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A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. The Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam to come forward. […]Powered by WPeMatico
After a crippling hack, KuCoin looks to return to normalcy — but what’s next for the troubled exchange?
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Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted for zero compensation. The day after March 12, otherwise […]
The post Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism appeared first on Bitcoin News.
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Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google, Facebook, and Twitter Taken to Court Over Crypto Ads Ban Cryptocurrency […]
The post Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads appeared first on Bitcoin News.
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Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ Plaintiffs Accuse Ripple Labs […]
The post Ripple CEO’s Public Statements About XRP Token Under Fire in Class-Action Lawsuit appeared first on Bitcoin News.
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A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit […]
The post Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors appeared first on Bitcoin News.
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Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal battles. […]
The post Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District appeared first on Bitcoin News.
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A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble […]
The post Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex appeared first on Bitcoin News.
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It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses — are most intense where the money and […]
The post Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed appeared first on Bitcoin News.
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Shall Law Firm, an American shareholder rights litigation firm, has announced the filing of a class action lawsuit against Nvidia with regards to statements pertaining to the company’s outlook regarding the effect that declining cryptocurrency prices could have on the performance of its shares. Also Read: Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in […]
The post Litigation Firm Files Lawsuit Against Nvidia for Statements Regarding Crypto appeared first on Bitcoin News.
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