1 / 10 Relevant items tagged with #Lawsuit

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Coinbase Clashes With Oregon in Surprise Crypto Lawsuit After SEC Exit

[Apr 18 11:30 PM] Coinbase is going on the offensive as Oregon revives a discredited crypto crackdown, slamming the state’s lawsuit as politically driven and dead-on-arrival in court. Coinbase Rips Into Oregon for Rehashing SEC’s Collapsed Crypto…

OpenAI Counter-Sues Elon Musk, Accusing Him of Spreading Misinformation

[Apr 10 7:30 AM] OpenAI has announced a counter-lawsuit against Elon Musk, alleging that his ongoing actions against the organization are bad-faith tactics aimed at undermining its operations and seizing control of its AI innovations for personal gain. In a…

Libra’s ‘Misleading Launch’ Faces Class-Action Lawsuit

[Mar 19 10:30 PM] The class action lawsuit, filed by Burwick Law before the Supreme Court of New York, alleges that Kelsier Ventures, KIP Protocol, Meteora, and other related parties orchestrated an unfair token launch, misleading purchasers and harming Libra’s…

SEC to Dismiss Metamask Lawsuit as Leadership Shifts, Consensys CEO Says  

[Feb 27 7:23 PM] The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement lawsuit against Consensys’ Metamask wallet, CEO Joe Lubin announced Feb. 27, 2025, citing a regulatory pivot under new leadership pending commissioner approval…

Meme Coin Platform Pump.fun Under Fire for Hosting Alleged Impersonation Tokens

[Feb 6 2:30 PM] Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the immediate removal of certain tokens deployed on the Solana-based platform that allegedly misuse their intellectual property (IP) and likenesses of…

Crypto developer sues US attorney general, wants software deemed legal

[Jan 17 5:53 AM] Michael Lewellen has asked a Texas federal court to determine that his crypto startup is within the law and to block the Department of Justice from prosecuting him.

US consumer finance watchdog sued for treating digital wallets like banks

[Jan 17 3:27 AM] The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered by large non-bank companies.

Law firm says it’s pursuing potential legal action against Pump.fun

[Jan 16 12:14 AM] Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick’s client base may be in the millions.

Binance to face class action after US Supreme Court denies petition for review

[Jan 14 3:45 AM] The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.

Art gallery argues NFT holders can’t sue it due to ‘market decline’

[Jan 8 6:06 AM] Eden Gallery argued that a group of NFT owners “may have buyers’ remorse, but their losses, if any, are due to market forces.”

Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations

[Dec 29, 2024 12:30 PM] The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition asserts…

Coinbase faces $1B lawsuit over wBTC delisting

[Dec 13, 2024 6:52 PM] BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC.

US Supreme Court bucks Nvidia’s appeal to dismiss crypto class suit

[Dec 12, 2024 2:25 AM] Nvidia has lost a Supreme Court challenge to try stop an investor-led lawsuit that says it understated its GPU sales to crypto miners.

Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit

[Dec 4, 2024 5:05 AM] Hut 8 argued that a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner.

XRP returns to 3rd-largest crypto after 4-year battle with SEC

[Dec 2, 2024 9:49 AM] XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”

Google asks appeals court to reverse Epic Games’ antitrust case win

[Nov 29, 2024 4:05 AM] Google has sought to overturn Epic Games’ earlier court win that would see the tech giant forced to open its app store to third-party marketplaces and payments.

Oracle Corp again sues crypto firm for alleged trademark infringement

[Nov 27, 2024 4:09 AM] Oracle Corporation sued Crypto Oracle, claiming it had “egregiously and flagrantly violated” a past settlement agreement and court injunction.

Swan Bitcoin sues its lawyers for picking up Tether as client 

[Nov 26, 2024 5:57 AM] Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.

Gary Gensler is leaving the SEC, but replacement will face scrutiny

[Nov 22, 2024 1:44 PM] Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.

Judge rejects Kraken’s bid to challenge decision in SEC case

[Nov 19, 2024 5:32 AM] Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities.

Dogecoin Drama Ends: Investors Drop Elon Musk Lawsuit Appeal

[Nov 16, 2024 4:30 PM] A lawsuit claiming that Tesla’s Elon Musk rigged Dogecoin to benefit his company has ended. According to reports, investors who initially claimed that Musk manipulated Dogecoin’s price have withdrawn their complaint. Also, the group is withdrawing…

18 States Sue SEC, Gensler, Commissioners in Unprecedented Crypto Regulation Battle

[Nov 14, 2024 10:05 PM] Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue SEC, Gensler, and All Commissioners Over Alleged…

Caitlyn Jenner faces lawsuit from JENNER memecoin buyers

[Nov 14, 2024 5:59 AM] A group of JENNER memecoin buyers sued Caitlyn Jenner, claiming she made “false and misleading statements” about the token, which they allege is an unregistered security.

OpenSea users drop securities suit after marketplace demands arbitration

[Nov 11, 2024 2:40 AM] The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”

SEC seeks dismissal of Kraken defenses in ongoing legal dispute

[Nov 7, 2024 1:01 PM] The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”

Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR

[Nov 5, 2024 12:02 AM] Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained.

Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules

[Oct 31, 2024 5:43 AM] Coinbase, a16z, Multicoin Capital and Paradigm filed an amicus brief supporting Beba and DeFi Education Fund’s preemptive lawsuit against the SEC.

FTX estate sues KuCoin to recover over $50M in assets

[Oct 29, 2024 3:25 PM] The assets were initially valued at $28 million but now exceeded $50 million due to market fluctuations. The assets have been frozen by KuCoin since FTX's collapse in November 2022.

Ripple ‘made a mistake’ not talking to regulators early, says CEO

[Oct 24, 2024 3:12 AM] Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, who added it’s now “trying to make up for lost time.”

Teen’s mom sues Character.ai, alleging sexed-up bots led to son’s death

[Oct 24, 2024 2:37 AM] The 14-year-old boy’s last interaction was with a Character.ai chatbot before he tragically shot himself in the head in February, his mom alleged in a lawsuit filed on Oct. 22.