US court dismisses Bancor digital currency fraud case
The judge said the plaintiffs had failed to prove their losses arising from the alleged fraud, and that they lacked the necessary personal jurisdiction to bring the action on behalf of the class.
Latest lawsuit News
MoneyGram suspends Ripple relationship over SEC lawsuit
MoneyGram said it would no longer be using Ripple’s XRP remittance solution until the payments firm sorts out its legal issues with the U.S. securities regulator.
Open source does not mean what you think it means
The Bitcoin community in particular has fetishized the concept open-source to the extent that it has become nearly inseparable from the promise of Bitcoin and blockchain technology generally.
Craig Wright and a brief history of Bitcoin
Dr. Craig Wright now finds himself as the perfect plaintiff to demonstrate the points he has been making for years: that there is nothing about blockchain, Bitcoin or any other digital asset which takes them outside the scope of the law.
Craig Wright begins landmark legal action to retrieve stolen coins
Dr. Craig Wright has begun legal action against the developers of BTC, BCH, BCH ABC and BSV over 111,000 stolen Bitcoin.
Tether, Bitfinex prohibited from operating in New York, pays $18.5M settlement in NYAG case
The NYAG statement is highly critical of Bitfinex and Tether, accusing them of “recklessly and unlawfully [covering up] massive financial losses” and “illegally trading virtual currencies in the state of New York.”
Peter McCormack legal team reappears in pre-trial hearing
The opening phases of the Wright v McCormack trial got underway this week, with the surprise return of Peter McCormack’s legal team.
Ripple ‘unlikely to settle’ before US securities regulator trial
In a letter to the judge in the case, both Ripple and the U.S. Securities and Exchange Commission said they “do not believe there is a prospect for settlement at this time.”
Binance drops defamation suit against Forbes over regulation-avoidance claims
The November 2020 complaint sought damages over an article that alleged Binance had intentionally created structures to evade U.S. regulators.
Bitfinex supposedly repays $750M loan to Tether—why now?
The loan was taken to cover for the loss of $850 million in co-mingled client and corporate funds caused by entrusting its liquidity to a Panamanian company called Crypto Capital, according to NYAG.
BTC miner Bit Digital removes CEO and chairwoman following fraud charges
Bit Digital, the BTC block reward mining firm facing fraud charges in New York, has announced changes to its management.
Hodlonaut pays up: The bill is growing for Craig Wright’s detractors
The amount concerns Dr. Craig Wright’s ongoing defamation case against Magnus Granath and brings the total amount received by Wright in the case to £210,000.