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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 clarifies it never owned WazirX, demands accountability

Binance has distanced itself from the ongoing struggles of the Indian crypto exchange WazirX in a Sept. 17 statement. According to Binance, WazirX co-founder Nischal Shetty made several misleading statements that suggested the exchange might be responsible for the losses suffered by Indian crypto trading platform users after a $235 million hack in July. дальше »

2024-9-18 19:18


Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project

Australia's Securities and Investment Commission (ASIC) has sued Australia’s largest market operator, ASX Limited, for allegedly making misleading statements about how its blockchain project was progressing to replace its aged Clearing House Electronic Subregister System (CHESS) before revealing it was failing, it announced Wednesday. дальше »

2024-8-15 10:15


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Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. This means the case would go to trial, and a jury would decide if the Ripple boss had misled investors into investing in the digital asset […] The post Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse appeared first on CryptoSlate. дальше »

2024-6-21 15:16


No Ties To OpenAI: Worldcoin Drops 9% As Top Trader Issues Warning

Worldcoin (WLD) has seen its value plummet by nearly 9% in just 24 hours, with the price settling at around $5. 20. This decline aligns with a critical analysis issued by DeFi^2 (@DefiSquared), the current top trader on the crypt exchange Bybit, who has raised concerns about the potential for substantial inflationary pressures and misleading marketing associated with Worldcoin. дальше »

2024-5-14 11:00


House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question. дальше »

2024-5-1 00:40


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McHenry slams Gensler for misleading Congress about Ethereum’s classification

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate. дальше »

2024-4-30 21:39


Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app. дальше »

2024-4-8 21:51