Lawsuit

Lawsuit

Financiën

US Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers

The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.

Comedian Larry David appeared in a Super Bowl ad for FTX (Jeff Kravitz/FilmMagic for HBO)

Video's

Kim Kardashian Likely to Win EthereumMax Investor Lawsuit: Report

Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX) after a judge tentatively dismissed the case on Monday, according to a Bloomberg report. "The Hash" hosts discuss the ongoing story and lessons learned.

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Beleid

Crypto Investor a16z Wants to Join Ooki DAO Defense Against CFTC

Andreessen Horowitz is just the latest entity looking to argue the commodities regulator must serve its lawsuit against individual members of the DAO, not the DAO itself.

A16z's flagship crypto fund loses 40% in the first half of 2022. (Haotian Zheng/Unsplash)

Financiën

Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius

The assets will be sent to a designated Celsius wallet, and will await court orders about how they should be distributed.

Tom Pageler CEO at Prime Trust (LinkedIn)

Beleid

Hodlonaut Wins Norwegian Lawsuit Against Self-Proclaimed ‘Satoshi’ Craig Wright

In her ruling, Judge Helen Engebrigtsen wrote that “Granath had sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he is Satoshi Nakamoto.”

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

Financiën

Effort to Reverse SEC Rejection of Bitcoin ETF Wins Broad Crypto, TradFi Support

Regulators rebuffed Grayscale's attempt to convert its bitcoin trust into an ETF. Grayscale has powerful allies as it seeks to overturn that decision.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Beleid

DAOs Aren't People, Crypto Lawyers Tell Court in CFTC's Ooki Case

The CFTC should serve the people it believes are responsible for Ooki DAO's alleged violations rather than the DAO itself, LeXpunK Army argued Monday.

Attorney Stephen Palley, who co-authored an amicus brief arguing the CFTC should identify and serve the members of Ooki DAO rather than serve the DAO as an entity online. (Shutterstock/CoinDesk)

Beleid

Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO's Members

Paradigm has become the third entity to try and join the Ooki DAO case, arguing the CFTC should identify and serve its lawsuit against individual members rather than the DAO as a whole.

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)

Beleid

US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report

The firm was removed even after its controversial founder Kyle Roche filed to withdraw from the case.

French authorities sentenced two men to jail for using crypto to fund terrorism in Syria (Shutterstock)

Beleid

Second Crypto Group Objects to CFTC's Use of Chatbot to Serve Legal Papers

The DeFi Education Fund wants the CFTC to identify and serve Ooki DAO's actual members, rather than just serve the DAO at large.

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)