Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, c...
Tag: Complaint
Court Dismisses Civil Complaint Against MicroStrategy Chairman and Bitcoin Bull Michael Saylor
A new filing with the U.S. Securities and Exchange Commission (SEC) reveals that a court has ruled in favor of Michael Saylor in a civil lawsuit lodged against the popular Bitcoin (BTC) bull. SEC doc...
NanoLabs Filed Complaint Against Crypto Exchange Coinbase
Last week on February 24th, NanoLabs — the company behind the digital currency Nano (NANO), alleged the crypto exchange Coinbase over alleged trademark infringement. In the California Northern Distric...
Celebrities asked to dismiss second amended complaint in class-action lawsuit
Kim Kardashian, Floyd Mayweather, and a number of other celebrities are attempting to persuade a court to reject an additional effort to hold them accountable for allegedly promoting EthereumMax (EMAX...
Do Kwon removed 10K Bitcoin from Terra after collapse — Takeaways from SEC complaint
A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following...
Jump is the unnamed ‘US trading firm’ in SEC complaint against Do Kwon: sources
Jump Trading is the unidentified “U.S. trading firm” the Securities and Exchange Commission accused of helping support the TerraUSD stablecoin as it de-pegged from the dollar in 2021, acco...
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...
Circle Takes on Binance: Regulatory Complaint Filed Over Stablecoin Issuance
The implosion of FTX and Alameda – which has often been described as one of the largest institutional failures in modern American history – has begun a new wave of stablecoin regulatory scrutiny acros...
NYDFS’ Crackdown On Paxos May Be Prompted By Circle’s Complaint
A crypto lawyer believes that the NYDFS’ enforcement action against Paxos was motivated by Circle’s complaint last year. The lawyer claims that the action may have nothing to do with the security attr...
Complaint filed against Compass Mining for losing BTC mining machines hits snag
A group of customers attempting to sue Compass Mining for over $2 million for failure to return their Bitcoin machines after cutting ties with a Russian hosting company, has had their case dismissed j...
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...
SEC Files Complaint Against Gemini and Genesis for Allegedly Selling Unregistered Securities
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. ...
Over 60% Of Ethereum Blocks Are OFAC Complaint, A Reason To Worry?
When Ethereum finally moved from a Proof of Work (PoW) to a Proof of Stake (PoS) mechanism, it had been done to much fanfare in the community. Most celebrated the new promise of better efficiency and ...
SEC FTT Complaint Is Yet Another Case of Regulation by Enforcement
In yet another enforcement action, bankrupt exchange FTX’s token FTT is a security, the US Securities and Exchange Commission stated in a complaint Wednesday. “FTT was offered and sold as an inv...
FTX’s FTT token labeled a security in SEC complaint
The U.S. Securities and Exchange Commission labelled FTX’s exchange token, FTT, as a security — putting other exchange tokens in the spotlight. “If demand for trading on the FTX plat...
BTC, ETH, and USDT are Commodities: CFTC in the Complaint Against FTX.
CFTC is considering listing BTC, ETH and USDT as commodities. Gary Gensler had been advocating for BTC to be treated as a commodity. If these three are classified as commodities, they shall be regula...
CFTC Says Bitcoin, Ethereum and Tether Are Commodities in Fraud Complaint Against FTX Founder Sam Bankman-Fried
The U.S. Commodity Futures Trading Commission (CFTC) is listing three crypto assets that it considers to be commodities. In a fraud complaint filed in the United States District Court for the Southern...
Cramer reacts to FTC complaint against Microsoft-Activision deal
Microsoft Corp (NASDAQ: MSFT) is in focus this morning after the Federal Trade Commission sued the tech behemoth in an attempt to block its $69 billion acquisition of Activision Blizzard (NASDAQ: ATVI...
FTX CEO Sam Bankman-Fried hit with campaign finance complaint
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wedne...
Goldman paid $12 million to settle sexism complaint, Bloomberg reports
Goldman Sachs logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images Goldman Sachs paid more than $12 million to a former female partner to settle claims that senior...
Fake billionaire Justin Costello co-defendant settles SEC complaint
Zoom In IconArrows pointing outwards FBI Poster for Justin Costello FBI The Securities and Exchange Commission has agreed to settle a civil lawsuit against a man accused of five separate penny stock p...
Blockchain-Based Online complaint Registration Portal Brings India’s Firozabad on International Map ⋆ ZyCrypto
Advertisement     District police of Firozabad in India have launched a blockchain-based complaint registration portal. The news gathered considerable media attention ...
India Police Launch Pilot Polygon-Based Complaint Registration Portal
An Indian district, Firozabad, about 40 km from Agra of Taj Mahal’s fame in the Indian province of Uttar Pradesh, would start the registration of complaints police complaints on the blockchain network...
India taps Polygon network to avoid manipulation in police complaint portal
Join Our Telegram channel to stay up to date on breaking news coverage The 2.8 million citizens that are part of India’s Firozabad district could soon enjoy convenience after the release of a new poli...
Polygon will power the 1st-ever blockchain-based police complaint portal in India
We all know that blockchain technology is reaching new innovative feats every day. However, its latest use case in India is astonishing, to say the least. The Firozabad police force has launched a new...
What’s next for DAOs? Breaking down the CFTC’s latest enforcement action
On Sept. 22, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Ooki DAO in the U.S. District Court for the Northern District of California. The complaint alleged that the DAO was...
Ex-Twitter security chief’s whistleblower complaint is a ‘godsend’ for Elon Musk
Twitter’s (TWTR) ex-security chief has filed a whistleblower complaint with claims that, if proven true, could make it easier for Elon Musk to walk away from his $44 billion deal to buy the social med...
Twitter Stock Downgraded As Whistleblower Complaint Gives Elon Musk ‘Much Needed Ammunition’ For Legal Battle
Topline Shares of Twitter on Wednesday were downgraded by analysts at Rosenblatt Securities, who warned an explosive whistleblower complaint from the social media company’s former head of cybers...
Complaint Filed Against BitConnect Founder in India Following Indictment in the US
Satish Kumbhani, the founder of cryptocurrency investment platform BitConnect, is now being investigated in India for the multi-million dollar scam. Reports noted that a Pune city-based lawyer, Kondhw...
BitConnect Founder Satish Kumbhani Wanted in India as Local Lawyer Files Complaint Over Missing Bitcoin
The SEC said in a February 28th filing that Kumbhani had possibly disappeared from India as his whereabouts were unknown. Authorities in India are now seeking BitConnect founder Satish Kumbhani after...