Latest lawsuit News

BitConnect faces fresh class action lawsuit: report
Business 18 October 2018

BitConnect faces fresh class action lawsuit: report

A newly consolidated lawsuit has been filed against BitConnect, several months after several cases have been brought forth against the company's alleged fraudulent pyramid scheme at the beginning of 2018.

ICO falsely claiming SEC approval faces lawsuit
Business 12 October 2018

ICO falsely claiming SEC approval faces lawsuit

In the latest example of the SEC ramping up efforts against scam coins and ICOs, the commission petitioned a court to secure an emergency order against Blockvest LLC and its founder, Reginald Buddy Ringgold III.

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit
Business 28 September 2018

US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit

A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.

Disgruntled ICO investor takes Unikrn to court
Business 20 August 2018

Disgruntled ICO investor takes Unikrn to court

Unikrn, an esports betting startup based in Seattle, has been slapped with a class action lawsuit by an investor who accused the company of breaching U.S. securities laws during its initial coin offering (ICO) in 2017.