Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales

Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT SalesAccording to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting investors.” Law Firm Seeks Investors Who “Suffered Losses” From Yuga Labs Products The […]

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Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year

Jed McCaleb's Ripple Stash Down to 81 Million — Co-Founder's XRP Cache Likely to Dry up This YearAfter selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left. […]

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Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks

The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks. […]

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Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’

Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra's UST as SafeA class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last few years. The lawsuit accuses Binance US of marketing […]

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