Fresh Ripple class action lawsuit filed in Florida
The lawsuit has been filed by a Tyler Toomey, who purchased 135 XRP in November 2020, before selling at a 50% loss in December.
The lawsuit has been filed by a Tyler Toomey, who purchased 135 XRP in November 2020, before selling at a 50% loss in December.
Plaintiffs in a lawsuit against top leaders at embattled digital currency exchange BitMEX want the presiding judge to keep the suit alive.
Block reward miner Bit Digital faces a class-action lawsuit in the Southern District Court of New York as investors are accusing the firm of making false and misleading statements.
The Swiss blockchain technology company is being sued under U.S. securities laws, with investors arguing that the U.S. rules should still apply to the firm’s unregistered digital tokens.
The court approved the bid from investor Tetragon to prevent Ripple from buying any more XRP, or redeeming other investor stock, until Tetragon’s stake had been redeemed.
The outcome of the case could have a huge impact on digital asset markets, with Tether regarded as the asset that backs up much of BTC's (and other popular assets) price.
The decision follows a filing by the U.S. securities regulator against parent company Ripple Labs Inc. for failing to register with the SEC.
The ruling concerns an appeal by Dr. Wright to overturn an earlier decision in which a High Court judge declined jurisdiction to hear his defamation case against Norway-based Twitter user Magnus Granath.
Following Ramona Ang’s victory over Reliantco in last year’s trial, the UK High Court has ordered the company to pay almost £1.5 million.
With a large portion of the "money" flowing into digital asset markets recently coming from USDT, any regulatory action against it could have a large negative impact, Jon Southurst writes.
Ripple's CEO Brad Garlinghouse has answered what he calls " five (5) key questions" about the Ripple vs. the SEC lawsuit.
Expect a rocky road ahead in 2021 for tokens as regulators are just getting started to enforce the law.