lawsuits


Policy

US Bitcoin Mining Firm Layer1 in Legal Tussle Over Power Facility Ownership

Layer1 Technologies is facing a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm.

Máquinas de minería de bitcoin (Shutterstock)

Policy

$28M MakerDAO 'Black Thursday' Lawsuit Moves to Arbitration

The class-action alleged the Maker Foundation and others knowingly misrepresented the risks of investment in MakerDAO.

MakerDAO CEO Rune Christensen

Policy

OneCoin Investors Allege BNY Mellon Aided $4B Fraud

Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now added allegations against BNY Mellon to their lawsuit.

BNY Mellon, Bank

Policy

Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General

The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017.

Suffolk County Superior Court in Boston.

Markets

Bitcoin News Roundup for Sept. 10, 2020

With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Policy

Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.

Poolin co-founder Zhibiao Kevin Pan (CoinDesk archives)

Policy

Australian Payments Firm Sues Ripple for Use of PayID Trademark

NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of trademark infringement.

Ripple CEO Brad Garlinghouse

Finance

A Former Beauty Queen Raised $12M to 'Revolutionize' Cannabis. The Courts Can't Find Her

Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.

(Dimitri Bong/Unsplash)

Markets

Sirin Labs Founder Sued Over Unpaid $6M Factory Bill for Finney Blockchain Phone

The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills.

Sirin Labs CEO Moshe Hogeg presenting on Finney's security features at Token Summit III, May 17, New York City. (Brady Dale/CoinDesk)

Markets

Appeals Court Backs Coinbase in Bitcoin Gold Fork 'Breach of Contract' Lawsuit

A California appeals court has backed a prior judgment that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017.

Coinbase CEO Brian Armstrong