7 Crypto Firms Targeted by 11 Lawsuits in New York
The lawsuits accuse the defendants of issuing unregistered securities and failing to seek requisite licensing for their activities Go to Source Powered by WPeMatico
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Amended Ripple Class-Action Covers Possibility XRP Is Not a Security
XRP investors have amended a class action lawsuit against Ripple to cater for an outcome where the token is ruled to not be a security Go to Source Powered by WPeMatico
Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed
The 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 … Read more
SEC Seeks Early Judgement in Lawsuit Over Kik’s $100M ICO
Claiming to have “undisputed evidence” that Kik’s ICO was an unregistered securities offering, the SEC is seeking an early judgment Go to Source Powered by WPeMatico
Brave New World: Browser Challenging Google for the Future of Privacy
With an increasing number of people looking to make use of privacy-focused web tools, Brave’s daily user count recently surged past the 4 million mark Go to Source Powered by WPeMatico
Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case
The former Mt. Gox executive hopes that the court will dismiss the suit after the plaintiff changed the facts underpinning his claim against the exchange Go to Source Powered by WPeMatico
Overstock Sued by Shareholder Over Former-CEO’s $90 Million Exit
An Overstock shareholder is seeking documents that he believes will demonstrate collusion between the firm’s directors and CEO Patrick Byrne Go to Source Powered by WPeMatico
JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases
JPMorgan Chase has settled a $1 million lawsuit with three men over abrupt changes made to its credit card fees for crypto purchases in 2018 Go to Source Powered by WPeMatico
Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan misled investors and the Securities and Exchange Commission (SEC) in regards to … Read more
XRP Army Exposer Sues Twitter for Account Suspension
Golberg’s account was suspended for reportedly using abusive language to an inauthentic account — the existence of which violates Twitter’s terms of service Go to Source Powered by WPeMatico
