According to reports, Elon Musk and his legal team pleaded to a United States court this week to dismiss a $258b lawsuit filed against him. The complaint was launched by investors who complain that the billionaire ran a pyramid scheme to promote dogecoin, a...
Over the past week, the share price of COIN by Coinbase, a cryptocurrency exchange platform, plummeted by around 15%. The dip comes days after Coinbase announced it received a Wells notice from the Security Exchange Commission (SEC). The regulator believes the exchange may...
Data from on-chain analytics provider CryptoQuant showed that investment outflows from Binance during three of its most recent stressful events remained within historical ranges. This means the crypto exchange largely managed to beat the fear, uncertainty, and doubt (FUD) caused by the events....
New York Attorney General (NYAG) Letitia James, claimed in court that ethereum (ETH) is security and exchanges should register it before offering it for trading. The AG filed a lawsuit against the crypto exchange KuCoin for allowing investors to buy and sell ETH...
According to a news release on Feb. 5, 2023, the new management of the bankrupt FTX crypto exchange sent ‘confidential letters’ to political figures, PACs, and other receivers of contributions made by FTX founder Sam Bankman-Fried. The release also reiterated that John Jay...
Digital Currency Group (DCG) and CEO Barry Silbert are facing a securities class action (SCA) lawsuit from a group of Genesis creditors. DCG and Barry Silbert faced with securities lawsuit The lawsuit was filed by Silver Golub & Teitell (SGT), a law firm...
Rosen Law Firm, a global investor rights law in New York, is leading a class action against Gemini, a cryptocurrency exchange, and its founders, Tyler and Cameron Winklevoss, over the ramp’s alleged concealment of risks in their Earn product. Rosen Law advises more...
Albright Capital has voluntarily dropped its lawsuit against Terraform Labs and Do Kwon. Zhu Su, the founder of Three Arrows Capital, posted a portion of the dismissal letter on Twitter. In his Twitter post, Zhu said: Curious how long it will take cryptonative...