Kevin Hart’s Role in ICO Scam May Go Unpunished
The plaintiffs claim that Hart’s endorsement pumped the price of an illiquid and unregistered security ahead of a non-existent ICO Go to Source Powered by WPeMatico
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‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
The 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 … Read more
Craig Wright Abandons Libel Suit Against Adam Back, Pays All Legal Fees
Craig Wright has withdrawn his libel suit against the Blockstream CEO for calling the self-proclaimed Satoshi Nakamoto a fraud Go to Source Powered by WPeMatico
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
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