Lawsuits

Lawsuits

CFTC Asked to Provide Opinion in SEC Case Against Telegram ICO

A U.S. judge has asked lawyers from the Commodity Futures Trading Commission (CFTC) to provide an opinion in the case brought by the Securities and Exchange Commission (SEC) against Telegram's $1.7 billion token sale.

Policy & regulation  ·  7 February 2020
Lawsuits

US Judge Dismisses Bitcoin Cash ‘Hijack’ Lawsuit Against Bitmain, Kraken

A U.S. court has dismissed UnitedCorp's market manipulation lawsuit against Bitmain, Kraken, Bitcoin.com and others without prejudice.

News  ·  5 February 2020
Lawsuits

Craig Wright ‘Abusing’ Privilege to Block 11,000 Documents, Kleiman Lawyers Say

The filing says Wright has abused attorney-client privilege to withhold documents from the court.

Policy & regulation  ·  5 February 2020
Regulation

Opporty Founder Calls SEC Suit ‘Grossly Overstated’ in Public Defense

In an open letter, Sergey Grybniak claims his firm followed all regulatory guidance available at the time of its 2017–2018 initial coin offering.

Policy & regulation  ·  28 January 2020
Tron

Former Employees Sue Justin Sun and Tron Foundation, Alleging Workplace Hostilities

A lawsuit accuses Justin Sun and the Tron Foundation of harassing and firing two employees as payback for objecting to management practices.

Tech  ·  27 January 2020
Lawsuits

Crypto Exec’s $1.8M SIM-Swap Lawsuit Has ‘Critical Holes,’ Says AT&T

AT&T has again argued against allegations it was in part responsible for a SIM-swap hack that cost crypto exec Seth Shapiro $1.8 million.

Policy & regulation  ·  24 January 2020
Coinbase

Coinbase Hands Nearly $1M to Cryptsy Victims After Settling Class Action Lawsuit

Coinbase will fork over $962,500 after settling a class action lawsuit which alleged Cryptsy founder Paul Vernon used the U.S. exchange to launder his victims' funds.

News  ·  13 January 2020
Tether

Suit Alleging Tether and Bitfinex Manipulated Bitcoin Market Has Been Revised

A class-action that alleged Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs.

News  ·  10 January 2020
Exchanges

Ex-Kraken Employee Alleges ‘Unethical and Illegal Tactics’ in Discrimination Lawsuit

The cryptocurrency exchange is being sued by an ex-employee who alleges the company unfairly fired him for raising serious issues with its business practices.

Business  ·  18 December 2019
Mining

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners.

Business  ·  9 December 2019
Lawsuits

Telegram Founder Durov Should Testify in SEC Case Over Gram Token: Judge

Telegram's founder and CEO Pavel Durov, plus two other employees, should be deposed to give testimony in the SEC case over whether the gram token is a security, a judge has ordered.

News  ·  26 November 2019
Tether

Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market

Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit "mercenary and baseless."

News  ·  25 November 2019
Lawsuits

Overstock Class Action Claims SEC Blocked Firm’s Digital Dividend Lockup

An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.

Policy & regulation  ·  30 September 2019
Lawsuits

Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

Policy & regulation  ·  20 September 2019
Lawsuits

Judge Recommends Ruling in Favor of Kleiman in Craig Wright Case

A magistrate judge has recommended that Craig Wright turn over 50% of his bitcoin and intellectual property from before 2014 to Ira Kleiman.

Policy & regulation  ·  26 August 2019