2020-6-29 21:03 |
The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action. origin »
Bitcoin price in Telegram @btc_price_every_hour
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On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin.
2020-6-9 02:58 | |
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Tether and Bitfinex have denounced a class-action lawsuit against them, calling it ‘baseless’. The lawsuit claims that the two companies colluded to manipulate Bitcoin’s price in 2017.
2020-6-5 20:25 | |
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Crypto exchanges Bittrex and Poloniex have been issued a summons as part of a class-action lawsuit alleging that both entities were aware of USDT‘s questionable dollar backing. Bittrex and Poloniex... The post More Bitcoin Exchanges Added to Tether Manipulation Lawsuit appeared first on Crypto Briefing.
2020-6-6 14:28 | |
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A class-action lawsuit against Tezos during its 2017 ICO may end in a $25 million settlement. The lawsuit was filed against Tezos for the illegal raising of over $232 million worth of Ether during its ICO.
2020-6-4 21:01 | |
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JPMorgan Chase Bank N. A has agreed to pay $2. 5 million to settle a class-action lawsuit against it after the bank was accused of overcharging its clients for making cryptocurrency transactions. The case was filed two years ago by a number of its clients in a Manhattan federal court.
2020-6-2 00:51 | |
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The largest bank in the United States, JP Morgan Chase has agreed to pay $2. 5 million to settle a class-action lawsuit related to charging higher fees in crypto transactions, reported Reuters on Thursday.
2020-5-31 17:06 | |
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JPMorgan Chase has reportedly agreed to pay $2. 5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances.
2020-5-29 00:15 | |
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The class-action lawsuit filed by the Kleiman Estate against Craig Wright, the self-proclaimed Bitcoin creator and former partner of late Dave Kleiman has seen several twists and turns with no definitive outcome.
2020-5-23 22:43 | |
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EOS has returned limited year-to-date profits in 2020 compared to its top cryptocurrency rivals. At 1. 80 percent, it by far is the worst-performing crypto-asset among the top ten. The ninth-largest blockchain asset stares at potential losses amid a class-action lawsuit scare.
2020-5-21 10:09 | |
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The company that conducted the initial coin offering (ICO) for the EOS token, Block.one, has had a class-action lawsuit filed against them in the Southern District of New York. The suit alleges that the company defrauded the plaintiffs through a year-long illegal ICO that raised more than US$4 billion but left investors with an unregulated asset.
2020-5-21 12:00 | |
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The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.
2020-5-14 12:10 | |
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Jacob Kostecki, the organizer behind the ‘Massive Adoption’ crypto conference, is at the receiving end of a class-action lawsuit from over 2,000 people. The lawsuit has been levied due to those who bought a tickets to one of his events, but never got a refund, even when the event was canceled by Kostecki himself. The […]
2020-5-9 23:25 | |
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The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed.
2020-5-3 15:27 | |
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A judge has given preliminary approval for a $25 million settlement in the Tezos class-action lawsuit,
2020-5-1 07:04 | |
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Although XRP’s performance has been gloomy for the longest time and Ripple is still in legal crosshairs with the class-action lawsuit filed by investors, it’s impossible to ignore the tremendous recognition that Ripple is receiving.
2020-4-29 09:08 | |
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The Maker Foundation’s troubles don't seem to fade away, as it faces a class-action lawsuit after its protocol malfunction on March 12th. This meltdown contributed to a massive fall in the crypto market, which saw a 50% fall in the price of Bitcoin, for example.
2020-4-15 21:30 | |
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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.
2020-4-16 16:45 | |
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Canaan's stakeholders have a deadline set by May to name who will represent their interests in class-action lawsuit against the mining firm
2020-4-8 00:09 | |
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In a crypto Ponzi scam that saw 150 US investors lose $35 million, Wells Fargo Advisors has been mentioned in a class-action lawsuit filed by the victims. Wells Fargo Advisors is a subsidiary of Wells Fargo and ranked as number nine in the list of the largest brokerage firms in the United States. The firm […]
2020-4-8 00:35 | |
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A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U. S. -based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York.
2020-4-6 19:30 | |
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Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors.
2020-4-5 22:03 | |
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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
2020-4-2 18:05 | |
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Plaintiffs 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.
2020-3-28 03:30 | |
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On Feb 26, Judge Phyllis Hamilton of the Northern District of California ruled that the class-action lawsuit filed by investors claiming Ripple sold unregistered securities will move forward. The judge also noted that digital assets that do not fall under securities law will be subject to laws against unfair, deceptive, or abusive acts or practices […]
2020-3-14 15:06 | |
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Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U. S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933.
2020-3-8 03:05 | |
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Coinspeaker XRP Price May Stay Under Correction as Ripple Fails to Stop Its Class-Action LawsuitRipple failed to persuade a judge in Oakland, California to dismiss the class-action lawsuit.
2020-2-29 18:00 | |
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Over the past few years, a class-action lawsuit has been building against Ripple Labs, the San Francisco-based fintech company that is known in crypto for its involvement in XRP. Unfortunately for the upstart, it was unable to get the case thrown out by the federal judge, potentially threatening its intent to go public through the […] The post Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans appeared first on CryptoSlate.
2020-2-28 16:10 | |
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Ripple has been battling a class-action lawsuit for a long time now. The fintech firm filed a motion to dismiss the lawsuit late last year. However, a judge at the US District Court of Northern California has denied Ripple’s motion to dismiss.
2020-2-28 13:44 | |
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A lawsuit claiming Ripple violated U.S. securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm.
2020-2-27 01:33 | |
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Coinspeaker Facebook Faces Class-Action Lawsuit to Split the Company and End ‘Anti-Competitive Scheme’Facebook is battling yet another lawsuit brought by a few competitors.
2020-1-18 17:55 | |
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Coinspeaker Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle ItThough Ripple is confident that it will win its class-action lawsuit, the situation with XRP may remain unsolved.
2020-1-17 13:02 | |
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Even if the court rules in favor of Ripple’s motion to dismiss, XRP’s fate as a “currency” remains uncertain. Motion to Dismiss Ripple, the company behind the third-largest digital asset on the crypto market XRP, is battling an open-ended class-action lawsuit.
2020-1-16 09:47 | |
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Bitfinex is now being hit by two class-action lawsuits simultaneously, alleging it manipulated the BTC market in 2017
2020-1-11 01:49 | |
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The class-action lawsuit brought against Bitfinex and Tether for manipulating BTC market prices has officially been withdrawn by the complainants. According to court documents filed in the Western District of Washington on 7th January 2020, Adam Kurtz and Eric Young, the plaintiffs who had accused the two firms of manipulating BTC market prices have chosen […]
2020-1-10 19:42 | |
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Facebook — inarguably the world’s largest facial database — has a lost a federal appeal in a class-action lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent.
2019-8-9 08:11 | |
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A U. S. judge has ruled Coinbase can be sued for negligence over its contentious 2017 Bitcoin Cash (BCH) listing, describing the actions of the iconic U. S. cryptocurrency exchange as constituting “incompetence born of haste”, Bloomberg reported.
2019-8-8 13:21 | |
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As more and more reports of flaws in the Nintendo Switch’s Joy-Con controllers surface, a New England law firm is championing the players with a lawsuit against the company. If you haven’t experienced it, the fault occurs sometimes in Joy-Con that have been in use for a while.
2019-7-23 01:21 | |
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Taylor-Copeland Law and Susman Godfrey, LLP were named as co-counsel in a proposed class-action lawsuit against Ripple Labs, Inc. for allegedly failing to comply with securities regulations in the course of their ICO.
2019-6-29 00:20 | |
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Apple has marketed itself as a company that puts customers’ privacy first, but a new class-action lawsuit claims to the contrary. Leigh Wheaton, Jill Paul, and Trevor Paul — three iTunes users from Rhode Island and Michigan — filed a federal lawsuit against the Cupertino-based tech giant alleging that the company unlawfully collects and sells their iTunes listening information to third parties without informed consent.
2019-5-27 11:23 | |
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OneCoin, a controversial cryptocurrency issuer accused of running a $4 billion pyramid scheme, has been sued by a former investor over her losses. A request was also made for class-action status to be granted for the suit to include other plaintiffs who say they were scammed.
2019-5-9 13:11 | |
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By CCN: As a fervent gamer and fan of Riot Games’ flagship product, “League of Legends,” I am both ashamed and disgusted to realize I’ve devoted hundreds of hours to a company who prefers to silence employees, rather than deal with issues transparently.
2019-5-6 20:00 | |
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Stephen Palley, a prominent lawyer in the crypto community posted a tweet thread detailing the Federal Class Action lawsuit which Atonomi Token was facing for the alleged sale of an unregistered security.
2019-4-27 12:30 | |
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Boeing’s woes are stacking up. The latest blow? A class-action lawsuit filed by shareholders on Tuesday that charges that the airline defrauded them for not informing them of technical deficiencies of their ill-fated plane.
2019-4-10 21:57 | |
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Mark Karpeles, the former CEO of the defunct bitcoin exchange Mt. Gox, may eventually avoid jail time following the suspended sentence he received from a Tokyo court but his legal troubles are far from over.
2019-3-15 14:45 | |
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Jake Chervinsky, Lawyer at Kobre & Kim LLP, wrote a tweet in which he talks about the latest developments in a previously filed class-action lawsuit against Ripple. He explained that the plaintiffs in the Ripple securities class action have filed motions to remand in federal court, asking to go back once again to state court. […]
2018-12-9 20:07 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco.
2018-11-13 22:00 | |
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An attempted class-action lawsuit against the creators of Nano has been dismissed with prejudice, after the lead plaintiff withdrew his complaint. Investor Alex Brola attempted to launch the suit against the cryptocurrency’s creators on behalf of the victims of the BitGrail hack, asking a US District Court to force developers to launch a “rescue fork,” putting […] The post Nano Investor Abandons Lawsuit appeared first on Crypto Briefing.
2018-10-25 21:30 | |
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The crypto miner, listed as an OTC penny stock, is facing a class-action lawsuit for pumping its share price.
2018-10-4 19:29 | |
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Investing in Latin America isn’t harder; it’s just different. Crypto adoption here is real, demand-driven, and embedded in daily economic life.
Mesh Connect, after just five years, has vaulted to a $1 billion valuation after raising $75 million in VC; Dragonfly Capital led the effort
A16z-backed crypto startup Entropy is shutting down operations after struggling to build a business model that was “venture scale.” Founder and CEO Tux Pacific, who launched the company in late 2021, said the team has run out of viable options…
Algoz Technologies, a digital asset quant fund and SaaS solutions provider, has partnered with the Singapore-based Wealth Management Alliance Pte Ltd (WMA) to launch the AiQP Meta Fund in Southeast Asia.
For decades, the most valuable tech companies in the world remained effectively inaccessible. Hecto's Ultan Miller says that era is over.
The end of the airdrop season is a sign of maturation for crypto. The sector is finally building the infrastructure of real capital markets.
Kalshi has just fended off a legal challenge from three California tribes, allowing the prediction market platform to continue offering sports-event contracts. Kalshi Inc., a U.S.-based prediction market platform, has successfully fended off a preliminary injunction sought by three California…