Investors withdraw appeal in Dogecoin lawsuit against Elon Musk
Plaintiffs have dropped their appeal in the Dogecoin lawsuit against Elon Musk. Judge Hellerstein in August ruled Musk’s public statements weren’t grounds for fraud claims. Both parties have withdrawn motions…
Coinbase faces legal setback as judge allows shareholder lawsuit to proceed
Judge allows parts of Coinbase’s shareholder lawsuit to proceed on negligence claims. Plaintiffs allege Coinbase misled about regulatory risks; some claims dismissed. Coinbase remains confident and committed to defending against…
Judge denies Kraken motion to dismiss SEC lawsuit
US District Judge William H. Orrick has ruled that the US Securities and Exchange Commission has a plausible case against crypto exchange Kraken. According to the judge, the SEC’s lawsuit…
Binance and former CEO CZ face new lawsuit over alleged crypto laundering
Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and…
SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit
SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB, BUSD, and others. The shift in SEC’s stance follows…
SEC files lawsuit against Consensys
The US Securities and Exchange Commission (SEC) has sued Consensys. SEC filed its lawsuit against the company on Friday, alleging unregistered broker dealer and offer of unregistered securities. The US…
TRON investors considering TON and Bitbot amid SEC lawsuit against Justin Sun
SEC lawsuit against Justin Sun casts doubt on TRON’s future. TON Network’s integration of USDT boosts Toncoin price by 12%. Bitbot’s AI-powered trading platform and $BITBOT token offer innovative solutions.…
FTX’s Alameda Research drops lawsuit against Grayscale
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale. The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF…
Court approves protective order in SEC vs. Binance lawsuit
Court approves info disclosure order in SEC vs. Binance lawsuit. The protective order allows confidentiality for trade secrets and customer info in discovery. Binance challenges the SEC’s broad demands, protecting…
Judge rules in favour of Uniswap in class action lawsuit
A US court has dismissed the class action lawsuit against crypto platform Uniswap. The suit alleged Uniswap users lost money in scam tokens on the platform,but the judge ruled you…