The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed.
Category: damages
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Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders
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Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms
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Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
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Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs
Police in Iceland charged seven individuals for conspiracy, burglary, and theft for stealing from the region’s mining facilities. Iceland prosecutors are charging the suspects with over $871,000 in stolen goods, but the group of individuals are also being sued for $1.7 million in damages from three separate mining firms. Also read: James Bond-Like Villain in $2 […]
The post Iceland’s ‘Big Bitcoin Heist’: Suspects Charged With Over $2M in Stolen Mining Rigs appeared first on Bitcoin News.
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Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A […]
The post Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages appeared first on Bitcoin News.
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Japanese Bank Mizuho is Being Sued by Mt Gox Customer
According to regional reports the Japanese financial institution, Mizuho Bank, is being accused of creating issues for Mt Gox customers who were hoping to withdraw funds after the exchange collapsed. Allegedly, even though the bank stopped processing Mt Gox withdrawals, it continued to accept deposits right before the exchange went under. Also Read: Bitcoin Cash Fans Celebrate […]
The post Japanese Bank Mizuho is Being Sued by Mt Gox Customer appeared first on Bitcoin News.
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