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.
Marvel Characters, a subsidiary of comic book giant Marvel Comics, is still considering whether it will file a trademark lawsuit against Wilsondom LLC over its planned cryptocurrency, the ‘Wacoinda.’
A district court in the United States has junked a motion seeking to remand against Ripple Labs and its subsidiary XRP II.
Venture capitalist Tim Draper has been let off the hook with regards to a class action suit brought by investors of the ill-fated Tezos digital coin.
Google-owned YouTube was charged with negligence in connection with its alleged failure to protect or warn its users that Bitconnect was a scam.
Ripple Labs has been served with yet another lawsuit seeking to have its cryptocurrency, XRP, classified as a security.
Two Nevada men agreed to settle a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) accusing them of illegal sale in blockchain-related company stocks.
Defunct Italian cryptocurrency exchange BitGrail has shot its bolt and would not be reopening anytime soon—on court orders.
Bitcoin Suisse AG has filed a motion in an effort to be removed from a lawsuit against Tezos, indicating that it was in no way involved with the initial coin offering (ICO) launched by the startup in 2017.
