crypto lawsuit

Highlights: Coinbase knew about the data breach in January but disclosed it months later after receiving a ransom demand. A TaskUs employee from India allegedly sold user data belonging to Coinbase. The lawsuits claim Coinbase failed to inform investors about […]

Highlights: The SEC has ended its lawsuit against Binance, marking a major change in its legal approach under new leadership. Binance stated that the dismissal proves it did not break US laws and will now focus on rebuilding its business. […]

Highlights: Circle has frozen USDC linked to LIBRA wallets after a court issued a restraining order. The LIBRA token collapsed after insiders sold 70% of the supply, causing huge losses to investors. The USDC freeze shows stablecoins can be controlled […]

Highlights: ASIC has filed a civil case against Liang Guo over fund misuse during his time at Blockchain Global’s ACX Exchange. Customer funds were mixed and used for other purposes without proper records, leading to the collapse of the exchange. […]

Highlights: Genesis seeks over $3 billion, alleging DCG hid risks and drained funds before bankruptcy. The lawsuits claim DCG moved more than cash during major crypto market crashes. The court has allowed most claims against DCG to proceed as Genesis […]

Highlights: FTX has taken action against two companies for failing to return tokens tied to past agreements. The exchange stated that both firms ignored repeated requests to settle and deliver the assets. FTX is planning more lawsuits as it works […]

Highlights: The SEC has ended its lawsuit against the blockchain firm after ending other lawsuits recently. The case has ended without prejudice after a recent meeting between the two parties. The DRGN token rose over 90% after the deal was […]

Highlights: Alabama has ended the case, allowing time for national crypto policy talks to move forward. Five states still continue legal action against Coinbase over its staking service. Coinbase urges states to drop lawsuits and supports one clear rule for […]

Highlights: Ripple CEO confirms the dismissal of the Ripple case, signaling a new regulatory phase. The $125 million fine is being refunded, with Ripple negotiating payments in XRP. The firm is expanding into institutional markets and DeFi following regulatory changes. […]

Highlights: Shaquille O’Neal agreed to pay $11 million to settle a lawsuit linked to the Astrals NFT project. The settlement covers investors who bought Astrals NFTs or GLXY tokens between May 2022 and January 2024. Astral’s activity has dropped, and […]

Highlights: Nigeria sues Binance for $81.5 billion over alleged tax evasion and economic losses.  Nigerian authorities claim that Binance has aggravated Nigeria’s currency crisis and violated regulatory policies.  Binance has had more charges of money laundering and unpaid taxes for […]

Highlights: Coinbase is facing a lawsuit for misleading investors about the risk of bankruptcy and the security of assets. The lawsuit claims Coinbase hid the risk of losing customer funds during bankruptcy. Investors accuse executives of selling stock while hiding […]