Gamza Khanzadaev ‘Ethereum (ETH) is not a security’ class action attracts first thousand participants CryptoLaw founder John Deaton has announced that the first thousand participants have ...
Tag: Suit
Deaton Plans to Counter Suit As Regulators Allege Ethereum is Security After XRP
After XRP, Regulators Allege Ethereum (ETH) Is a Security. The NYAG alleges that ETH passes Howey’s test, positing that it “is a speculative asset that relies on the efforts of third-party developers ...
rejects class action suit against FTX- The Cryptonomist
The FTX exchange has recently come under fire from investors with several proposed class action lawsuits against the now-bankrupt crypto company. This attempted class action comes from investors who a...
Judge signs off on Voyager agreement to reserve $445 million after Alameda suit
A federal judge approved a stipulation between Voyager Digital and FTX, which includes an agreement that Voyager will set aside $445 million after an FTX entity sued it for loan repayments. The...
Judges hear oral arguments in Grayscale suit against SEC over BTC spot ETF rejection
A panel of judges heard oral arguments in the Grayscale Investments suit against the United States Securities and Trade Commission (SEC) on March 7. Grayscale is challenging the SEC order not to appro...
Feds File Antitrust Suit Against JetBlue Over Spirit Merger—Putting $3.8 Billion Deal In Jeopardy
Topline Federal prosecutors filed an antitrust lawsuit against JetBlue to prevent its blockbuster $3.8 billion merger with Spirit Airlines on Tuesday, preventing what would be the country’s fifth-larg...
Green United Mounted $18M Crypto Mining Scam: SEC files Suit
Utah-based Green United, $18 million worth of faulty mining equipment. They promoted non-existent Green Blockchain and mining on GREEN tokens. The SEC recently filed a suit against Green United for s...
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Gr...
Voyager agrees to reserve $445m after suit from Alameda Research
Legal • February 27, 2023, 6:06PM EST Published 1 hour and 30 minutes earlier on Defunct crypto lender Voyager Digital agreed to reserve $445 million after the firm was sued by bankrupt trading firm A...
Kim Kardashian and Floyd Mayweather Jr. bash EMAX suit
Reality star Kim Kardashian, boxing promoter Floyd Mayweather, and other celebrities are attempting to persuade a judge to toss out a revision of the lawsuit that seeks to hold them responsible for al...
FTX Files Suit Against Voyager Digital For Nearly $500 Million
FTX – the now defunct crypto exchange that was previously run by founder and head executive Sam Bankman-Fried – is suing former crypto lending platform Voyager Digital for nearly $500 million. FTX and...
Jump Trading is the center of the ongoing SEC-Terra suit
Jump Trading is the masked “U.S. trading firm” that the United States Securities and Exchange Commission (SEC) accused of propping the TerraUSD, UST, and preventing the stablecoin from de-pegging in 2...
FTX investors file class-action suit against Sequoia
According to reports, users of the now-defunct cryptocurrency exchange FTX have taken aim at financiers who marketed the platform, arguing that their efforts provided a “air of legitimacy”...
Cryptocurrency exchange Kraken settles SEC crypto staking suit
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Crypto exchange Kraken will shutter its U.S. cryptocurrency staking operation and pay a $...
Signature Bank In Trouble; Law Suit Filed Against Crypto-Friendly Bank
Join Our Telegram channel to stay up to date on breaking news coverage New York-headquartered crypto-friendly bank is finding itself in some deep trouble as investigation around the FTX fiasco of 2022...
Yuga Labs Settles With Ryder Ripps Collaborator in Trademark Suit
Yuga Labs, the $4 billion company behind dominant NFT brand Bored Ape Yacht Club (BAYC), notched a small but potentially meaningful victory in its ongoing legal battle against the conceptual artist an...
Malone, Charter Directors Settle Suit Over Time Warner Deal
(Bloomberg) — John Malone and his former colleagues on Charter Communications Inc.’s board have settled claims the billionaire unfairly benefited from the $79 billion purchase of Time Warner Cab...
Logan Paul Named in Proposed Class-Action Suit for CryptoZoo ‘Rug Pull’ After CoffeeZilla Expose
“As part of Defendants’ NFT scheme, Defendants marketed CryptoZoo NFTs to purchasers by falsely claiming that, in exchange for transferring cryptocurrency to purchase the CryptoZooNFT, purchaser...
Coinbase stock jumps 14% after federal securities suit dismissed
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Staple...
Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit – Altcoins Bitcoin News
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Li...
Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250 – Economics Bitcoin News
Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Manage...
U.S. Sues Google Over Alleged Advertising Monopoly—Latest Tech Antitrust Suit
Topline The Department of Justice and eight states filed a civil antitrust lawsuit against Google on Tuesday, claiming the tech giant abuses its monopoly on online advertising technology and has stifl...
Trump and lawyer Habba fined $1 million over ‘frivolous’ suit against Hillary Clinton
NEW YORK (AP) — A Florida judge sanctioned former President Donald Trump and one of his attorneys, ordering them to pay nearly $1 million for filing what he said was a bogus lawsuit against Trump’s 20...
Grayscale files brief in ETF suit against SEC, oral arguments may come within months
Grayscale filed a reply brief in its appeal of the United States Securities and Exchange Commission (SEC) denial of its application to convert its $12-billion Grayscale Bitcoin Trust (GBTC) into a spo...
El Salvador’s Alejandra Guajardo Walks Miss Universe Stage in Glowing Bitcoin Suit
The Miss Universe 2023 contest had various show-stopper moments during its National Costume Competition today. But for the cryptocurrency sector, it came when El Salvador’s Alejandra Guajardo sashaye...
Grayscale sends reply brief to SEC in ETF Suit: What’s next?
Grayscale has filed a reply brief in its appeal against the denial of the SEC’s application to convert its $12 billion GBTC into a spot-based Bitcoin ETF. Grayscale also claimed that the SEC overstepp...
Mark Cuban To Be Deposed Next Month in Voyager ‘Ponzi’ Suit
“Shark Tank” billionaire Mark Cuban is set to be deposed as part of a class-action lawsuit over his role in promoting failed crypto lender Voyager to millions of Americans. A number of Voyager users f...
Silvergate Faces Another Securities Law Class-Action Suit
On January 10, a class-action lawsuit was brought against Silvergate Capital, which is the parent corporation of Silvergate Bank and the operator of the Silvergate Exchange Network. The lawsuit was fi...
Investment Firm Dismisses Fraud Suit Against Terraform Labs
Albright Capital voluntarily dismissed a class-action lawsuit against Terraform Labs. The lawsuit alleged that TFL committed fraud and focused on the UST stablecoin, among other things. Terraform Labs...