Lawsuit

Lawsuit

Policy

SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds

The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme. 

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)

Policy

Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown

The CFTC’s August action calls for the site to be closed for U.S. users by February 15.

PredictIt, which allows traders to wager on the outcome of political events, has been ordered by the Commodity Futures Trading Commission to shut down U.S. activity in six months. (Jesse Hamilton/CoinDesk)

Policy

Craig Wright Tells Court He ‘Stomped on the Hard Drive’ Containing Satoshi Wallet Keys

“Otherwise, people will end up forcing me into doing something I don’t want to do,” the self-styled Bitcoin creator told a Norwegian court.

The Oslo District Courthouse (Mahlum/Wikimedia Commons)

Policy

Craig Wright Won’t Give Cryptographic Proof He’s Satoshi, His Lawyers Say at Hodlonaut Trial

Wright’s attorneys say his scholarly work, personal history and, above all, his success convincing Gavin Andresen that he held Satoshi’s private keys are proof enough.

Craig Wright at CoinGeek Conference New York (Eugene Gologursky/Getty Images for CoinGeek)

Policy

Binance Sued in Italy Over Exchange Outages, Hearing This Week

A group of Italian and international investors brought a class-action lawsuit against Binance seeking damages for losses sustained during multiple exchange outages in 2021.

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Finance

Bitcoin's Health May Hinge on a Legal Feud in Norway

Some developers say a lawsuit from pseudonymous bitcoiner Hodlonaut against Craig Wright, who claims to be Satoshi Nakamoto, is vital to the cryptocurrency’s growth.

Hodlonaut, who sued Craig Wright in Norway and won. (Trevor Jones for CoinDesk)

Finance

Crypto Twitter Took Center Stage During the First Day of Hodlonaut vs. Craig Wright

If name-calling and bullying is the standard, do words like “fraud” and “scammer” carry the same weight? Hodlonaut’s lawyers say no.

Attorneys discussed crypto Twitter in the opening day of Hodlonaut's case against Craig Wright. (Hodlonaut)

Policy

Who Can Say Who Is Not Satoshi? Hodlonaut and Wright Go to Trial to Find Out

Wright is suing Twitter influencer Hodlonaut over a series of tweets in 2019 in which Hodlonaut called Wright a fraud and a scammer.

Hodlonaut, who sued Craig Wright in Norway and won. (Trevor Jones for CoinDesk)

Finance

Quentin Tarantino Reaches Settlement With Miramax in ‘Pulp Fiction’ NFT Lawsuit

The director’s copyright infringement saga is finally being put to rest.

Director Quentin Tarantino settles a lawsuit with Miramax over NFTs. (Noam Galai/Getty Images)