10 / 10 Relevant items tagged with #Lawsuit

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Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court

[Jan 26, 2023 11:01 PM] The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

[Jan 25, 2023 4:30 PM] The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called…

Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'

[Jan 18, 2023 8:14 PM] Ripple CEO Brad Garlinghouse said the firm's XRP lawsuit could come to an end within "single-digit months."

Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria

[Jan 12, 2023 9:00 AM] According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into…

Ooki DAO misses lawsuit response deadline, default judgment on the cards

[Jan 11, 2023 6:10 PM] The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.

Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation

[Jan 10, 2023 12:30 PM] Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert of making poor decisions with the now-defunct…

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

[Jan 7, 2023 11:30 AM] Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are…

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

[Jan 5, 2023 1:30 PM] On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of…

LastPass data breach led to $53K in Bitcoin stolen, lawsuit alleges

[Jan 4, 2023 11:59 PM] A class action is seeking damages from the password manager following a data breach in August 2022.

FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case

[Dec 28, 2022 4:35 PM] According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S…

FTX Customers File Class Action to Claim Assets Within Bankruptcy Case

[Dec 28, 2022 11:30 AM] A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their…

Finder.com sued by Australian regulator over its crypto yield product

[Dec 15, 2022 8:20 PM] ASIC claims a crypto yield-bearing product from Finder’s registered exchange was unlicensed; the firm disagrees but has declined to say if it will fight the suit.

FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

[Dec 13, 2022 6:30 PM] On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance…

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried

[Dec 13, 2022 4:30 PM] On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including…

Judge orders CFTC to serve Ooki DAO founders with lawsuit

[Dec 13, 2022 12:05 AM] The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”

Class action against Kim K, Mayweather over EMAX dismissed… for now

[Dec 7, 2022 9:00 PM] Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.

Fir Tree fund sues Grayscale in effort to force changes to Bitcoin Trust

[Dec 6, 2022 8:02 PM] The New York-based hedge funds want Grayscale to cough up information about its flagship Bitcoin trust which it believes could reveal potential mismanagement.

BlockFi sues FTX's Bankman-Fried over shares in Robinhood

[Nov 28, 2022 6:27 PM] BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement.

Block Earner sued over crypto-yield products, CEO calls for clarity

[Nov 23, 2022 8:01 PM] Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines.