Ex-Binance employee sues exchange after whistleblower bribery claim
Amrita Srivastava alleges she was dismissed from Binance a month after she informed managers about the bribery in April 2023 Lawyers for Binance claim Srivastava was dismissed due to “poor…
FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer
In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back…
UK man sues council after it denied requests to dig for lost Bitcoin hard drive in landfill
James Howell has been trying to get his lost hard drive back for 10 years Howell mined 8,000 Bitcoin on his laptop after learning about Bitcoin in 2009 The council…
SEC sues crypto market maker Cumberland DRW
SEC has sued market maker Cumberland over offering and sale of unregistered securities. The regulator says Cumberland violated the US securities laws by operating as an unregistered dealer. The US…
Crypto.com sues the US SEC after Wells notice
com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most crypto transactions as securities. com seeks clarity on crypto derivatives through…
SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors. Bitbot revolutionizes crypto trading with a non-custodial Telegram bot. The $BITBOT presale nears $3M presale with the token…
Consensys sues SEC for clarification on Ethereum (ETH) classification as a security
Consensys recently received a Wells notice from the SEC for its MetaMask product. Consensys aims to defend Ethereum’s status as a commodity. The company also challenges SEC’s authority over cryptocurrencies.…
SEC sues HyperFund founders for $1.7B crypto ‘Ponzi’ scheme
HyperFund founders Lee and Chunga sued for $1.7B crypto scam. Chunga has agreed to a settlement, pending court approval, while Lee faces legal action. Additional charges have been filed by…
New York AG sues Gemini and Genesis for alleged $1 billion fraud
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday. It’s alleged the crypto firms lied to investors and concealed losses of over…
FTX sues to recover $21 million from LayerZero Labs
The lawsuit focuses on a deal allowing Alameda Research to sell back a 5% stake in LayerZero. The lawsuit also draws attention to an unfinished deal involving 100 million STG…