Tag: legal proceedings

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, 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...

Celsius Network Appeals $2 Billion Disparagement Claim Rejection Against FTXCelsius Network has recently filed an appeal challenging the rejection of its $2 billion disparagement claim against defunct crypto exchange FTX. This appeal comes after...

Investors Sue 'Hawk Tuah' Memecoin Creators for Securities Law ViolationsInvestors are taking legal action against the creators and promoters of the "Hawk Tuah" memecoin, inspired by internet sensation Haliey Welch, for alleged securities law...

Creditors of the now defunct crypto exchange Mt. Gox are facing a concerning issue during the repayment process. It seems that someone is attempting to log into their accounts, causing multiple failed login attempts...

The ongoing case against Tornado Cash developer Roman Storm by the U.S. Department of Justice revolves around the distinction between creating software and controlling a service. Storm, along with fellow developer Roman Semenov, faces...

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...

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...

Nigeria Drops Tax Charges Against Binance ExecutivesTax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla have been dropped by Nigeria's Federal Inland Revenue Service (FIRS). The FIRS revised the charges so that only...

Here he is extradited. The founder and former boss of the FTX cryptocurrency exchange platform, Sam Bankman-Fried, arrived in New York on the evening of December 21 on Wednesday. He must appear before a...