the platform dumped nearly 9 million SYN tokens and pulled all stablecoin liquidity from the bridge.The official X account for Synapse ...
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1.The class action suit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with ...
EMAX class action against Kim K and Mayweather is back on, says judge
Celebrity defendants Kim Kardashian and Floyd Mayweather are back on the hook for a class action lawsuit that alleges their improper promotion of the now-defunct crypto token EthereumMax (EMAX).While the class-action suit was brought against the pair in January 2022 for allegedly promoting ...
Former Kickboxer Andrew Tate Announces Plans to Pump Altcoins, Drawing Cryptocurrency Community’s Attention
Former kickboxer Andrew Tate told subscribers that starting June 1 he will randomly select several altcoins and pump them. Although a few days ago he denied any interest in cryptocurrencies. Popular blogger Andrew Tate shared on Twitter his plans to "pump" some altcoins o ...