Tag: Lawsuit

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Citadel abandons multi-year crypto lawsuit to focus on bankruptcy order against an ex-employee

Citadel abandoned its U.S. trade secrets lawsuit against crypto market maker Portofino Technologies, saying it no longer made financial sense to pursue another court...

Massachusetts AG Files Amended Lawsuit Against Kalshi over Sports Betting after Court Ruling

Prediction markets platform Kalshi’s legal battle against Massachusetts will continue after a judge ruled that state authorities could add allegations against the company over...

Satoshi-era BTC at center of $285 billion bitcoin lawsuit moves after 14 years

A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this wee,, becoming one of...

Former FTX Legal Advisor Fenwick & West Settles Lawsuit for $54M

Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a...

Swan Bitcoin Faces Nearly $1B Lawsuit Over Prime Trust Transfers

The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1...

Trump-affiliated World Liberty sues Justin Sun for ‘defamation’ after Tron creator’s lawsuit

World Liberty Financial, the cryptocurrency company affiliated with U.S. President Donald Trump and his family, filed a defamation lawsuit against Tron creator Justin Sun...

Kraken’s parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm’s CEO

Payward, the parent company of crypto exchange Kraken, has accused former custody partner Etana and its CEO, Dion Brandon Russell, of misappropriating more than...

Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group

Law firm charges Circle Internet Financial with failing to freeze $230 million in stolen USDC after the April 1 Drift Protocol exploit, allegedly linked...

Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens

Yuga Labs has settled its lawsuit against artist Ryder Ripps and Jeremy Cahen over their alleged copycatting of its non-fungible tokens (NFTs) from the...

Kalshi Hit With Washington State Lawsuit

Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws...

Gemini Faces Investor Lawsuit Over Post-IPO Strategy Pivot

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shareholders filed a class action lawsuit in New York against crypto exchange...

DeFi Education Fund Drops SEC Lawsuit as Crypto Stance Softens

Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC)...