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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’

The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado, where the suit was filed. The company behind Atomic Wal...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

ENS developers urge Unstoppable Domains to drop patents or face lawsuit

ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations. The founder and lead developer of Ether...

Bitcoin News / Bitcoin.com - 2 years ago

Bitget Subsidiary Drops Hong Kong License Pursuit Amidst OSL Acquisition Rumors

The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be linked...

Cryptocoins News / Blockchain  - 2 years ago

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Tether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector. (Read More)

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Robinhood meme stock punters denied class suit certification

A court has rejected a motion requesting class action certification from investors pursuing legal action against Robinhood. Investors pursuing legal action against Rob...

Bitcoin News / Bitcoin.com - 2 years ago

FTX Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others

A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

FTX files billion-dollar lawsuit against ByBit over asset withdrawals

The legal action is pursuing “compensatory and punitive damages” from Bybit regarding the token scheme and the assets held on its platform. The FTX bankruptcy estate,...

Cryptocoins News / Blockchain  - 2 years ago

Sui Donates $1M to London Business School for Web3 Research

Sui, a leading blockchain platform, has donated $1 million to London Business School for Web3 research and education, aiming to prepare future technology and business leaders. (Read More)

Cryptocoins News / Blockchain  - 2 years ago

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures. (Read More)

Cryptocoins News / The Cointelegraph ​ - 2 years ago

ARK Invest and 21Shares partner to launch digital asset ETF suite

Five digital asset ETF products will be listed on the Chicago Board Options Exchange and start trading next week. Investment management firm ARK Invest, led by pro-Bit...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. Binance’s arguments used in i...

Bitcoin News / Bitcoin.com - 2 years ago

Former SEC Official Predicts ‘Big Win’ for SEC in Terra Lawsuit — Expects Continued Rejection of Ripple/XRP Ruling

The U.S. Securities and Exchange Commission’s former head of internet enforcement has predicted a “big win” for the SEC in the lawsuit involving Terraform Labs. The ex-SEC official also expects District Judge Jed Rakoff t...