lawsuits


Finance

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing

Schwartz's channel was suspended for impersonation, but he's no idea why.

jk

Markets

SEC Opposes Blockchain Association's Brief Supporting Kik, Says Group Isn't 'Neutral'

The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.

SEC Chairman Jay Clayton

Markets

SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik doubled down on their respective views of whether the 2017 KIN token sale was a securities transaction in new legal filings published late Friday.

The Kin cryptocurrrency was launched by the social media app Kik back in 2017. (Sharaf Maksumov / Shutterstock)

Markets

SEC Sues Dropil Founders for Fraud After $1.8M Token Sale

The SEC has charged three California residents with defrauding investors of $1.8 million through an unregistered token sale.

SEC logo

Markets

Ripple Sues YouTube for Allowing 'Scams' That Promise Free XRP

Ripple Labs and CEO Brad Garlinghouse are suing YouTube over allegations that the video streaming giant has failed to police its platform against fake XRP giveaway scams, resulting in monetary damage to users and reputational harm to Ripple.

Ripple CEO Brad Garlinghouse

Tech

MakerDAO Users Sue Stablecoin Issuer Following 'Black Thursday' Losses

A lawsuit against the Maker Foundation claims the DeFi platform “intentionally misrepresented the risks associated with CDP ownership.”

Maker Foundation CEO Rune Christensen (CoinDesk archives)

Policy

OneCoin Lawsuit Could Be Thrown Out Over Plaintiff Failings, Warns Judge

A class action against the accused cryptocurrency Ponzi scheme may be dismissed with prejudice unless the plaintiffs up their game.

(Shutterstock)

Policy

Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales.

U.S. Southern District Court, New York

Policy

Victims Accuse Wells Fargo Subsidiary of Turning Blind Eye to $35M Crypto Ponzi

Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors.

Credit: Alejandro Guzmani / Shutterstock.com

Policy

AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn't Read Terms

Terpin claims he lost $24 million in crypto due to AT&T's negligence. The firm says he didn't read the company's policy documents.

Credit: Jonathan Weiss / Shutterstock.com