Tag: Litigation
Crypto’s Bromance With U.S. CFTC May Be One-Sided, Enforcement Record Shows
In recent years, Behnam's agency has routinely been held up in crypto circles as the preferred U.S. regulator. Industry insiders have suggested its ha [...]
Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
When the CFTC denied the application earlier this year, Commissioner Summer Mersinger dissented, arguing, "It is important for the commission to make [...]
Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case
"After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of o [...]
Coinbase Poised to Make Final Court Pitch in Bid to Kill SEC Accusations Quickly
In Coinbase's last word on its motion to get the accusations tossed before trial, a person familiar with the plan said the company will double down on [...]
Rite Aid files for bankruptcy amid slowing sales, opioid litigation
A Rite Aid store stands in Brooklyn on August 28, 2023 in New York City.Spencer Platt | Getty ImagesRite Aid filed for Chapter 11 bankruptcy protectio [...]
Celsius and Core Scientific propose $14M settlement for litigation
Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for [...]
Binance.U.S. Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
“As part of this transition, and because of our preparation for a multi-year and very costly litigation process, the Board has asked Management to shr [...]
Sam Bankman-Fried's Bahamas Litigation May Take ‘Months or Years,’ His Counsel Says
The FTX founder’s lawyers argue that a new Supreme Court judgment shows that he has not committed fraud.
www.coindesk.com [...]
Binance.US coins trade at premium amid litigation fears, fiat gateway issues
On June 7, multiple coins and tokens listed on Binance.US, the U.S. subsidiary of cryptocurrency exchange Binance, began deviating from their fair val [...]
Celcius reportedly prepping litigation against creditor for leaking internal info
A court filing indicates that bankrupt crypto lender Celsius Network either intended to, or is potentially looking at taking legal action against cryp [...]
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
A bitter dispute between Paxful's co-founders Artur Schaback and Mohamad (Ray) Youssef in Delaware's courts may have been the real reason behind the B [...]
NFT-delivered court orders an answer to blockchain-related litigation: Lawyers
Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unre [...]
The weird world of crypto litigation – Cointelegraph Magazine
Want to sue a crypto project that ripped you off? That will be $1 million, thank you. Luckily, there are options for those who face the [...]
Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponised Litigation Against Rivals
AVAX drops to the lowest since July 13 even as Ava Labs CEO dismisses accusation as "conspiracy theory nonsense."
www.coindesk.com [...]
Pharma stocks crater as investors brace for litigation charges
Shares of GSK, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. lit [...]