Lawsuits

Lawsuits

Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering

Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.

Policy & regulation  ·  25 June 2020
Lawsuits

Kleiman Bitcoin Case Heads to Trial as Motion for Sanctions Against Craig Wright Is Denied

A Florida judge threw out a motion for sanctions against Wright saying the lawsuit over 1.1 million BTC would be better decided by a jury.

Policy & regulation  ·  25 June 2020
Bitcoin

Ex-Bitcoin Dev Settles Defamation Suit Over Sex Assault Claims

Former Bitcoin developer Peter Todd has settled his defamation suit against fellow a privacy-tech expert who publicly accused him of sexual misconduct.

People  ·  16 June 2020
Lawsuits

Ripple Says XRP Lawsuit Fails to Show CEO Committed Fraud

Ripple's court filing says CEO Brad Garlinghouse could still be "long" on XRP and sell a claimed 67 million tokens on the open market.

Policy & regulation  ·  9 June 2020
Lawsuits

Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin

A crypto trader is trying to seize nearly 500 bitcoins from exchanges Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring his stolen funds.

News  ·  4 June 2020
Tether

Bittrex, Poloniex Added to Lawsuit Claiming Tether Manipulated Bitcoin Market

An amended lawsuit alleging Tether and Bitfinex manipulated the bitcoin market is now claiming Poloniex and Bittrex were also involved.

News  ·  4 June 2020
Lawsuits

Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers

The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.

News  ·  1 June 2020
ICOs

BitClave Search Engine Agrees to Pay Back $25M ICO in Settlement With SEC

BitClave will pay back over $25 million in a settlement with the SEC stemming from a 2017 token sale.

Policy & regulation  ·  28 May 2020
Regulation

Telegram Quits Court Fight With SEC Over TON Blockchain Project

Telegram has thrown in the towel in its court battle against the U.S. Securities and Exchange Commission and will no longer be appealing the ban on its blockchain token project.

Policy & regulation  ·  25 May 2020
EOS

Block.one Failed to Decentralize EOS, Argues New Securities Fraud Lawsuit

The plaintiffs – a crypto fund and an individual investor – are seeking compensatory damages from Block.one and other defendants.

Policy & regulation  ·  19 May 2020
Security Tokens

Overstock Files to Dismiss ‘Meritless’ Fraud Lawsuit Over Its Digital Dividend

The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.

Policy & regulation  ·  14 May 2020
Lawsuits

Telegram Agrees to Give SEC Bank Records, Communications in Ongoing TON Lawsuit

Telegram will fork over bank records and communications with its investors in an agreement with the SEC as part of the agency's ongoing lawsuit.

News  ·  9 May 2020
Lawsuits

‘Massive Adoption’ Conference Organizer Sued After Refund Delays

A lawsuit filed by David Silver on behalf of Massive Adoption attendees alleges fraud, unjust enrichment and breach of contract on the part of organizer Jacob Kostecki after they did not receive refunds for the canceled crypto conference.

Business  ·  8 May 2020
Lawsuits

Mysterious Company Files New Lawsuit Over Ripple’s $1.1B XRP Sale

The lawsuit alleging Ripple violated U.S. securities laws comes from a company that previously accused FTX of price manipulation.

Business  ·  5 May 2020
Bitcoin Mining

US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot

A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price.

Business  ·  4 May 2020