Lawsuits

YouTube

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing

Schwartz's channel was suspended for impersonation, but he's no idea why.

Business  ·  29 April 2020
Lawsuits

SEC Opposes Blockchain Association’s Brief Supporting Kik, Says Group Isn’t ‘Neutral’

The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.

News  ·  28 April 2020
ICOs

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

News  ·  25 April 2020
ICOs

SEC Sues Dropil Founders for Fraud After $1.8M Token Sale

The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.

News  ·  24 April 2020
YouTube

Ripple Sues YouTube for Allowing ‘Scams’ That Promise Free XRP

Ripple Labs and CEO Brad Garlinghouse are suing YouTube over allegations that the video streaming giant has failed to police its platform against fake XRP giveaway scams, resulting in monetary damage to users and reputational harm to Ripple.

News  ·  21 April 2020
MakerDAO

MakerDAO Users Sue Stablecoin Issuer Following ‘Black Thursday’ Losses

A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”

Tech  ·  14 April 2020
Crime

OneCoin Lawsuit Could Be Thrown Out Over Plaintiff Failings, Warns Judge

A class action against the accused cryptocurrency Ponzi scheme may be dismissed with prejudice unless the plaintiffs up their game.

Policy & regulation  ·  13 April 2020
Binance

Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales.

Policy & regulation  ·  6 April 2020
Lawsuits

Victims Accuse Wells Fargo Subsidiary of Turning Blind Eye to $35M Crypto Ponzi

Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors.

Policy & regulation  ·  6 April 2020
Crime

AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn’t Read Terms

Terpin claims he lost $24 million in crypto due to AT&T's negligence. The firm says he didn't read the company's policy documents.

Policy & regulation  ·  1 April 2020
Lawsuits

Amended Lawsuit Against Ripple Now Offers Theory That XRP May Not Be a Security

While the lawsuit against Ripple Labs still alleges the firm broke securities laws, the plaintiffs now seem to be hedging their bets.

Policy & regulation  ·  1 April 2020
Lawsuits

Mark Karpeles Accuses Plaintiff in Mt. Gox Lawsuit of Attempting to ‘Thwart’ Court

Karpeles accused Greene of trying to change claims ahead of a possible summary judgment.

News  ·  18 March 2020
Cardano

Fintech Think Tank Takes Legal Action Against Cardano Foundation

London-based think tank Z/Yen has taken legal action against the Cardano foundation for allegedly terminating a 2017 agreement.

News  ·  17 March 2020
Cryptocurrency

Chase Bank Settles Suit Over ‘Sky-High’ Credit Card Charges for Crypto Purchases

The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies with his credit card.

Policy & regulation  ·  12 March 2020
Lawsuits

EFF Defends Ex-Kraken Employee’s Right to Post Anonymously About Company

The Electronic Frontier Foundation is defending a former Kraken employee embroiled in a lawsuit over an anonymous review of the crypto exchange on Glassdoor.

Policy & regulation  ·  13 February 2020