USDT caught in the crossfire of Huobi and KuCoin’s negligence – Cryptopolitan

According to a report by digital asset data analytics firm Inca Digital, two major crypto exchanges, Huobi and KuCoin, continue to allow customers of sanctioned Russian banks to transact on their plat...

OpenSea sued for $500,000 by NFT collector for negligence – Cryptopolitan

A nonfungible token (NFT) collector by the name of Robbie Acres is initiating legal action against the OpenSea NFT marketplace for a number of alleged transgressions, one of which is that he was preve...

FTX fiasco one of the most egregious cases of ‘gross negligence,’ says Ackman

Hedge-fund titan Bill Ackman appears to be walking back comments he made via Twitter last week about Sam Bankman-Fried that some interpreted as implicit support for the 30-something who presided over ...

calculated fraud or criminal negligence?

In the interviews he has given since the FTX bankruptcy, SBF has said that he didn’t knowingly commit fraud. SBF says he didn’t commit fraud Most of the details referring to the spectacular crash of t...

CoinBase Users Took Legal Action Against the Company for Negligence 

CoinBase users got scammed for about $21M from their wallets.   Currently, Scammers are entering social media and dating platforms, Facebook, WhatsApp, and several others to forcefully convince users ...

Bankrupt Crypto Lender Voyager Plans to Settle CEO, CFO Negligence Claims Related to Three Arrows Loans

When LUNA and its sister token TerraUSD began to collapse in May, Voyager sought to determine the impact on Three Arrows and was initially told Three Arrows had only limited exposure to LUNA. Later in...

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds

A retirement account trust company is suing the crypto exchange Gemini for failing to have the “proper safeguards in place” to protect its customers’ assets. IRA Financial Trust alleges hackers stole ...

Larry Nassar Abuse Survivors File $130 Million In Claims Against FBI Over ‘Gross Negligence’ In Handling Of Assault Case

Topline More than a dozen women who were assaulted by former USA Gymnastics team doctor Larry Nassar filed $130 million in claims Thursday against the FBI over the bureau’s “grossly negligent failure”...

Shopify slammed with lawsuit over negligence in Ledger breach

TL; DR Breakdown Shopify faces suit over negligence Plaintiffs unhappy with late information Shopify had access to Ledger’s user database Commerce investment platform, Shopify is in deep legal waters ...