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
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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
Bitcoin Lawsuit: Lawyers Accuse Craig Wright of Forgery, Can’t Locate Former Nchain CEO
The Kleiman v. Wright lawsuit in Florida continues to unravel as the plaintiff’s law firm has accused Craig Wright of forging documents that allegedly stemmed from the mysterious bonded courier. Kleiman’s attorney has scheduled a few more depositions with people like Wright’s wife and London Books author Andrew O’Hagan. Kleiman’s legal team also wants to … Read more
Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors
A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit … Read more
Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission
The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent blog post makes it seem like “legal redress” is coming to … Read more
XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins
Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is poised for a price jump in the future. Additionally, crypto enthusiasts have been discussing Ripple … Read more
Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit has been postponed. But even a … Read more
Coinbase Avoids Cryptsy Lawsuit Going to Trial by Paying Just Under $1 Million in Damages
The Cryptsy exchange used to be one of the biggest trading platforms in the world. When it eventually met its demise – and took customers’ money – a lawsuit was filed. The victims of this defunct exchange wanted to get their money back, which is only normal. The end of the Cryptsy Saga, for now … Read more
