Lawsuit

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Coinbase Sues 3 States as Prediction Markets Trigger Federal Versus Gambling Law Clash

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Coinbase is escalating a high-stakes legal fight over prediction markets, arguing federal law — not state gambling rules — governs event contracts, a clash that could reshape U.S. financial innovation, regulatory authority, and market access. Coinbase Challenges State Gambling Laws Over Prediction Markets Prediction markets are increasingly shaping debates over financial innovation, market structure, and … Read more

New York Judge Allows Expanded Claims in Pump.fun and Solana Class-Action Case

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A federal judge in New York has cleared the way for plaintiffs to expand their class-action lawsuit against Pump.fun, Solana Labs, the Solana Foundation, and Jito Labs, allowing new allegations tied to alleged insider advantages in token launches to move forward. Solana Labs, Solana Foundation and Jito Named in Expanded Pump.fun Complaint After Court Ruling … Read more

FTX Recovery Trust Sues Genesis Digital Assets, Seeks $1.15B Clawback

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FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer money. FTX Estate Sues Genesis Digital Assets The complaint, lodged Sept. 22, 2025, targets Genesis Digital Assets (GDA) entities and co-founders Rashit Makhat and Marco … Read more

Coinbase Sues Firm Over 2FA Patent Claims

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Coinbase has filed a lawsuit against Dynapass Inc., seeking a declaratory judgment that it did not infringe a patent tied to two-factor authentication and that the firm’s claims are invalid. Coinbase Seeks Court Ruling Against Dynapass Patent Claims Coinbase Inc. filed a complaint on Sept. 3, 2025, in the U.S. District Court for the Central … Read more

Roman Storm’s Tornado Cash Verdict: What It Means for Crypto

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On August 6, 2025, a federal jury issued a mixed verdict in the case brought against Roman Storm, co‑founder of Tornado Cash. Jurors deadlocked on the most serious allegations—conspiracy to commit money laundering and conspiracy to violate sanctions—and returned a conviction only on a lesser charge: conspiracy to operate an unlicensed money transmitting business. This … Read more

Rodriguez, Hill Plead Guilty in Samourai Wallet Case, Laundering Charges Wiped

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Keonne Rodriguez and William Lonergan Hill, developers of the Bitcoin privacy wallet Samourai Wallet, pleaded guilty to conspiring to operate an unlicensed money transmitting business in New York federal court on July 30, 2025. According to a report from The Rage, as part of their plea agreements, prosecutors dropped more serious money laundering conspiracy charges, … Read more

Ethereum Foundation Backs Roman Storm With $500K Ahead of Trial  

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The Ethereum Foundation has donated $500,000 to support Tornado Cash co-founder Roman Storm’s legal defense ahead of his July trial on money laundering and sanctions charges. Storm, arrested in August 2023, faces accusations of enabling criminals—including North Korea’s Lazarus Group—to launder over $1 billion through the ethereum ( ETH) privacy tool. Privacy advocates argue that … Read more