Tag: Lawsuit
SEC Sues Silvergate Bank for Misleading Statements on AML Program
The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Silvergate Capital Corporation, the parent company of Silvergate Bank, for allegedly not meeting Bank Secrecy Act/anti-money laundering regulations. The SEC also named...
Genesis Sues DCG to Recover Billions in Allegedly Fraudulent Transfers
Genesis, a crypto lender, and its subsidiaries have thrown some serious shade at its parent company, Digital Currency Group (DCG), along with DCG CEO Barry Silbert and other bigwigs. They've gone ahead and filed...
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw Case
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw CaseA lawsuit accusing Elon Musk of manipulating the price of Dogecoin has come to a close as investors have decided to withdraw their appeal after...
Lawsuit: Craig Wright Sues Bitcoin Core Devs for $1B Damages
Craig Wright has recently filed a lawsuit against Bitcoin Core developers, claiming that recent updates to Bitcoin's protocol have strayed from its original design and caused financial harm. In his filing submitted to the...
Jump Trading Faces Lawsuit for Pump-and-Dump Scheme with DIO Token
Jump Trading, a market maker, is facing a lawsuit from FractureLabs, the developer of the online game "Decimated." The lawsuit accuses Jump Trading of engaging in a pump-and-dump scheme with the game's native token,...
OpenAI Seeks Dismissal of Elon Musk Lawsuit for ‘Baseless’ Claims
OpenAI recently filed a motion to dismiss the lawsuit brought forth by Elon Musk, accusing the firm of breaching contracts, engaging in fraud, and violating racketeering laws. The motion argues that Musk's claims are...
Class Action Lawsuit Against Tether: Plaintiffs File Slimmed Down Complaint
Plaintiffs in a class action lawsuit against Tether and Bitfinex have filed a new, streamlined complaint in the Southern District of New York. The complaint accuses the companies of manipulating the cryptocurrency markets and...
UK High Court Freezes Craig Wright’s Assets – CoinJournal
The UK High Court recently made a significant decision regarding the assets of Craig Wright, the Australian computer scientist who had previously sued Peter McCormack, an entrepreneur and podcast host. Peter McCormack had applied...
Lawsuit: Former Northern Data Executives Sue Tether-Backed Company for Fraud
Joshua Porter and Gulsen Kama, former executives of Tether-backed German tech company Northern Data, have taken legal action against the company, claiming they were wrongfully terminated for raising concerns about financial misconduct and tax...
SEC Concludes Investigation into ConsenSys, No Legal Action Taken
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, a prominent technology incubator company known for products like the MetaMask wallet. The SEC informed ConsenSys' lawyers that it is not...
