Class-action lawyer against $1B Arbistar scam calls for forceful legal action
A lawyer representing plaintiffs in a class-action lawsuit against an alleged billion-dollar digital currency scam is calling for forceful action against the perpetrators.
A lawyer representing plaintiffs in a class-action lawsuit against an alleged billion-dollar digital currency scam is calling for forceful action against the perpetrators.
Alex Leigl, the CEO of Layer1 Technologies has been embroiled in a legal battle with the firm’s founders, culminating in a settlement that sees him leave the firm he has led since 2018.
The complaint alleges Mark Karpeles engaged in fraud by taking $400 million from the exchange, which he subsequently blamed on hackers.
A U.K. court has also found that Ramona Ang's husband, Dr. Craig Wright, is also entitled to have his share of costs covered following her successful lawsuit vs Reliantco exchange operator in November.
Ethereum developer Virgil Griffith is still unaware of the exact crimes the U.S. government is charging him with, his lawyers have claimed.
Win or lose, an ILO token could potentially be traded on the open market, with price speculation creating profits far higher than any amount needed to fund litigation.
Crypto Traders Management grabbed headlines in July after two of its investors filed a lawsuit alleging the firm, and its founders, had defrauded them.
There has been no sign of slowing down for the digital currency industry as the recent G7 meeting concluded that world governments agree on digital assets regulations.
Facebook has been threatened with legal action after rebranding its Libra stablecoin to “Diem,” following objections from a finance startup with the same name.
The trial was originally scheduled for May 4, 2021, but the Court had accepted a request by Wright’s lawyers to expedite the trial.
Reginald Fowler has been accused of misleading his lawyers regarding his financial status, having paid just $25,000 since the case started in 2018.
Cred is accused of operating as an “unlicensed hedge fund [...] rife with fraud and deception on ‘Madoff’ level proportions.”