Crypto miner Compass Mining has been sued by its customers for alleged fraud. Customers have demanded over $2 million for the mining firm’s failure to return their equipment. The issue stems from Comp...
Tag: Sued
NY County Sued over Approval of Crypto Mining Operation
Earthjustice filed a suit with the Supreme Court of Albany County. The lawsuit was filed citing violations of CLCPA in the approval of a PoW crypto mining operation. The 24/7 crypto mining operations ...
Coinbase Is Getting Sued; Return Everyone’s SGB and FLR Back
The Attorney said, “We are suing CoinBase to get everyone their SGB and FLR back.” Attorney Rispoli alleges CoinBase of fraud, misinterpretation, and unfair competition. Complaint filed against Coinba...
New York sued by environmental group after approval of crypto mining facility: Report
The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state. According to The Guardian, the ...
Genesis and Gemini Get Sued By The SEC- Find Out More
Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission (SEC) has charged crypto firms Genesis and Gemini for allegedly selling unregistered...
Ex-Celsius CEO sued by NYAG; Polygon proposes hard fork
The biggest news in the cryptoverse for Jan. 13 saw Celsius’ former CEO face a NYAG lawsuit as the company announced plans to sell off its mining rigs. Meanwhile, Polygon proposed a hard fork, Crypto....
Former Celsius CEO sued for allegedly defrauding customers
New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC. James said that Mashinsky violated the Martin Act and New York’s E...
Why SEC Sued Ripple Labs? Unfolding The Real Reason
In late 2020, the SEC filed a lawsuit against Ripple Labs, alleging that the company had violated federal securities laws by selling XRP, which the SEC considered to be a security, without registering...
Fir Tree Sued Grayscale. Now, GBTC’s Overseer Is Retaliating
Grayscale Investments is ready to fight back. Fight back, that is, against accusations rendered by TradFi hedge fund firm Fir Tree Partners, which has repeatedly — in public declarations and its ongoi...
Trader Joe’s sued over lead and cadmium in dark chocolate
Trader Joe’s customers in New York filed two separate class-action lawsuits against the company this week, alleging that the grocery store chain failed to warn customers about heavy metals found...
Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions
New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, former CEO of the bankrupt crypto lending platform Celsius Network, for defrauding investors – including 26,00 people fr...
Alex Mashinsky sued by NY AG for allegedly hiding Celsius’ ‘dire financial condition’
New York Attorney General Letitia James has filed a lawsuit against Alex Mashinsky, alleging the Celsius founder and former CEO made numerous “false and misleading statements” which led to investors l...
Celsius CEO Alex Mashinsky Sued By New York’s Attorney General
On Thursday, the attorney general of the state of New York filed a civil lawsuit against Alex Mashinsky, founder of the crypto-focused company Celsius Network; accusing him of plotting to defraud hund...
Celsius Founder Alex Mashinsky Sued By New York Attorney General
New York Attorney General Letitia James has sued the founder and former CEO of collapsed crypto bank Celsius, Alex Mashinsky. According to the AG, Mashinsky misrepresented the financial condition of ...
Former Celsius Founder Sued by NY Attorney General
The Attorney General of New York State has filed a lawsuit against the co–founder and former CEO of bankrupt crypto lender Celsius Network. New York Attorney General Letitia James said she was suing A...
Celsius’ Mashinsky Finally Sued by NY Attorney General
Key Takeaways New York Attorney General Letitia James filed a civil suit against former Celsius CEO Alex Mashinsky today. James claims Mashinsky defrauded investors by making false statements about th...
Twitter Sued for Nonpayment of Rent on San Francisco Office
(Bloomberg) — Twitter Inc. was sued for failing to pay $136,250 in rent for its office space in San Francisco. Most Read from Bloomberg The landlord, Columbia Reit – 650 California LLC, sa...
Gemini Sued Over Interest-Earning Produc
Crypto exchange Gemini is being sued by investors over the sale of its interest-earning crypto products, court filings from Tuesday show. The exchange abruptly halted its Gemini Earn program in Novemb...
Gemini sued over Interest-Earning Program: Twins Accused of Deceit
Gemini halted the Interest-Earning program abruptly post-FTX collapse. The program used to provide interest on assets kept. But the firm failed to register them as securities as per the law. Post-ha...
Winklevoss Twins and Gemini Sued for Fraud Over Interest Accounts: Report
A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securi...
Gemini Sued For Offering Unregistered Securities
Several investors have sued crypto exchange Gemini and its founders for offering Gemini’s Earn product without registering it as a security. Disgruntled investors claimed that Gemini’s failure to regi...
Binance In Legal Trouble, Sued For 2.4 Million Euros
As a result of the failure of rival cryptocurrency exchange FTX, Binance, which is the biggest cryptocurrency business in the world, has had a difficult few weeks. In addition, its token, BNB, has bee...
Bitcoin miner, Blockware, sued for deception and fraud
The London-based private firm, Faes & Company Limited, has filed a lawsuit against the bitcoin (BTC) miner firm, Blockware Solutions LLC. Faes, in a lawsuit filed at the United States District Cou...
French investors sued Binance for over 2.4 million euros in losses
Binance France and its parent company Binance Holdings Limited are being sued by 15 investors in France over alleged misleading commercial practices and fraudulent concealment, according to local medi...
Blockware sued over alleged misrepresentation of miners’ performance
London-based Faes & Company filed a complaint against crypto mining firm Blockware Solutions LLC on Dec. 17, claiming it misrepresented the performance capability of its miners and lacked adequate...
PokéWorld NFT sued – The Cryptonomist
The PokéWorld NFT game has been sued by the real The Pokémon Company International because it would not have a license to use the real company’s intellectual property. PokéWorld NFT is not licensed t...
USC And 2U Sued Over U.S. News Ranking Claim, Report Says
Topline The University of Southern California and education company 2U have been sued for allegedly misrepresenting the influential U.S. News & World Report college rankings to attract students to...
Finder Wallet sued by Australian regulators for unlicensed Earn product
Finder Wallet, the cryptocurrency offshoot of Finder, has been sued by the Australian Securities and Investments Commission (ASIC) for its Earn product which offered customers a way to earn yield on t...
Finder.com sued by Australian regulator over its crypto yield product
Financial product comparison website Finder.com is being sued by Australia’s financial services regulator for allegedly offering a cryptocurrency yield-bearing product without the required license. It...