Ripple Faces Another Lawsuit Over its XRP Asset

TheMerkle R3 Ripple LawsuitRipple has always been a company that attracts a lot of attention in the cryptocurrency world. Unfortunately, that also means that the company has to deal with lawsuits every now and then. Speaking of lawsuits, a new one has been filed by Bitcoin Manipulation Abatement LLC.  Another Ripple Lawsuit Pops up According to that group, Ripple and CEO Brad Garlinghouse have violated security laws while marketing XRP. The lawsuit is filed in a US federal district court. It claims how investors were misled and lied to as XRP was sold as an unregistered security.  Interestingly enough, this is not the

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Craig Wright Claims Satoshi Nakamoto ‘Never Used Bitcointalk’ to Communicate

Craig Wright Claims Satoshi Nakamoto 'Never Used Bitcointalk' to CommunicateThe mysterious Craig Wright, the man who claims to be Satoshi Nakamoto, was recently ordered to produce 11,000 documents and answers after Judge Beth Bloom overruled the defendant’s recent objections. However, the coronavirus outbreak has given Wright some leeway, as the Florida court system is slow and not up to par right now. Moreover, Wright’s […]

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‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation

'Black Thursday' Liquidations Sparks $28M Lawsuit Against Maker FoundationThe Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black […]

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Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed

Judge Grants Injunction Halting Telegram's TON Release Once Again, Notice of Appeal Reportedly FiledThe embattled Telegram Open Network (TON) blockchain and its native gram cryptocurrency have seen plans for launch stifled once again, with a preliminary injunction granted by Southern District of New York Judge P. Kevin Castel. The March 24 injunction sides with the U.S. Securities and Exchange Commission (SEC), concluding that the messaging giant’s plans “amount […]

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