The Winklevoss brothers are suing Charlie Shrem, claiming the crypto investor and entrepreneur owes them some $32 million worth of cryptocurrency from a previous business deal.
After the Securities and Exchange Commission (SEC) shuts down the Mayweather-backed ICO over fraud charges, the boxing champ might have to respond personally for his involvement.
What could possibly be one of the largest private cryptocurrency lawsuits to ever hit the courts has been settled.
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.
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.
A cryptocurrency exchange in South Korea has been sued over its alleged price-pumping schemes that involves token issuance.
Shareholders of crypto mining and investing firm MGT Capital Investments have filed a class-action lawsuit against the company over allegations of a pump-and-dump scheme that manipulated the price of MGT shares.
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.
Reports are surfacing that major banks could be fined as much as $400 billion by 2020 for malpractice.
Patrick Kerry McDonnell, operator of Cabbage Tech Corp. aka Coin Drop Markets, has been permanently banned from trading in digital assets and ordered to cough up $1.1 million in fines in connection with a case filed by the U.S. Commodity Futures Trading Commission (CFTC).
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.