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…
On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals
Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements…
US SEC sues Binance and Coinbase, but Bitcoin remains above $26k
Key takeaways Bitcoin maintains its value above $26k despite the FUD surrounding Binance and Coinbase. The resilience of the market could prove beneficial to new projects like AltSignals. The cryptocurrency…
SEC sues crypto exchange Bittrex and its ex-CEO
The Securities and Exchange Commission (SEC) has sued Bittrex and a former CEO over the exchange’s offering of unregistered securities. SEC’s complaint alleges the platform offered securities in tokens such…
Veritaseum Capital sues Coinbase for patent infringement
Blockchain-based software firm Veritaseum Capital has accused Coinbase of infringing on a blockchain-related patent.… The post Veritaseum Capital sues Coinbase for patent infringement appeared first on CoinJournal.