According to @ItsDave_ADA, a US federal judge granted plaintiffs leave to file an expanded amended class action complaint in the Solana HAWK TUAH and Meteora matter, broadening the case beyond a single token and an isolated securities claim (source: @ItsDave_ADA on X, Dec 17, 2025). The amended complaint adds defendants Meteora, its CEO Benjamin Chow, Haliey Welch, Solana Sweeper, Memetic Labs, and 16 Minutes LLC, and introduces causes of action for common law fraud, breach of contract, deceptive practices under New York General Business Law sections 349 and 350, and unjust enrichment (source: @ItsDave_ADA on X; Burwick Law on X). The court accepted newly presented evidence as sufficiently concrete at the pleading stage, including a confidential informant, internal communications, contractual documentation, and blockchain forensic analysis alleging pre planned extraction mechanics, coordinated sniper wallet activity, false representations about locked liquidity, and wallet cluster patterns linking this launch to prior Solana based schemes (source: @ItsDave_ADA on X). The judge found no futility, no bad faith, and no undue delay, permitting plaintiffs to put a broader theory of coordinated technical, promotional, and financial conduct before the court (source: @ItsDave_ADA on X). The next phase will be motions to dismiss and, if the amended complaint survives, discovery will be consequential (source: @ItsDave_ADA on X; Burwick Law on X). Dave characterizes the dispute as a multi defendant case alleging systematic retail extraction, platform level conduct, and repeatable technical patterns on Solana rather than a narrow meme token issue (source: @ItsDave_ADA on X).

According to @rogerhamilton, Genius Group has filed a lawsuit and is pursuing a class action to recover shareholder losses for a Class Period from April 2022 to May 2025, which he says may extend, providing a defined legal timeline for traders tracking $GNS developments. Source: @rogerhamilton on X. He alleges certain brokers removed the buy button for GNS while keeping the sell button, calling this illegal market manipulation and demanding immediate reinstatement to ensure a fair market and equal order-entry access. Source: @rogerhamilton on X. He cites investor reports naming Robinhood, Charles Schwab, Fidelity, Vanguard, and Interactive Brokers as platforms that at times removed the buy button or forced call-in buy orders while keeping sell functionality, which he says created one-sided sell pressure on GNS shares. Source: @rogerhamilton on X. He is actively collecting real-time client feedback to verify whether buy and sell orders for GNS can be placed online with equal ease, asking investors to report current broker functionality directly. Source: @rogerhamilton on X. He states he will take immediate action before the end of this weekend against any brokers where feedback indicates the buy button remains off and will publicly thank brokers that reinstate it, setting a short-term catalyst window for platform changes affecting $GNS order flow. Source: @rogerhamilton on X. The author does not reference cryptocurrencies, and no direct crypto market impact is stated in his post, indicating the focus is on equity market access rather than digital assets. Source: @rogerhamilton on X.

According to @rogerhamilton, Genius Group (NYSE American: GNS) filed a federal securities class action in the U.S. District Court for the Southern District of New York alleging Citadel Securities LLC and Virtu Americas LLC manipulated GNS through spoofing and naked short selling in violation of Sections 9(a)(2), 9(e), 10(b), and 20(a) of the Exchange Act, aiming to protect shareholders and the company, source: Roger James Hamilton on X, Nov 14, 2025; Genius Group investor relations press release. The complaint defines a class period from April 12, 2022 to May 30, 2025 and seeks at least $250 million in damages on behalf of investors who sold at allegedly artificially deflated prices, with Genius Group seeking appointment as lead plaintiff to manage the litigation, source: Roger James Hamilton on X, Nov 14, 2025; Genius Group investor relations press release. Allegations include spoofing on 98% of trading days during the class period, frequent placement and cancellation of dozens to thousands of orders within 100 milliseconds, building large short positions off-exchange followed by significant short sales less than a minute after baiting orders, and substantial naked short-selling activity coinciding with major price declines, source: Roger James Hamilton on X, Nov 14, 2025; Genius Group investor relations press release. Genius Group describes itself as a leading AI-powered, Bitcoin-first education group and states the class action is intended to recover damages for both the company and harmed shareholders, source: Roger James Hamilton on X, Nov 14, 2025; Genius Group investor relations press release.

According to Crypto Rover, a class action lawsuit has been filed against Michael Saylor’s 'Strategy,' alleging misleading statements about its Bitcoin strategy (Source: @rovercrc, May 19, 2025). For traders, this legal action introduces significant short-term volatility for MicroStrategy (MSTR) shares, as investor confidence may weaken. The lawsuit’s focus on Bitcoin-related disclosures could also trigger increased regulatory scrutiny across the crypto sector, potentially affecting Bitcoin prices and related crypto stocks. Market participants should closely monitor legal developments, as any adverse outcomes could set a precedent impacting corporate Bitcoin treasury strategies.