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Latest Lawsuit News
News
A federal court in Texas has struck down a Securities and Exchange Commission rule that expanded the definition of a broker to include decentralized finance platforms and other crypto entities. The SEC’s broker-dealer rule, finalized in February 2024, aimed to…
News
The U.S Securities and Exchange Commission distributed funds amounting to $4.6 million to investors involved in BitClave’s initial coin offering. The SEC announced in a recent filing that it has authorized the transfer of more than $4.6 million to “harmed…
News
The Seoul Rehabilitation Court officially declared bankruptcy on crypto yield platform Haru Invest, after it was implicated in a crypto fraud worth up to $1 billion. Investigations by South Korean law enforcement revealed that Haru Invest, a crypto yield firm…
News
NBA legend Shaquille O'Neal consented to pay $11 million in a settlement with Astrals NFT collection to end a lawsuit filed by holders.
SOL
Solana
News
The U.S. District Court for the Northern District of California has ruled against Lido DAO in a major case concerning its legal status. The decentralized autonomous organization argued that it is not a legal entity and, therefore, immune from lawsuits.…
LDO
Lido DAO
News
Relief for crypto businesses increasingly materialized as prosecutors stated plans to reduce crackdowns after President Donald Trump’s re-election.
XRP
XRP
News
The lawsuit alleging that Elon Musk and his electric vehicle company Tesla manipulated the price of the meme coin Dogecoin is nearing its conclusion. Investors who filed the class action lawsuit have withdrawn their appeal, Reuters reported on Nov. 15.…
DOGE
Dogecoin
News
JENNER buyers filed a class-action lawsuit against former Olympian Caitlyn Jenner for failing to register the token with the SEC and for giving ‘false and misleading’ statements regarding its sale. According to a Bloomberg Law report, Naeem Azad and Mihai…
ETH
Ethereum
Markets
XRP started its strong bull run right after the broader crypto market started to cool down. XRP (XRP) reached an eight-month high of $0.73 late Tuesday and soon its price started to decline. The asset became the seventh-largest cryptocurrency, surpassing…
XRP
XRP
News
FTX is suing Binance Holdings and its former Chief Executive Officer Changpeng ‘CZ’ Zhao over an alleged fraudulent shares repurchase by Sam Bankman-Fried, valued at $1.76 billion at the time. According to a Bloomberg report published on Nov. 11, CZ and…
BNB
BNB
News
The U.S. Securities and Exchange Commission is urging a federal court to dismiss three defenses presented by cryptocurrency exchange Kraken in an ongoing lawsuit concerning alleged securities violations. The SEC’s motion, filed on November 5, challenges Kraken’s assertion that there…
News
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint submitted by the SEC last month in the ongoing legal battle. In a Nov. 4 filing, the lawyers representing Binance(BNB) and CZ…
BNB
BNB
News
The U.S District Court in Manhattan has ruled the Citadel Securities’ lawsuit accusing crypto-trading startup Portofino of stealing the firm’s trade secrets can largely proceed. According to a court filing on Oct. 30, the Manhattan District court has agreed to…
News
Ripple files cross appeal, also known as Form C, that lists the issues the company plans to raise in the upcoming cross appeal against the U.S Securities and Exchange Commission. Ripple’s Chief Legal Office, Stuart Alderoty, announced on X that…
XRP
XRP
Feature
Ripple has thrown millions behind Kamala Harris. What’s the real agenda here? Is this about politics, or is Ripple gearing up for something bigger with XRP? Ripple’s split personality hits Ripple, the blockchain giant behind XRP, has always been in…
News
Ripple’s Chief Legal Officer, Stuart Alderoty, outlines several scenarios that might play out regarding the outcome of the legal dispute between Ripple and the U.S. Securities and Exchange Commission. In an X post, Alderoty predicts that the U.S. Second Circuit…
XRP
XRP
Follow-up
