Tag: Legal
Former FTX CTO Appeals for Non-Custodial Sentence in Bankman-Fried Case
FTX’s former Chief Technology Officer, Gary Wang, is making a plea for a non-custodial sentence as he awaits his upcoming sentencing date on November 20. In a sentencing memo dated November 6, Wang's legal...
Blockchain: The Ultimate Fix for Unpaid Artist Royalties?
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...
Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis
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...
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw Case
Elon Musk Dodges $259B Lawsuit as Dogecoin Investors Withdraw Case A lawsuit accusing Elon Musk of manipulating the price of Dogecoin has come to a close as investors have decided to withdraw their appeal after...
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...
Gary Wang Requests No Jail Time in FTX CTO Case
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 Updates
Terraform Labs' Do Kwon Pleads Not Guilty to Fraud: Latest Updates Do 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 Sentenced to 18 Months for Bitfinex Hack
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 Blocks OpenAI’s ICO Plans: Court Filings Revealed
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...
New Title: FBI Raid on Polymarket CEO’s Home
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...
