24 seconds ago | 2 mins read Bitcoin News Silicon Valley Bank has over $16 billion in unrealized losses as of the closing date. The complaint alleges mismanagement of circumstances that led to its dow...
Tag: alleging
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
A group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of its executives amid the unfolding crisis. Multiple news outlets reported on March 13 th...
Nexo user sues crypto lender, alleging millions in asset losses
Policy • March 1, 2023, 11:06AM EST A California resident filed a complaint against crypto lender Nexo citing harm from the firm’s “fraudulent inducement” to take out loans. John Cress had a N...
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded. Binance has hit back at the Forbes report that claims it quietly tran...
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Voyager “onboarded New York customers and thus illegally operated a virtual currency business within the state without a license, in violation of New York laws and regulations,” depriving its customer...
Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud
Topline Former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, has been charged with four new criminal counts including allegations of illegal political donations and bank ...
Binance.US Responds to Reports Alleging Secret $400,000,000 Bank Transfers to Firm Managed by CEO Changpeng Zhao
Crypto exchange giant Binance is denying allegations that it secretly moved large sums of money from its US affiliate to a trading firm associated with its CEO Changpeng Zhao. A report by Reuters clai...
Do Kwon, Terraform Labs Hit With SEC Lawsuit Alleging Securities Fraud ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) has sued Terraform Labs and its CEO Do Hyeong Kwon — better known as Do Kwon — for securities fraud...
Stablecoin Issuer Paxos Categorically Disagrees With SEC’s Notice Alleging That Binance USD Is a Security
New York-based crypto company Paxos is pushing back against the idea that stablecoin Binance USD (BUSD) is a security. In a statement released on Monday, Paxos says it received a “Wells Notice” from t...
Circle USDC Filed A Regulatory Complaint Alleging Binance Mismanaged Reserves In 2022
Join Our Telegram channel to stay up to date on breaking news coverage Circle USDC filed a regulatory complaint alleging Binance mismanaged reserves in 2022, Bloomberg reports. What: Circle filed a re...
Logan Paul sued by customers alleging his CryptoZoo was a rug pull – Cryptopolitan
A class action complaint has been filed against CryptoZoo and Logan Paul, alleging that the defendants defrauded customers out of millions of dollars worth of cryptocurrencies. The lawsuit names both ...
Coinbase class-action lawsuit alleging security selling dismissed
A lawsuit against Coinbase and its CEO Brian Armstrong was dismissed on Wednesday. The judge exposed a flaw in the plaintiffs’ claim. In the United States District Court of Southern New York on Wednes...
FEC Dismisses GOP Complaint Alleging Gmail Sent More Republican Fundraising Emails To Spam Folders, Report Says
Topline The Federal Election Commission dismissed a complaint filed by the Republican National Committee against Google, rejecting claims the company’s Gmail service purposely filtered emails soliciti...
Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs
A lawsuit was filed in the Central District of California of the United States District Court. It describes an extensive claimed plan, hatched by the elite of Hollywood. Celebrities like as Justin Bie...
Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT ‘Scheme’
In total, the lawsuit names 37 defendants, including the founders and leadership team at Yuga Labs; MoonPay and its CEO, Ivan Soto-Wright; Reddit co-founder and investor Alexis Ohanian; NFT artist Bee...
John Paulson Seeks to Shut Down Wife’s Suit Alleging Hidden Billions
(Bloomberg) — John Paulson is seeking to shut down his wife Jenica’s lawsuit accusing him of shielding billions of dollars in assets from their divorce, claiming she’s the one who’s engaged in a...
Ripple CTO Pokes Holes At ChatGPT Arguments Alleging XRPL Is Not Truly Decentralized
– Advertisement – Schwartz called out flaws in OpenAI chatbot ChatGPT arguments, alleging that the XRPL is not truly decentralized. Ripple CTO David Schwartz, in a tweet today, has poked h...
Investors file lawsuit against Nexo alleging blocked withdrawals
A family of investing entrepreneurs are suing Nexo for preventing them from withdrawing their funds and claim they were intimidated into selling crypto assets back to the lender at a 60% discount. Nex...
Former SpaceX employees file complaints alleging retaliatory firings
SpaceX headquarters in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Former employees of SpaceX have filed federal complaints against the company, alleging Elon Musk’s...
Trump Organization Settles Lawsuit With Protesters Alleging Assault—Here’s Where Other Cases Involving Ex-President’s Business Stand
Topline Former President Donald Trump and the Trump Organization settled a lawsuit Wednesday with protesters who alleged security guards at Trump Tower assaulted them in 2015, attorneys in the case sa...
Custodia Bank files petition alleging ‘favoritism’ after U.S. oldest lender received approval to offer crypto
United States digital assets bank Custodia Bank has filed a petition alleging ‘favoritism’ after authorities allowed mainstream lender BNY Mellon to offer crypto services. In the petition filed befor...
French Prosecutors Charges Five Alleging of NFT Thieves
On 12th October 2022, a French news agency AFP reported a group of five people charged for allegedly stealing several NFTs. Paris prosecutors said that they put the allegation of stealing digital coll...
Former ‘Real Housewives’ Star Bethenny Frankel Sues TikTok, Alleging App Profits From Scammers Stealing Her Likeness
Bethenny Frankel says she’s had enough of scammers on TikTok using her voice, image or content to sell counterfeit products. The entrepreneur and star of “The Real Housewives of New York” filed a fede...
Blockchain firm sues Coinbase for $350M alleging patent infringement
Crypto exchange Coinbase has found itself in legal hot water after being accused by blockchain-based software firm Veritaseum Capital of infringing on a patent relating to its blockchain technology — ...
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
Thailand’s Securities and Exchange Commission, or SEC, has accused crypto exchange Zipmex and its co-founder Akalarp Yimwilai of non-compliance with local laws and referred the matter to the police. I...
Ava Labs denies reports alleging Avalanche paid lawyers to sue competitors
The founder and CEO of Ava Labs, Emin Gun Sirer, has taken to Twitter to deny the claims of a whistleblower alleging that the layer one blockchain allocated around 1% of AVAX token supply and Ava Labs...
Ava Labs CEO Rejects Report Alleging Conspiracy with Law Firm
The pact reportedly directed Kyle Roche to sue crypto companies “gangster style” and distract regulators Roche has sued crypto companies including Solana and Binance Ava Labs’ CEO Emin Gün Sirer has d...
Ava Labs Dismisses “Conspiracy” Alleging Avalanche Paid Lawyers to Sue Competitors
Key Takeaways A new report from Crypto Leaks alleges that Ava Labs paid off Roche Freedman to attack its competitors and keep regulators at bay. Roche Freedman founding partner Kyle Roche appears to c...
OpenSea Files Motion to Dismiss Case Alleging NFT Insider Trading Activity
The Lawyers representing OpenSea’s former product head Nate Chastain said that the NFTs don’t fall in the category of either securities or commodities. Thus, wire fraud charges aren’t applicable to th...
Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Mickelson, DeChambeau Sue PGA Tour Alleging Antitrust Violations
Topline A group of 11 LIV Golf players led by Americans Phil Mickelson and Bryson DeChambeau filed an antitrust lawsuit against the PGA Tour in federal court Wednesday, setting the stage for a content...