A class-action lawsuit has been filed against layer-1 blockchain Solana (SOL) on the grounds that the smart contract platform is not as decentralized as advertised. In a court filing dated July 1st, S...
Tag: Lawsuit
Celsius ‘artificially’ inflated the price of CEL, lawsuit alleges
Celsius Network’s troubles are mounting even as the crypto lender navigates a storm that it may have actually rode into knowingly. On Thursday, the crypto lender was hit by a class action lawsuit, fil...
California-based Solana (SOL) Investor Files Lawsuit Against Solana Labs
3 hours ago | 2 mins read Altcoin News Misleading SOL’s circulating supply has been alleged by Young. According to the primary plaintiff, Mark Young, SOL tokens are unregistered securities. A class-ac...
Could Solana securities lawsuit spark massive crypto delistings?
A class action lawsuit has been filed against Solana Labs and its CEO Anatoly Yakovenko for allegedly breaking securities law. The implications for other similar cryptocurrencies could be huge, as exc...
Celsius Slammed With Fraud Lawsuit From its Former Money Manager
Struggling cryptocurrency lending company Celsius has been accused by staking software firm KeyFi, of fraud, mismanagement of customers’ deposits, and failure to honor an agreement between both partie...
XRP Lawyer Warns Of More Class Actions After Solana Lawsuit
Another major trouble has emerged in the world of cryptocurrency. Solana Labs has been slapped with a class action lawsuit. It is been alleged of making illicit profits by promoting unregistered secur...
Celsius is a ‘Ponzi scheme’, ex-employee alleges in a new lawsuit
Troubled crypto lending platform Celsius has been sued by a former employer accusing the company of running a Ponzi scheme resulting in freezing customer funds. Celsius former investment manager Jaso...
Solana Labs hit with a class-action lawsuit 1
Solana Labs has been hit with a lawsuit claiming its SOL token, is unregistered. The firm is one of the few that is in cold waters as there have been quite a number of legal tussles over the last few ...
Lawsuit Against Crypto Lending Celsius Network
On Thursday, a former investment manager at Celsius Network filed a lawsuit against the cryptocurrency lender, alleging that it had frozen customer funds and had rigged the price of its own cryptocurr...
Court Finally Grants Ripple to Add Two Attorneys to Its Legal Team in SEC Lawsuit
– Advertisement – Ripple has been granted permission to add two new attorneys to its legal team. Ripple’s motion to add two attorneys to its legal team in the ongoing lawsuit against the ...
Celsius Slapped With Lawsuit Calling It A Ponzi Scheme
Beleaguered crypto lender Celsius was sued by a former asset manager on Thursday, who alleged that the firm was an elaborate “Ponzi Scheme.” In a court document filed in the New York state court in Ma...
Solana Labs Faces Class-Action Lawsuit in California. Here’s Why It’s Important
Alex Dovbnya Solana Labs has been slammed with a class-action lawsuit in California Solana Labs, a non-profit organization behind the Solana blockchain, has been hit with a class-action lawsuit that w...
Court Rejects Ripple’s Request To Add Two Attorneys in SEC Lawsuit
9 hours ago | 2 mins read Altcoin News Crucial decision on the Hinman emails would be made this week. The SEC seeks to exclude evidence from ten experts. Ripple moved to incorporate two attorneys into...
KeyFi Files Lawsuit Against Celsius, Millions At Risk?
The popular pseudonym Twitter account Oxb1 has revealed the identity of the user behind it and, as rumors claimed, it is linked to lending company Celsius. Jason Stone founder and CEO of investment fi...
Here’s How A Mississippi Case Could Keep Medication Abortion Legal Even In States That Have Banned It
Topline Mississippi’s abortion trigger law took effect on Thursday and banned all abortions in the state, but an ongoing lawsuit from pharmaceutical company GenBioPro is seeking to preserve access to ...
Celsius Faces Lawsuit From Former Partner KeyFi
Key Takeaways Jason Stone, the head of KeyFi, says that Celsius owes money after KeyFi briefly managed client funds on its behalf. Celsius supposedly failed to hedge against risk, which became clear w...
Solana Slammed With ‘Securities Violation’ Lawsuit Painting SOL As A Centralized Cryptocurrency ⋆ ZyCrypto
Advertisement     The Solana Ecosystem is facing a class-action lawsuit for allegedly profiting from “unregistered securities” (being SOL, the native token of Solana) ...
Amazon Under “Fyre” In Reverse Confusion Trademark Infringement Case
Amazon’s Fire TV products are the subject of an uncommon “reverse confusion” trademark dispute from … [+] an existing brand using FyreTV for their adult video service. Associat...
SEC vs. Ripple: Is the regulator moving to strike every single witness in the lawsuit?
The lawsuit between the American regulators (SEC) and the San Francisco-based fintech firm Ripple continues to see new developments. This time the topic of discussion is Amici Curiae, which John E. De...
Breaking: Court Denies Ripple Move to Add Two Attorneys to Its Legal Team in the SEC Lawsuit
– Advertisement – The court has denied Ripple’s efforts to add two new attorneys from Kellogg Hansen. The court denied a recent effort by Ripple to add two attorneys to its legal team in ...
Bolt Financial and Authentic Brands Group settle lawsuit
Bolt Financial Inc. and Authentic Brands Group (ABG) have reached settlement over a lawsuit the latter filed in March, according to details published on Wednesday. ABG, in its legal suit against Bolt,...
Ripple Hires 2 New Lawyers; How This Will Effect SEC Lawsuit?
Amid the ongoing legal tussle between Ripple and U.S. Securities and Exchange Commission (SEC), the blockchain firm has hired two new Lawyers on its team. Judge accepts Ripple’s pro hac vice motion At...
A Landmark NFT Lawsuit Seeks To Determine How Creators, Owners, And Investors Can Protect Their Intellectual Property And Monetize Assets Moving Forward
NEW YORK, NEW YORK – JUNE 20: Billboards display Bored Ape Yacht Club NFT art in Times Square during the 4th annual NFT.NYC conference on June 20, 2022 in New York City. (Photo by Noam Galai/Get...
Ripple Hires New Lawyers as SEC Lawsuit Drags On
Alex Dovbnya Ripple has added two new attorneys to its legal team Blockchain company Ripple has added two Kellogg Hansen lawyers to its team in order to bolster its legal team. Kylie Chiseul Kim and C...
Bungie seeks PayPal’s help to win lawsuit against AimJunkies
Bungie has decided to sue PayPal to obtain relevant documentation that could win it a lawsuit against AimJunkies involving copyright infringement. Bungie seeks hope in PayPal: parties involved in the ...
The Dispute Looks Far From Over! What’s The New Turn In the Lawsuit
After failing to win the suit over Ripple, the SEC is expected to submit a motion for reassessment. Ripple vs SEC: The Latest Updates In a conversation, Robert Cohen, a retired SEC Division of Enforce...
Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC
Finblox, a crypto-staking platform based in Hong Kong, announced that it has increased its daily withdrawal limit to $3,000. Two weeks ago, the firm imposed a withdrawal limit of $1,500 monthly and su...
CFTC files a lawsuit on fraud involving $1.7 billion Bitcoin
The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Mirror Trading International Proprietary Limited (MTI) and its CEO, Cornelius Johannes Steynberg. The lawsuit charges the...
CFTC Serves Lawsuit Against South African Company Over $1.7B Bitcoin Fraud
In a recent lawsuit, the CFTC has revealed what it considers the single largest Bitcoin fraud case, involving South Africa’s MTI. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit ag...
Former Coinbase Executive Gives an “Unusual” Indication in Ripple-SEC Lawsuit
Tomiwabold Olajide Most of Ripple’s record-breaking growth figures come outside of United States Contents Ripple acting as if it had already lost SEC may not get the outcome it is looking for Fo...
Hailey Bieber’s New Skincare Line Welcomed With Infringement Lawsuit
Contributing author: Heather Antoine Hailey Bieber’s new “Rhode” skincare line was immediately met with a trademark lawsuit from … [+] Rhode-NYC. WireImage In April of 2015, Ky...
“Things Do Not Look Good”: Former Coinbase Executive On Ripple-SEC Lawsuit
Tom Loverro, the former Coinbase board member, has indirectly given an unusual hint at the Ripple-SEC lawsuit. The CEO of Ripple made a statement about leaving the U.S after losing its case against th...