by COINS NEWS - 1 year ago
tldr; A class-action lawsuit has been filed against Solana on the grounds that the smart contract platform is not as decentralized as advertised. The lawsuit alleges that Solana cannot fit the definition of “decentralized” when nearly half of its su...
Cryptocoins News / Blockchain - 1 year ago
A former investment manager at Celsius Network filed a lawsuit against the popular crypto lending firm on Thursday, claiming that the firm involved itself in market manipulation and failed to create basic accounting controls to safeguard customer de...
Cryptocoins News / The Cointelegraph - 1 year ago
Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security.
The class action was filed on July 1 by Roche Freedman LLP and Schneider Wallace Cottrell Konecky in the district court for the nort...
by COINS NEWS - 1 year ago
Former asset manager for Celsius files lawsuit alleging the company was a Ponzi scheme
Jason Stone, founder of the KeyFi company who formerly managed assets for Celsius, filed a complaint against Celsius Network in a New York court, alleging the com...
Bitcoin News / Bitcoinist - 1 year ago
The popular pseudonym Twitter account Oxb1 has revealed the identity of the user behind it and, as rumors claimed, it is linked to lending company Celsius. Jason Stone founder and CEO of investment firm KeyFi wrote a thread explaining its relationshi...
Cryptocoins News / The Cointelegraph - 1 year ago
As crypto winter sets in once more, industry players in Australia, one of the world’s most crypto-friendly nations, watch closely for a shift in the regulatory climate.
Anthony Albanese, the new Australian Labor Party prime minister, has made regula...
Cryptocoins News / Blockchain - 1 year ago
Finblox has increased its limits for crypto withdrawals. Crypto staking platform raised the cap from $1,500 monthly to $3,000 daily. Finbox also plans to recover its funds from Three Arrows Capital through legal actions. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
An increase in crypto popularity triggers the moves from different jurisdictions to regulate digital assets. They see the need to control most activities within the space to secure investors’ funds. Hence, lots of regulatory measures come into...
Bitcoin News / Bitcoinist - 1 year ago
The Transfer of Funds Regulation (TOFR) was the subject of a preliminary agreement between the European Union’s Parliament, Council, and Commission on June 29. The regulatory frameworks the E.U. is putting in place for cryptocurrency regulation...
Bitcoin News / Bitcoin.com - 1 year ago
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to conver...
Cryptocoins News / The Cointelegraph - 1 year ago
Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart LLP.In an analysis piece published on Law360 on Tuesday, lawyers...
Cryptocoins News / Blockchain - 2 years ago
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has against digital artist Ryder Ripps and several associates for producing a copycat version of Bored Apes.
In the 43-page lawsuit filed...
Cryptocoins News / The Cointelegraph - 2 years ago
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut off access to U.S. citizens who were not accredited investors,...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by...
Cryptocoins News / The Cointelegraph - 2 years ago
Not even a $258 billion class-action lawsuit alleging a crypto pyramid scheme could stop Elon Musk from publicly displaying his continued support for Dogecoin (DOGE).On Thursday, a New York district court received a class action complaint against the...
Cryptocoins News / The Cointelegraph - 2 years ago
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...
Cryptocoins News / The Cointelegraph - 2 years ago
Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE).
The damages sought are more than 34 times D...
Cryptocoins News / Blockchain - 2 years ago
Ben Armstrong, popularly known as BitBoy Crypto is taking the cessation of withdrawals by crypto lending platform Celsius more personally and has threatened to file a class-action lawsuit against the embattled lender.
Following his on Wednesday st...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk has been a fierce Dogecoin (DOGE) proponent for several years. The Tesla and SpaceX CEO has publicly stated his support for the cryptocurrency allegedly because of its features and capacity to be “fun”.
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