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XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges

XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges

US lawsuit against Ripple blockchain company worries crypto exchanges in India.

How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik

How Ripple’s Current Case Differs from SEC’s Lawsuit against Kik

Attorney Jeremy Hogan compared the lawsuit Ripple currently faces for XRP with the Securities and Exchange Commission’s previous target , Kik.

US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO

US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO

US Judge Alvin Hellerstein rules in favor of the Securities and Exchange Commission in the regulator's lawsuit against Kik’s 100 million 2017 ICO.

Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP

Class-Action Lawsuit Filed against MoneyGram for Allegedly Misleading Investors with XRP

MoneyGram is currently facing a class-action lawsuit for allegedly misleading investors with XRP.

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple Files Lawsuit Against YouTube Over Cryptocurrency Investment Scam

Ripple crypto firm has hit YouTube with a lawsuit accusing the streaming platform of failing to take action against crypto scams that impersonate the cryptocurrency company.

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

Ripple and YouTube Agree on Settling for Lawsuit over XRP Scam Videos

Ripple and YouTube Agree on Settling for Lawsuit over XRP Scam Videos

Ripple CEO Brad Garlinghouse has revealed that the lawsuit Ripple has served Youtube with has been settled.

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple

Ripple’s First Court Date for SEC Lawsuit of XRP Tokens Set for February 2021

Ripple’s First Court Date for SEC Lawsuit of XRP Tokens Set for February 2021

The official pre-trial court date for the US Securities and Exchange Commission’s lawsuit against Ripple for the sale of XRP tokens has been set.

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless

BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.

Ripple Addresses “Unproven Allegations” from SEC Lawsuit as Crypto.com Shuns XRP

Ripple Addresses “Unproven Allegations” from SEC Lawsuit as Crypto.com Shuns XRP

With the Securities and Exchange Commission (SEC)’s lawsuit hanging over Ripple, Crypto.com has also chosen to delist XRP, effective on January 19, 2021.

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

‘Big Four’ Tech Amazon, Google, Apple & Facebook Grilled During US Antitrust Hearing

In an antitrust hearing with the Judiciary Committee of US Congress, the CEOs of Amazon, Apple, Facebook and Google testified, as a continuation of an unfinished legal conversation with lawmakers.

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

Kik Survives Legal Battle With the SEC, Kin Crypto to Continue Trading on Exchanges

The Kin Foundation has disclosed that both itself and the cryptocurrency has survived the dispute with the US SEC.

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

SEC to Make a Move on Suing Ripple over XRP Cryptocurrency as Christmas Holidays Kick In

Ripple CEO Brad Garlinghouse revealed that a lawsuit may be in the works against his fintech company for XRP cryptocurrency sooner than later.

XRP Slides by 10% as United States SEC Poised to Sue Ripple for Securities Law Violation

XRP Slides by 10% as United States SEC Poised to Sue Ripple for Securities Law Violation

XRP has slid below the $0.50 level and is down by 9%, as news that the US Securities and Exchange Commission will sue Ripple has broken out.

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

XRP Holders File Motion to Intervene in Ripple Case as SEC Blamed for Causing "Multi-Billion-Dollar Losses"

On behalf of XRP holders, attorney John E. Deaton has filed a motion to intervene in the lawsuit opposing Ripple Labs and the SEC.

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

Crypto Giants Binance, BitMEX, along with Executives CZ, Arthur Hayes Named Among Defendants in 11 Class Action Suits For Violating Securities Laws.

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Ripple Blasted by Investor Tetragon for Playing “Word Games” in $175M Stock Buyback Lawsuit

Along with the heat Ripple is currently facing from the Securities and Exchange Commission, one of its leading investors has also turned against it.

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO

SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO

The US Securities and Exchange Commission (SEC) has revealed that it has received a final judgment in a US district court action against Eran Eyal, the CEO and founder of Shopin token offering for carrying out an allegedly fraudulent ICO.

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

Coinbase and Venmo Users Angered by Privacy Issues—Fintech Firm Faces Second Class Action Lawsuit

A second lawsuit has been filed against the fintech company Plaid, for violating user data privacy agreements they hold with major financial accounts that use Coinbase and Venmo.

Court Denies XRP Holders’ Request to Take Part in SEC-Ripple Case

Court Denies XRP Holders’ Request to Take Part in SEC-Ripple Case

The court has denied the motion to intervene filed by XRP investors looking to take part in the Ripple case.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.

Biden Appointed SEC Chair Gary Gensler is not Going to Save Ripple's XRP Token

Biden Appointed SEC Chair Gary Gensler is not Going to Save Ripple's XRP Token

Ripple CEO Brad Garlinghouse is celebrating President-elect Joe Bidens Decision to appoint Gary Gensler to SEC chair—but this will not make the lawsuit against XRP go away.

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

SEC Arguments against Ripple for XRP Case Are Weak, says Law Official

With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.

Former SEC Commissioner Says Incoming SEC Chair Gary Gensler Could Withdraw Lawsuit against Ripple

Former SEC Commissioner Says Incoming SEC Chair Gary Gensler Could Withdraw Lawsuit against Ripple

Gary Gensler, who has been tapped by President Joe Biden to lead the Securities and Exchange Commission (SEC) as chairman, is awaiting the Senate floor’s final vote.

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations

The CFTC has filed civil charges against Digitex exchange and its CEO for running a fraudulent crypto futures platform and over other multiple violations.

New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.

Ripple Fires Back at SEC over Its Legal Complaint of XRP as Pretrial Looms

Ripple Fires Back at SEC over Its Legal Complaint of XRP as Pretrial Looms

Ripple has fought back against the Securities and Exchange Commission (SEC)’s legal complaint against XRP, hinting that the agency was overreaching.

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook has sued a Bangkok software engineer whose firm offered software designed to bypass ad review systems and push deceptive ads to run on the media platform.

XRP Pushes above Critical Level as Ripple Faces Lawsuit Heat

XRP Pushes above Critical Level as Ripple Faces Lawsuit Heat

Against all odds, the current bull market has also benefitted XRP, sending it above the $0.50 level.

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal

Atomic Wallet Prevails in $100 Million Hack Lawsuit Dismissal

Atomic Wallet has won a dismissal in a $100 million class-action lawsuit related to a hack, citing lack of jurisdiction over the Estonia-based company.

Tether to Defend Against Celsius' $2.4 Billion Lawsuit

Tether to Defend Against Celsius' $2.4 Billion Lawsuit

Tether faces a $2.4 billion lawsuit from Celsius Network over a 2022 agreement, vowing to defend against the claims in court.

Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD

Brad Garlinghouse Stated that Ripple does not Lag behind Bitcoin's Energy Usage FUD

Ripple CEO Brad Garlinghouse recently responded to allegations related to the company's role in spreading the fear, uncertainty, and doubt (FUD) of Bitcoin's energy use.

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.

Terraform Labs co-founder defends against SEC allegations

Terraform Labs co-founder defends against SEC allegations

Do Kwon, co-founder of Terraform Labs, has defended himself against allegations of fraud from the US Securities and Exchange Commission (SEC). Kwon’s lawyers have requested the dismissal of the lawsuit, claiming that the SEC's allegations are unfounded and that US law prohibits regulators from asserting jurisdiction over the digital assets in question. The lawyers also argued that the SEC failed to prove Kwon’s involvement in the collapse of Terra’s stablecoin, UST.

Coinbase Sued For Failing to Grant Wallet Access During Volatility

Coinbase Sued For Failing to Grant Wallet Access During Volatility

The lawsuit against Coinbase was filed by George Kattula on behalf of the aggrieved users of the exchange who claimed the firm did not grant them access to their crypto wallets during periods of price volatility.

US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members

US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members

A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This may impact DeFi platforms that use multisigs and require them to obtain custody licenses to comply with the law.

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

Su Zhu, Three Arrows Capital co-founder, has revealed fresh details behind the collaboration between the prominent hedge fund firm and its liquidators.

SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy

SEC Withdraws Lawsuit Against Debt Box Amid Misleading Evidence Controversy

The SEC has withdrawn its lawsuit against Debt Box, accusing it of a $50 million fraudulent scheme, paving the way for future charges and a significant shift in crypto firm regulatory landscape.

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Tether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector.

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

US District Judge has dismissed an antitrust lawsuit targeting Apple, where Venmo and Cash App users claimed Apple Cash had an anti-competitive edge.

Consensys Files Lawsuit Against SEC Over Ethereum Regulation

Consensys Files Lawsuit Against SEC Over Ethereum Regulation

Consensys, a software development firm, has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners, claiming the SEC plans to regulate Ethereum as a security, highlighting the ongoing debate on cryptocurrencies' regulatory classification and potential industry impact.

Crypto Miner Sphere 3D Sues Partner over Alleged Bitcoin Spoofing Attack

Crypto Miner Sphere 3D Sues Partner over Alleged Bitcoin Spoofing Attack

Sphere 3D, a crypto miner, has filed a lawsuit against Gryphon Digital Mining, its partner, after an alleged spoofing attack led to the irregular transfer of Bitcoin. Gryphon CEO allegedly wired BTC to a fraudster posing as Sphere 3D's CFO. Sphere 3D accuses Gryphon of violating their contractual duties and putting the company's assets at significant risk.

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

Binance faces a class-action lawsuit in Canada for allegedly violating securities laws by selling crypto derivative products to retail investors without proper registration, highlighting the significant presence of retail investors.

Binance faces investor backlash and Bitcoin withdrawals following CFTC lawsuit

Binance faces investor backlash and Bitcoin withdrawals following CFTC lawsuit

Binance CEO, Changpeng Zhao, denies market manipulation allegations made by the CFTC. However, investors withdrew over 3,400 BTC from Binance within 24 hours of the lawsuit announcement, leading to a decrease in Binance's total Bitcoin balance while competing exchanges saw an increase.

Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government

Former Ethereum Adviser Steven Nerayoff Files $9.6B Lawsuit Against US Government

Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment. The lawsuit, filed under the Federal Tort Claims Act, seeks $9.6 billion in damages for an extortion case. Nerayoff alleges that federal agents were aware of the baseless charges and engaged in harassment and intimidation tactics.

NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute

NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute

Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him without his consent, ousting Gagacki from the firm and causing damage to his reputation.

Federal Judge Refuses to Consolidate Class-Action Lawsuits Against FTX Exchange

Federal Judge Refuses to Consolidate Class-Action Lawsuits Against FTX Exchange

A federal judge has denied a request to consolidate five proposed class-action lawsuits against the bankrupt crypto exchange FTX. The plaintiffs, including Julie Papadakis, Michael Elliott Jessup, Stephen Pierce, Elliott Lam, and Russell Hawkins, accuse former FTX CEO Sam Bankman-Fried and other executives of misappropriating assets. While all the plaintiffs are pursuing Bankman-Fried, the cases also involve various other defendants, including outside auditors and exchange promoters. The judge pointed out that not all defendants had the opportunity to respond yet, and there's no need to consolidate before hearing their side.

TikTok Crypto Influencers Mislead Viewers

TikTok Crypto Influencers Mislead Viewers

More than one-third of cryptocurrency influencers on TikTok have posted misleading videos about Bitcoin and other cryptocurrencies, according to a recent study. Many of these influencers fail to provide disclaimers warning users about the risks of investing in cryptocurrencies. Moreover, many are pushing services and investments for their own profit, without disclosing the payments they receive. The potential financial risks for unwary investors are high, with one in three misleading videos on TikTok mentioning Bitcoin. Viewers are advised to do their own research before making any investments.

AI Companies Respond to Copyright Infringement Claims

AI Companies Respond to Copyright Infringement Claims

Stability AI, Midjourney, and DeviantArt have responded to a lawsuit brought by artists who claim that their work was used without permission to train generative AI systems. The companies argue that the resulting AI-generated images are dissimilar to the artists’ work, and that the lawsuit lacks specific information about the allegedly misused photos.

US Supreme Court Steps In On Coinbase Customer Contract Dispute

US Supreme Court Steps In On Coinbase Customer Contract Dispute

The US Supreme Court is set to decide on a contract dispute between Coinbase and its customers, potentially impacting user agreement drafting and enforcement in the digital currency trading sector.

Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions

Coinbase is suing the U.S. Treasury for listing Tornado Cash on the SDN List, arguing it violates digital privacy and regulatory authority in the cryptocurrency sector.

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX

Binance and its CEO, Changpeng Zhao, are facing a class-action lawsuit filed by plaintiff Nir Lahav, accusing them of unfair competition and SEC law violations. The lawsuit alleges that Binance manipulated the cryptocurrency market to harm competitor FTX, leading to a significant decline in FTX's utility token, FTT. The case brings into focus the broader implications of regulatory efforts in the crypto industry.

Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures

Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures

The SEC said it found that Nvidia misled investors in 2017 and 2018 on how cryptocurrency contributed to the profits in its gaming business.

Terraform Labs Co-Founder Argues Against SEC Lawsuit

Terraform Labs Co-Founder Argues Against SEC Lawsuit

Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not a security. Additionally, Kwon's arrest and subsequent extradition remain uncertain.

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse criticizes former SEC Chair Jay Clayton for his aggressive regulatory approach, citing hypocrisy based on a 2020 lawsuit against Ripple. The ongoing legal tussle and recent developments highlight the broader regulatory uncertainties in the crypto industry.

OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges

OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges

OpenAI has dismissed a copyright lawsuit by The New York Times, which alleges unauthorized use of its content for AI chatbot training, as "without merit." The case highlights significant challenges in AI and copyright law.

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal court hearing on March 31.

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

The Chamber of Digital Commerce has spearheaded a collective effort to defend Binance.US against the SEC's lawsuit. The chamber, along with Binance.US and other industry stakeholders, is challenging the SEC's regulatory approach, marking a significant collaborative resistance within the cryptocurrency sector.

Sphere 3D Sues Gryphon Digital Mining Over Alleged Spoofing Attack

Sphere 3D Sues Gryphon Digital Mining Over Alleged Spoofing Attack

Sphere 3D has filed a lawsuit against Gryphon Digital Mining over an alleged spoofing attack that resulted in the irregular transfer of Bitcoin. Gryphon's CEO allegedly wired 18 BTC in January to a fraudster posing as Sphere 3D's chief financial officer through a spoofing attack.

XRP Not a Security According to Hogan

XRP Not a Security According to Hogan

Jeremy Hogan, partner at Hogan & Hogan, argues that Ripple’s XRP does not fit the definition of an investment contract and is therefore not a security. The SEC lawsuit against Ripple claims that the company illegally sold XRP as an unregistered security, but Hogan argues that the SEC has not demonstrated an implied or explicit investment contract.

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.

BitBoy Crypto accused of threatening class-action lawsuit lawyers

BitBoy Crypto accused of threatening class-action lawsuit lawyers

Lawyers representing a class-action lawsuit against BitBoy Crypto and other FTX influencers for promoting FTX crypto fraud without disclosing compensation claimed that BitBoy Crypto's Ben Armstrong made multiple threats against them, including voicemails with vulgarities and warnings of protesters and danger to their families.

Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit

Judge Considers Dismissing Shaquille ONeal and Naomi Osaka from FTX Lawsuit

A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in requesting a conference extension. A consolidation request by some plaintiffs against FTX was denied, and lawyers for former FTX CEO Sam Bankman-Fried noted the possibility of pushing back the criminal trial scheduled for October 2023.

Only in Crypto: John McAfee Admits "Copy-Pasting" PIVX Whitepaper, Wants to Sue them Nonetheless

Only in Crypto: John McAfee Admits "Copy-Pasting" PIVX Whitepaper, Wants to Sue them Nonetheless

McAfee’s crypto project “Ghost” was found to have plagiarised its entire whitepaper from another crypto firm, but instead of being apologetic, the entrepreneur threatens to sue PIVX, the project in question, for causing reputational damage.

Reasons Behind XRP's Surge to Top $1.90

Reasons Behind XRP's Surge to Top $1.90

XRP has been on a tear lately, rallying by more than 65% on a seven-day period to hit $1.90.

Ripple Files Response to SEC’s Lawsuit, Demands to Know Why Bitcoin and Ethereum Are Not Securities

Ripple Files Response to SEC’s Lawsuit, Demands to Know Why Bitcoin and Ethereum Are Not Securities

Ripple drags BTC and Ethereum into the SEC lawsuit over XRP's status, demanding an explanation as to why the two leading cryptos are not classified as securities.

Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level

Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level

Technical indicators show that XRP is likely to consolidate its price inside a range of the $0.60 support level and the 0.65 resistance level.

Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit

Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit

Jed McCaleb, Ripple’s co-founder and its former Chief of Technology Officer, has seemingly resumed the sale of his XRP reserve, cashing out 28 million XRP.

Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens

Instagram Influencers Sued by Investors for Falsely Promoting Crypto Tokens

Instagram influencers Kim Kardashian and American boxer Floyd Mayweather have been sued by investors accusing celebrities of falsely promoting crypto tokens to mislead investors.

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban

The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

Lawsuit against Ooki DAO Takes New Twist as CFTC Commissioner Dissents Ruling

The regulator said Ooki DAO offered digital asset margin trading, which they’re not permitted by law to do.

CFTC Files First Lawsuit Against DAO

CFTC Files First Lawsuit Against DAO

The Commodity Futures Trading Commission (CFTC) has filed its first lawsuit against a decentralized autonomous organization (DAO).

Terra Co-Founders to Face Fraud Charges in South Korea

Terra Co-Founders to Face Fraud Charges in South Korea

As reported by a local media site, Munhwa, an organized group of LUNA and UST investors is planning to file a legal complaint against Terra CEOs Do Kwon and Daniel Shin for alleged fraud.

U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple

U.S. Judge Approves SEC's Motion to Extend its Discovery Period For Lawsuit with Ripple

SEC's request to extend the facts discovery period for the ongoing Ripple case has been granted by Judge Sarah Netburn.

CoinFLEX to Sue Robert Ver to Recover $84m Outstanding Debt

CoinFLEX to Sue Robert Ver to Recover $84m Outstanding Debt

CoinFLEX is facing bankruptcy fears after its big longtime crypto investor Roger Ver who failed to repay a debt now totals $84 million dollars. The exchange said they are taking legal action against Roger Ver.

Coin Center Sues IRS For Unconstitutional Tax Reporting Rules

Coin Center Sues IRS For Unconstitutional Tax Reporting Rules

Coin Center, a Washington DC-based non-profit research and advocacy centre, has filed a lawsuit against the United States Treasury and the Internal Revenue Service (IRS) for a tax reporting requirement it wants to pass into law.

Legal Battle between Ripple Labs and SEC Seek End Game

Legal Battle between Ripple Labs and SEC Seek End Game

The Ripple-SEC legal case has entered into the summary judgment phase. Both parties are seeking a speedy close to the lawsuit.

Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal

Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal

Last month, Galaxy scrapped a plan to acquire BitGo for $1.2 billion. In its lawsuit, BitGo demands $100 million for damages following Galaxy’s termination of the merger deal.

XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple

XRP Investors Looking to Join XRP Case Trigger Different Reactions from The SEC and Ripple

While the Securities and Exchange Commission has opposed XRP holders' motion to intervene, Ripple seems to think it should be approved by the court.

Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit

Coinbase and Brian Armstrong Named as Defendants in a Securities Lawsuit

Coinbase Global Inc, Coinbase Inc, and Brian Armstrong have been named defendants in a class-action lawsuit. Three leading exchanges are accused of without sharing the required risks involved in trading as many as 79 different tokens.

Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions

Coinbase Backs Lawsuit against US Treasury over Tornado Cash Sanctions

A group of crypto users are challenging the US Treasury Department's sanctions of Tornado Cash in court. Coinbase is backing the legal action.

Binance Sues Bloomberg Businessweek's Publisher for Defamation in HK

Binance Sues Bloomberg Businessweek's Publisher for Defamation in HK

Binance CEO, Changpeng Zhao, sued Bloomberg’s Hong Kong media partner- Bloomberg Businessweek's publisher, for allegedly misleading publications resulting in damaging Binance’s reputation.

Yuga Labs Files Lawsuit Against Artist Producing BAYC Copycat Collection

Yuga Labs Files Lawsuit Against Artist Producing BAYC Copycat Collection

Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has filed a lawsuit against digital artist Ryder Ripps and several associates for producing a copycat version of Bored Apes

Elon Musk Sued by Twitter Investors for Delayed Disclosure

Elon Musk Sued by Twitter Investors for Delayed Disclosure

A group of investors sued Elon Musk to save himself about $156 million for failing to disclose that he had purchased more than 5% of Twitter shares by March 14.

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos

Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos

Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application

Crypto Bank Custodia Files Lawsuit against Federal Reserve for Delaying Master Account Application

Wyoming state-based digital asset bank Custodia has filed a lawsuit against the authority for unlawfully delaying a decision on its applications for a master account.

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

Lawsuit: Ex-Employee Accuses Celsius Network of Financial Fraud Involvement

In its lawsuit, Jason Stone, a former manager at Celsius Network, has accused the crypto lending firm of engaging in fraudulent deals, including price manipulation of Celsius's token.

Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs Sues US SEC for Illegally Issuing a Subpoena on its CEO

Terraform Labs, the Singapore-based blockchain startup behind the Terra protocol has filed a lawsuit against the United States Securities and Exchange Commission for allegedly issuing an illegal Subpoena on its Chief Executive Officer.

SEC Pushes Back against Ripple’s Lack of Fair Notice Argument

SEC Pushes Back against Ripple’s Lack of Fair Notice Argument

The SEC has filed a motion to dismiss Ripple’s lack of "due process and fair notice" defence, which pinpoints that the fintech firm had not been warned beforehand that XRP was in violation of securities laws.

SEC Accused by Ripple of Using Improper Intimidation Tactic to Extract XRP Info During Discovery

SEC Accused by Ripple of Using Improper Intimidation Tactic to Extract XRP Info During Discovery

The SEC is appealing to foreign regulators to obtain information on Ripple and XRP, invoking the Memoranda of Understanding (MOU) to justify their demand.

Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation

Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation

Two US cryptocurrency exchanges Bittrex and Poloniex have been added to a class-action lawsuit that alleges billions of unbacked Tether stablecoin were used to manipulate Bitcoin prices. The two US exchanges have been added as defendants in an ongoing lawsuit against Tether and Bitfinex. Poloniex and Bittrex have been summoned to appear to the court because of their alleged involvement in the manipulation of Bitcoin price during the bull run in 2017.

Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads

Australian Business Icon Dick Smith Threatens The Guardian With Lawsuit Over Bitcoin Scam Ads

Australian entrepreneur Dick Smith is threatening The Guardian with legal action after it hosted ads linked to fake news of Smith supporting a Bitcoin and crypto scam.

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.

Coinbase Sued over $350M in Damages Due to Patent Infringement

Coinbase Sued over $350M in Damages Due to Patent Infringement

The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in Delaware federal court

SEC Denies Holding Bitcoin and Ethereum Documents in XRP Case

SEC Denies Holding Bitcoin and Ethereum Documents in XRP Case

The lawsuit between the Securities and Exchange Commission (SEC) and Ripple continues to unfold.

Ripple’s Brad Garlinghouse and Chris Larsen File for Motion to Dismiss SEC Lawsuit

Ripple’s Brad Garlinghouse and Chris Larsen File for Motion to Dismiss SEC Lawsuit

Ripple co-founder Chris Larsen and CEO Brad Garlinghouse have filed for a motion to dismiss lawsuits they have received over XRP.

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data

Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto is taking the cessation of withdrawals by crypto lending platform Celsius more personally and has threatened to file a class-action lawsuit against the embattled lender.

Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees

Twitter Sued Amid Musk's Plans to Lay Off 50% of Employees

Elon Musk may have to battle a new class action lawsuit over alleged Twitter staff layoff

Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million

Crypto Escrow Company Promises Bitcoin, Pleads Guilty to Defrauding Client Over $3 Million

Jon Barry Thompson, the executive of Volantis Market Making cryptocurrency escrow company, has pleaded guilty in a crypto escrow scam worth $3.25 million.

Ooki DAO Seeks Legal Defence against CFTC Drawing on Community Support

Ooki DAO Seeks Legal Defence against CFTC Drawing on Community Support

With the lawsuit from the CFTC now filed, the DAO has opened a public forum for discussion such that its members will explore the best avenues to respond to the lawsuit.

Ethereum Co-Founder Buterin’s Ether Sales More Like a Security Offering than XRP, Attorney Argues

Ethereum Co-Founder Buterin’s Ether Sales More Like a Security Offering than XRP, Attorney Argues

In the Securities and Exchange Commission's lawsuit against Ripple Labs, many XRP proponents have argued that the cryptocurrency bears resemblance to Ethereum (ETH) and should therefore receive a similar regulatory treatment.

SEC Refuses to Hand over Documents on Bitcoin and Ether to Ripple in XRP Case

SEC Refuses to Hand over Documents on Bitcoin and Ether to Ripple in XRP Case

The United States Securities and Exchange Commission (SEC) has refused a request from Ripple to access documents pertaining to Bitcoin and Ethereum.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

IRA Financial Trust Files Lawsuit against Gemini for $36m Crypto Hack

IRA Financial Trust said it has filed a lawsuit against Gemini crypto exchange for its alleged role in breaching customers’ retirement accounts.

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for the sale of unregistered security tokens from the Terra blockchain protocol.

Attorney Batting for XRP Investors to Join SEC Case to Refile Motion to Intervene

Attorney Batting for XRP Investors to Join SEC Case to Refile Motion to Intervene

The opportunity for XRP holders to join the lawsuit opposing the Securities and Exchange Commission (SEC) and Ripple Labs may not be gone after all.

Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so

Did Coinbase CEO Steal a Blockchain Startup's Work? This Lawsuit Alleges so

Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, both of whom invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies.

BitMEX's Greg Dwyer Pleads Guilty for Role in Money Laundering Case

BitMEX's Greg Dwyer Pleads Guilty for Role in Money Laundering Case

Greg Dwyer has pleaded guilty to money laundering charges associated with BitMEX in a US court in Manhattan.

Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight

Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight

The groups have faulted SEC’s decision to disapprove applications of spot Bitcoin ETFs, yet the regulator had allowed similar, riskier products to enter the market.

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million

Tezos Settles Class-Action Lawsuit Over 2017 $232 Million ICO to the Tune of $25 Million

Tezos Foundation has settled for $25 million in a class-action lawsuit over its 2017 Initial Coin Offering (ICO) which raised $232 million.

Coinbase User Sues IRS for Illegal Seizure of Crypto Records

Coinbase User Sues IRS for Illegal Seizure of Crypto Records

James Harper, a Bitcoin researcher, is suing the IRS, its commissioner, and nearly a dozen of its agents for violating his Fourth and Fifth Amendment rights—his right to privacy and right to due process—with their infamous Letter 6137 in July last year.

Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC

Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC

Finblox has increased its limits for crypto withdrawals. Crypto staking platform raised the cap from $1,500 monthly to $3,000 daily. Finbox also plans to recover its funds from Three Arrows Capital through legal actions.

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

BitMEX Founder Ben Delo Surrenders and Will Face Trial on Charges of Failing to Implement AML Programs

Ben Delo has surrendered himself to US authorities to clear his name in court and defend against the charges.

Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison

Teenage Bitcoin Scammer Behind 2020 Massive Twitter Hack Gets Sentenced to 3 Years in Prison

Graham Ivan Clark, a Florida teenager, will serve three years of probation after receiving a jail term of three years in prison.

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