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lawsuit News and Articles



Ripple SEC Eth docs

Ripple Will Access the SEC’s Docs on Ethereum, Judge Decided

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As per a recent decision by the US Magistrate Judge Sarah Netburn, the SEC will disclose emails related to a speech, in which an ex-official William Hinman stated that Eth isn't a security in 2018. Then, he said that the cryptocurrency is decentralized enough. This speech plays a major role in the...

lawsuit

SEC wins $13M lawsuits against Bitconnect representatives

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The US SEC announced court decisions against two representatives of the Bitconnect crypto lending platform, which it considers to be a $ 2 billion unregistered securities offering scheme. In May 2021, the regulator indicted four alleged Bitconnect promoters, Trevon Brown, Craig Grant, Ryan Maasen,...

SEC vs Ripple XRP

Ripple Got Access to Binance’s Records

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The US SEC vs Ripple case can come closer to its solution with Magistrate Judge Sarah Netburn's decision to grant Ripple CEO Brad Garlinghouse access to reports of leading crypto exchange Binance. Per the decision announced on August 3, Ripple’s becoming able to hold discovery across the US...

Upbit

Bitcoin exchange Upbit accused of patent infringement

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Upbit, one of South Korea’s largest cryptocurrency exchanges, has faced a lawsuit filed by a university foundation for infringement of intellectual property rights. The Seoul University-Industry Cooperation Foundation claims that the trading platform infringed a patent on its “Secure...

Jay-Z Dame Dash NFT

Jay-Z and Roc-A-Fella Sued Dame Dash Over an NFT

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American hip-hop record label Roc-A-Fella established by Jay-Z, Damon Dash, and Biggs Burke sued Damon Dash for intending to mint and sell Jay-Z's first album "Reasonable Doubt" as an NFT. The lawsuit shows that Dash intended to purchase an NFT of the album on the network SuperFarm via an...

SEC vs Ripple decision May

The SEC's Request to Access Ripple's Legal Concerns Refused

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SEC vs Ripple lawsuit is in the process. On May 30, another decision on the case was published, where the US Magistrate Judge Sarah Netburn announced denying the SEC's request to access Ripple Lab's legal counsel records. The government agency found the step would bring more clarification. Per the...

LBRY SEC

SEC Files a Complaint Against Blockchain Network LBRY

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On March 29 the U.S. SEC has submitted a suit against the distributed content protocol LBRY. The agency stated LBRY is trading unlisted securities via its native cryptocurrency and that there is a violation of the Securities Act of 1933. LBRY is a decentralized project created for content. Its...

Ripple settles with Youtube

Ripple Settled the Lawsuit Filed Against YouTube Last Year

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The CEO of Ripple Labs Brad Garlinghouse tweeted today to inform the followers about the settlement of the lawsuit with Youtube. Last year, @Ripple and I sued @YouTube for failing to enforce its own policies by allowing fake accounts (impersonating my/Ripple’s verified accounts) to conduct XRP...

McAfee charged

Entrepreneur John McAfee Faces Lawsuit for Crypto Hoax

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US Attorney's Office for the Southern District of New York submitted a lawsuit against the architect of the McAfee antivirus software firm John McAfee and the executive advisor of his cryptocurrency staff Jimmy Gale Watson with funds scam and money laundering. The police detained Jimmy Watson on...

MoneyGram lawsuit

Rosen Law Firm Accused MoneyGram of Wrong XRP Assertions

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Major money transfer system MoneyGram encounters a lawsuit that claims it didn't inform users about XRP's class as unlisted security. The initiator of the legal proceedings was Rosen Law Firm which introduced a representative action on March 1. The suit was in the name of depositors that traded...

Binance sues Forbes

Binance Sues Forbes Journalists

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The crypto trading platform Binance has sued Forbes and two authors for issuing an article in October that the company finds defamatory. The suit, submitted in US District Court in New Jersey, claims that the article—” Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme to Evade...

JP Morgan

JPMorgan will pay $2.5 million in a lawsuit

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JPMorgan agreed to pay $ 2.5 million to settle a class-action lawsuit about irrational fees that the bank charged for transactions when purchasing cryptocurrencies. The lawsuit was filed in April 2018 against Chase Bank, a subsidiary of commercial holding JP Morgan Chase, which specializes in...

Canaan mining

A class-action lawsuit filed against Canaan Creative

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Rosen Law Firm filed a class-action lawsuit against Canaan Creative on account of buyers of its securities. The manufacturer of bitcoin miners was accused of manipulating information during an IPO. According to a press release, investors intend to recover from Canaan Creative losses incurred after...

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