lawsuits


Markets

SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security

Investors suing Ripple have started citing the SEC’s token guidance to back their claim that XRP is an unregistered security.

Ripple CEO Brad Garlinghouse (CoinDesk Archives)

Markets

Kik Says SEC Lawsuit 'Twisted Facts' About Startup's $100 Million Token Sale

Kik claims the SEC took comments out of context and manipulated facts in its suit alleging the firm’s token sale violated securities laws.

Kik app icon

Markets

Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules

Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse.

Mark Karpeles, former Mt. Gox CEO

Markets

AT&T Fails to Win Dismissal in $24 Million Crypto SIM-Swap Lawsuit

Crypto investor Michael Terpin has won an early victory in his attempt to sue AT&T over a SIM-swapping hack that lost a claimed $24 million.

USD and SIM card

Markets

New Jersey Takes Online Market to Court Over 2018 Crypto Token Sale

The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns.

New Jersey

Markets

Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation

Mt. Gox founder Jed McCaleb has been accused in court of hiding issues at the now-collapsed exchange before selling it to Mark Karpeles.

Jed McCaleb

Markets

Ex-Employee Sues Startup Behind Zcash for $2 Million Over Unpaid Stock

The plaintiff alleges Zerocoin did not have authority to issue common stock to employees when he was hired.

(Shutterstock)

Markets

Firm That Saw Stock Boost After Crypto 'Pivot' Hit With New SEC Charges

The SEC filed fresh fraud charges against Longfin Corp. on Wednesday, alleging the company falsified its accounting. Longfin's stock price jumped after it announced a crypto pivot in 2017.

SEC (Image via Mark Van Scyoc / Shutterstock)

Markets

The SEC Case Against Kik's ICO Appears Strong, Experts Say

The SEC seems to have a strong case on the facts in its complaint against Kik and its 2017 token sale, according to legal experts.

Kik app icon

Markets

The 8 Biggest Bombshells From the SEC's Kik ICO Lawsuit

In a complaint filed Tuesday, the SEC laid out where Kik allegedly ran afoul of U.S. securities law with its $98 million ICO in 2017. It also revealed a lot more.

Ted Livingston, Kin Ambassadors event, April 2018, NYC. Photo by Brady Dale for CoinDesk.