Kim Kardashian, Floyd Mayweather, and former Celtics player Paul Pierce were sued for luring investors to the ill-fated EthereumMax, but are poised to get away scot-free.
The claimants seek $57 million as damages for losses suffered during the de-pegging of TerraUSD (UST) from the U.S. dollar.
The lawsuit further claimed that by locking users out of their accounts, Coinbase caused them financial harm, in addition to offering unregistered securities.
According to a veteran law firm Scott+Scott, Yuga Labs lured unsuspecting investors to part away with hard-earned funds by using celebrity promoters “to inflate the price of the NFTs and tokens.”
Trezor users claim Intuit failed to protect Mailchimp data, leading to targeted phishing attacks that saw some lose their digital assets to scammers.
A Uniswap user claims Uniswap, its founder and backers have been aware of fraud, pump and dumps, and rug pulls on the exchange but didn’t do anything to stop it.
The plaintiff bringing the suit is Adam Alfia, a trader who was the victim of a hack which led to $50,000 worth of Ethereum purchased using his account without his knowledge.
Coinbase is facing a class-action lawsuit claiming that it had misleading and false statements in its registration statement and prospectus.