Tag: legal action
Democrats Respond to Trump Memecoin Dinner with Threats and Protests
Democratic lawmakers, in a flurry of actions, are making a big fuss about Donald Trump's memecoin dinner, calling it "corrupt." The drama unfolded in Washington, D.C., with threats of lawsuits, new legislation, and planned...
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...
DraftKings Lawsuit Sparks NFT Securities Trial in U.S. Court
A recent development in the world of non-fungible tokens (NFTs) has sparked a legal battle that could potentially redefine how these digital assets are classified in the United States. A U.S. judge in Massachusetts...
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...
Court Approves Accelerating Consensys vs. SEC Lawsuit for Quick Resolution
A federal judge has approved a timeline for the court to consider the lawsuit filed by software firm Consensys against the US Securities and Exchange Commission (SEC) and its commissioners. In a filing on...
Silvergate Settles SEC Lawsuit for $50M; Faces $63M Fine from Fed and California Regulator
Silvergate Capital recently settled a lawsuit with the SEC for $50 million, while facing additional fines of $63 million from the Federal Reserve and the California Department of Financial Protection and Innovation. The SEC...
Gemini Pays $50 Million to New York for Investor Fraud – CoinJournal
Gemini Trust has agreed to pay $50 million to the New York Attorney General Letitia James for defrauding investors in the Gemini Earn program. This money will be used to reimburse more than 230,000...
New York Recovers $50 Million from Gemini for Defrauded Investors – CoinJournal Gemini Pays $50...
New York Attorney General Letitia James recently announced that $50 million has been recovered from Gemini Trust. This money was defrauded from Gemini Earn users, and it will now be used to repay more...
