Tag: Legal

Gary Wang, the former chief technology officer at FTX, has requested to serve no prison time for his involvement in the crypto exchange's 2022 implosion. Wang, who pleaded guilty to four criminal counts in...

Terraform Labs' Do Kwon Pleads Not Guilty to Fraud: Latest UpdatesDo Kwon, the mastermind behind Terraform Labs and the developer of the luna cryptocurrency and stablecoin terraUSD, found himself in hot water as he...

Heather "Razzlekhan" Morgan, who was involved in laundering the proceeds of the 2016 Bitfinex hack carried out by her husband Ilya "Dutch" Lichtenstein, has been sentenced to 18 months in prison. This incident resulted...

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...

Legal documents recently revealed that Elon Musk took action to prevent OpenAI from launching an initial coin offering (ICO) back in 2018. Musk, who co-founded OpenAI and was a significant donor, believed that the...

Federal law enforcement officials conducted a raid on the home of Shayne Coplan, the CEO of Polymarket, a popular prediction market. Polymarket gained attention during the U.S. presidential election for accurately predicting Donald Trump...

New York prosecutors are making changes to their approach to crypto enforcement as leadership transitions within the office. The US Attorney's Office in Manhattan will be scaling back its focus on crypto crimes, with...

A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...

Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam Bankman-Fried.Bankman-Fried negotiated to buy...

Unpaid royalties are a significant issue in the music industry, with artists losing out on millions, if not billions, of dollars globally. The recent lawsuit by Limp Bizkit against Universal Music Group sheds light...