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US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 revenue. дальше »

2024-10-4 12:33


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Binance slapped with a new class-action lawsuit in Canada

Cryptocurrency exchange Binance is embroiled in a legal battle in Canada as it faces a class-action lawsuit for allegedly breaching local securities laws. The lawsuit, filed in Ontario’s Superior Court of Justice, accuses Binance of selling crypto derivative products to retail investors without proper registration, contravening the Ontario Securities Act (OSA) and federal law. The […] дальше »

2024-4-24 12:09


Cristiano Ronaldo May Settle Binance Lawsuit For $750K To Avoid Public US Trial

Superstar soccer player Cristiano Ronaldo is currently entangled in a class-action lawsuit that alleges investor damages resulting from his endorsement of cryptocurrency exchange Binance.   The lawsuit claims that Ronaldo’s collaboration with Binance to promote his non-fungible token (NFT) collections led unsuspecting investors to make unregistered securities investments. дальше »

2023-12-1 05:00


Coinbase’s Dogecoin Sweepstakes Case To Be Decided By The Supreme Court

In a recent development, the United States Supreme Court has decided to take on a lawsuit related to a Dogecoin sweepstakes, which involves Coinbase and its customers. This comes almost a year after the US District Court for the Northern District of California initially denied the exchange’s motion to force the class-action lawsuit to arbitration.  […] дальше »

2023-11-4 16:00


Binance And CEO Draw Legal Fire Over Claims Of FTX Manipulation

In a class-action lawsuit filed on October 2 in the District Court of Northern California, Binance (Binance Holdings Limited, BAM Trading Services, BAM Management US Holdings) and its CEO Changpeng Zhao (“CZ”) are facing serious allegations surrounding attempted monopolization of the crypto market, purportedly through damaging strategies against their competitor FTX. The legal battle spearheaded […] дальше »

2023-10-3 10:38


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US Supreme Court rules in favour of Coinbase

In a partisan ruling on June 23, the US Supreme Court ruled in favour of the cryptocurrency exchange Coinbase, putting an end to legal actions brought against it in two California cases. In the class-action lawsuits, the plaintiffs claimed Coinbase failed to offer adequate relief after users lost money and that the company had engaged […] The post US Supreme Court rules in favour of Coinbase appeared first on Invezz. дальше »

2023-6-23 19:44