Lawsuit

Lawsuit

Markets

This Tiny Blockchain Startup’s Tangle With SEC Could End Up as Landmark Case

Whether LBRY’s tokens are deemed securities could set an even bigger precedent than Ripple’s higher-profile SEC suit.

LBRY has likened the SEC's pursuit to that of the relentless French inspector Javert from Les Miserables. (Gustave Brion via Wikipedia, modified by CoinDesk)

Policy

US Tax Agency Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund, Demanded Trial

The Internal Revenue Service argues Joshua and Jessica Jarrett had no right to refuse the refund of almost $4,000, which was paid, and therefore the case should be dropped.

(Douglas Sacha/Getty Images)

Finance

ConsenSys AG Shareholders File for Independent Audit of MetaMask, Infura Transaction

Shareholders are claiming they were jilted in an asset transfer that involved JPMorgan.

The main entrance of ConsenSys's Brooklyn, N.Y., headquarters as seen in 2018. (Holly Pickett/Bloomberg via Getty Images)

Finance

'The People's Network' Is Growing Fast, but Would-Be Miners Are Getting Left Behind

A new lawsuit filed against a California-based distributor of Helium crypto mining rigs offers a glimpse into the supply chain and customer service nightmare plaguing the rapidly expanding protocol.

Balloons (Unsplash/Al Soot)

Finance

Florida Judge Denies Kleiman Estate’s Request for New Trial Against Craig Wright

Wright has “failed to make a single payment” on the $100 million judgment awarded to the plaintiffs in last year’s trial, Kleiman’s lawyer said.

Craig Wright (Rob Mitchell/CoinDesk)

Opinion

Why We Still Need Guidance on Staking Rewards Taxation

A tax consultant and CPA analyzes the recent decision by the IRS to refund $3,200 to the Tennessee couple taxed on their Tezos staking rewards. This piece is part of CoinDesk's Tax Week.

(Pixabay, modified by CoinDesk)

Finance

A Former Bored Ape Owner Is Suing OpenSea for $1M, but His Lawsuit Is Riddled With Errors

Timothy McKimmy says his Bored Ape was sold out from under him for just a fraction of what it was worth.

The original Bored Ape Yacht Club NFT collection features right-facing cartoon apes. (Yuga Labs)

Markets

XRP Climbs 22% Amid Developments in Ripple v. SEC Case

The payments token regained a market cap of $40 billion, moving above Cardano's ADA and Solana's SOL.

(Shutterstock)

Finance

Nike and Hermès File Lawsuits for Trademark Infringement as Fashion Collides With NFTs

The sportswear brand says online sneaker reseller StockX is “blatantly freeriding” on its trademark.

Hermes Birkin (EmmaKisstina/flickr)

Policy

Tether Responds to CoinDesk’s Intervention in Legal Proceedings

The stablecoin issuer maintains its reserves are "closely guarded" and give it a competitive advantage.

New York State Supreme Court (Mike Coppola/Getty Images)