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US Court grants Galaxy Digital victory, dismisses $100m BitGo lawsuit

0xMain
June 12, 2023

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The Delaware Court of Chancery has granted a motion by Galaxy Digital, resulting in the dismissal of BitGo’s case following the abandoned acquisition. Vice chancellor J. Travis Laster affirmed that Galaxy Digital had the right to terminate the acquisition of BitGo, asserting a...

Moody’s downgrades Coinbase amid SEC lawsuit

0xMain
June 9, 2023

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Moody’s, the international credit ratings agency, has revised its outlook on Coinbase, the cryptocurrency exchange, from “stable” to “negative.” This decision comes after the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase for allegedly functioning as an unregistered securities broker. Moody’s expressed...

US judge revives crypto lawsuit against Kardashian and Mayweather

0xMain
June 9, 2023

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Kim Kardashian and Floyd Mayweather will find themselves in court, facing allegations of unlawful marketing of the now-defunct cryptocurrency token EthereumMax (EMAX). After dismissing the case last year, US District Judge Michael Fitzgerald reinstated the complaint, granting the plaintiffs a second chance to...

Lawsuit against PoolTogether thrown out by US court

0xMain
June 8, 2023

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The defi community rallied behind PoolTogether by raising $1.4 million through a nonfungible token sale last year to support the platform’s legal defense. In a June 7 development, a judge in the United States dismissed a lawsuit against PoolTogether, determining that the federal...

Metacade announces partnership with Metastudio1

Changpeng Zhao summoned in SEC lawsuit by US court

0xMain
June 7, 2023

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In response to the Securities and Exchange Commission’s (SEC) recent lawsuit accusing Binance of conducting unregistered securities operations, the United States district court in Washington, D.C. wasted no time in issuing a summons for Binance CEO Changpeng Zhao on June 7. The summons,...

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Crypto Twitter abuzz with Coinbase banter after SEC lawsuit

0xMain
June 6, 2023

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The recent lawsuit filed by the SEC against Coinbase, coming less than 24 hours after a similar action against Binance, has ignited widespread discussion and debate within the community. Industry moguls, including Changpeng Zhao (CZ) from Binance and Jack Dorsey, have expressed their...

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Binance launches bitcoin NFTs amidst SEC lawsuit

0xMain
June 6, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has added bitcoin non-fungible tokens (NFTs) to its marketplace only one day after the U.S. Securities and Exchange Commission (SEC) filed a complaint against the business. In addition...

Dogecoin investors strike Elon Musk with market manipulation lawsuit

0xMain
June 2, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A collective of dogecoin investors has moved to modify their ongoing class-action lawsuit against Twitter’s outgoing CEO, Elon Musk. The amendment accuses Musk of manipulating the meme cryptocurrency’s market...

Ripple lawsuit could be impacted by LBRY lawsuit, experts suggest

0xMain
May 27, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Prominent legal professionals specializing in crypto have responded to the recent motion filed by LBRY in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), citing...

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Shaquille O’Neal officially served in FTX class-action lawsuit at NBA game

0xMain
May 24, 2023

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In the latest development in the FTX class-action lawsuit, NBA legend Shaquille O’Neal was formally served during the broadcast of a Miami Heat versus Boston Celtics game. In a recent turn of events, NBA legend Shaquille O’Neal has been officially served legal papers...