sues

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Gala sues pNetwork demanding $28m compensation

0xMain
March 20, 2023

28m, compensation, demanding, Gala, Hacking, pNetwork, sues

Gala Games, the company behind the GameFi project, revealed on March 20 that it had just initiated legal action against pNetwork, demanding $28 million from them. Gala used this cross-chain interoperability bridge on the BNB Smart Chain. The case was initiated due to...

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FTX sues its Bahamian liquidators for taking control of ‘millions of dollars’

0xMain
March 20, 2023

Bahamian, control, dollars, FTX, Hacking, liquidators, Millions, sues

Crypto exchange FTX has filed a lawsuit against the liquidators of its Bahamian affiliate, FTX Bahamas Ltd, claiming that they have wrongfully taken control of millions of dollars worth of digital assets, including bitcoin (BTC) and ethereum (ETH). According to Reuters, the lawsuit...

SEC sues Utah-based Green United over $18m crypto mining scam

0xMain
March 7, 2023

18m, Crypto, green, Hacking, mining, scam, SEC, sues, United, Utahbased

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fake cryptocurrency mining equipment. According to the SEC, Green United and its founder,...