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The US Securities and Exchange Commission (SEC) has taken legal action against Silvergate, alleging the crypto-friendly bank’s involvement in fraud related to the now-bankrupt crypto exchange FTX. Filed on July 1 in the US District Court…
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On Friday, a class action lawsuit was brought against Keith Gill, a.k.a. Roaring Kitty, claiming that his massively popular social media activities drove up the price of GameStop (GME) stock for his own…
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A GameStop investor who accused Roaring Kitty of committing securities fraud has voluntarily dropped the complaint “without prejudice” meaning he can file another similar lawsuit again in the future. Source link
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Keith Gill is facing a new class-action lawsuit stemming from his recent social media posts. However, a lawyer says the case is likely “doomed” to fail. Source link
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The settlement would resolve a civil lawsuit filed by the Securities and Exchange Commission following Terraform’s collapse in 2022. Source link
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Telsa CEO Elon Musk has dropped his lawsuit against OpenAI and its CEO Sam Altman. Musk’s decision to drop the lawsuit comes the day before a federal judge was set to decide whether…
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Dapper Labs, the company behind NBA Top Shot and other prominent on-chain collectibles, has settled a yearslong class action lawsuit with disgruntled customers who argued that Top Shot NFTs constituted illegally offered securities,…
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Coinbase cryptocurrency exchange and its CEO, Brian Armstrong, are facing a new lawsuit from a group of plaintiffs from California and Florida alleging that they were deceived into purchasing unregistered securities. This is…
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Key Takeaways Court filings reveal the SEC may have considered Ether an “unregistered security” under Chair Gary Gensler’s leadership since last year; In 2023, the SEC initiated “Ethereum 2.0,” an investigation into Ether’s…
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Key Takeaways Binance executive Tigran Gambaryan has sued Nigeria’s ONSA and the EFCC over alleged human rights violations following his detention. The lawsuit demands the return of Gambaryan’s passport and a public apology….
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Key Takeaways A federal judge has ruled that the SEC’s lawsuit against Coinbase, alleging it operates without proper registration, can proceed. The ruling partially favored Coinbase by dismissing claims it acted as an…