The NFTs that the Los Angeles-based entertainment firm sold in 2021 were securities as the investors expected profits from the actions of the company’s founders, according to the U.S. securities regulator.
The group of investors from Russia who lost $12 million are suing Atomic Wallet for failing to inform them or the authorities about the $100 million hack.
Sotheby's is caught in a legal storm as a group of investors files a class-action suit due to allegations of misleading and price manipulation of Bored Ape Yacht Club token sales.
Lawyers for Ripple Labs filed a letter with the federal judge overseeing its lawsuit against the U.S. SEC, opposing the regulator's expected interlocutory appeal of a July 13 ruling in the case.
Dr. Craig Wright has appointed new counsel in the United States: high-ranked Miami-headquartered firm Greenberg Traurig.
Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject matter of the SEC's complaint "falls outside the agency's delegated authority."
Dr. Craig Wright won against Peter McCormack at a trial for defamation back in 2022 over a series of publications the blogger had made on social media calling Dr. Wright a fraud.
As a result, Dr. Craig Wright’s copyright and database rights case against the BTC partnership—which includes Core developers and entities within the ecosystem such as Coinbase—will proceed on all fronts.
Dr. Craig Wright originally brought claims against the BTC partnership, including its developers and major industry players on three grounds: infringement of Dr. Wright’s database rights over the Bitcoin database, copyright infringement of the Bitcoin white paper and copyright infringement of the Bitcoin file format.
The United Kingdom Law Commission’s report on digital assets included high praise for Dr. Craig Wright’s Tulip Trading case arguing that blockchain developers owe legal duties to those relying on them.
The lawsuit alleges that OpenAI breached the Electronic Communication Privacy Act, Computer Fraud and Abuse Act, California Invasion of Privacy Act, and Illinois’ Biometric Information Privacy Act.
Daniel Friedberg, who worked as an adviser of SBF from 2017 until FTX's implosion in 2022, faces charges over his alleged role as a "fixer" and for breaching his fiduciary duties.
