2020-4-2 18:05 |
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
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Some investors have filed an amended complaint in their lawsuit against the Blockchain firm, Ripple. The refiled two-year class action now includes new allegations that add weight to the investors’ claim of fraudulent practices by Ripple and its CEO, Brad Garlinghouse.
2020-4-2 22:16 | |
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A lawsuit filed by XRP investors against Ripple Labs has been going on for almost two years now. The plaintiffs, led by Bradley Sostack claimed that the San Francisco-based blockchain firm sold them XRP as an unregistered security.
2020-3-27 17:53 | |
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Thailand is set to legalize the issuance of tokenized securities using blockchain technology with a recent amendment to the Securities and Exchange Act. Thailand to Greenlight STOs Thailand’s National Legislative Assembly has reportedly approved an amendment to the existing Securities and Exchange Act on February 8th, according to the Bangkok Post.
2019-2-23 04:00 | |
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In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.
2018-9-28 23:15 | |
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Coin Center has stepped up its defence of crypto developers, arguing that publishing software code should be treated as protected speech under the U.S. Constitution. According to a report released Monday by Coin Center, Executive Director Peter Van Valkenburgh and…
Kalshi hired Stephanie Cutter as policy adviser as lawsuits, CFTC disputes, and congressional scrutiny around prediction markets continued.
U.S. lawyers are filing AI-generated briefs with fictitious citations at an accelerating pace, court sanctions are setting new records, and the technology is spreading so deeply into legal software that experts say mandatory disclosure rules may already be obsolete. U.S.…
Washington sued Kalshi over event contracts, adding to claims that its platform offers unlicensed gambling across local markets nationwide.
Binance has rejected allegations that its platform allowed transactions linked to entities in Iran. The exchange issued a response on March 6 to a letter sent by Richard Blumenthal regarding sanctions compliance and anti-money laundering controls. The inquiry referenced several…
The Nevada Gaming Control Board has filed a civil enforcement action against KalshiEX LLC, accusing the federally regulated prediction market of offering unlicensed wagering in the state. Nevada moves to block Kalshi’s event trading In a complaint filed in Carson…
Capital One Financial Corporation has received preliminary court approval for a $425 million settlement to resolve a class-action lawsuit involving interest rate payments on savings accounts, according to the settlement administrator's portal.