Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price

Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA's Market PriceOn Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have […]

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Ripple CEO’s Public Statements About XRP Token Under Fire in Class-Action Lawsuit

Ripple CEO's Public Statements About XRP Token Under Fire in Class-Action LawsuitPlaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed. Also read: Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’ Plaintiffs Accuse Ripple Labs […]

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Self-Styled Satoshi Accused of PGP Forgery in Kleiman vs Wright Lawsuit

Self-Proclaimed 'Satoshi' Accused of PGP Forgery in Kleiman v. Wright LawsuitThe Southern District Court of Florida case, Kleiman v. Wright, continues to be one of the 10 most monitored court dockets in the state. On April 28, the Kleiman estate’s legal team responded to Wright’s most recent motion to dismiss the case by claiming that Wright submitted a forgery as evidence and allege the fraudulent […]

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Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan VerdictMark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony Motto and Gregory Greene accuses Karpeles of criminal conversion and fraud. Also read: Kraken Offers $100K Reward […]

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Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked Coins

Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked CoinsA class action lawsuit is being prepared by a group of lawyers in Japan over forked coins that cryptocurrency exchanges are not granting to their customers. Citing that these coins belong to the customers, the group seeks to change the business practices of crypto exchanges and obtain the forked coins for the plaintiffs. Also read: Yahoo! […]

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132 Customers File Class Action Lawsuit Against Coincheck

132 Customers File Class Action Lawsuit Against CoincheckThis week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the […]

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