crypto lawsuit

Highlights: LayerZero and FTX Estate reached a settlement after two years of legal battles over a disputed transaction. The dispute involved a $45 million loan forgiveness deal between LayerZero and Alameda Research before FTX’s collapse. LayerZero repurchased FTX’s shares and […]

Highlights: The judge confirmed the SEC’s authority in the Kraken case and rejected the “major questions” argument. Kraken expands globally despite SEC lawsuits, plans EU entry, IPO, and partnerships. SEC pushes crypto regulation while lawsuits target Kraken, Coinbase, and Binance […]

Highlights: U.S. Supreme Court allows class action lawsuit against Binance to proceed over unregistered token sales. Binance faces claims of selling risky digital tokens without proper warnings to U.S. investors. SEC labels Binance a fraud while the platform battles multiple […]

Highlights: Solana co-founder sued for alleged crypto staking reward misuse. Solana’s staking gains have caused Elisa Rossi to suffer a huge loss. The case also illustrates the difficulties in crypto asset divorce disputes. Stephen Akridge, co-founder of blockchain platform Solana, […]

Highlights: Kraken challenges the SEC’s authority, arguing digital assets are not securities under the Securities Act and Exchange Act. Kraken seeks a jury trial, maintaining its stance that it did not violate federal securities laws. SEC lawsuit against Kraken proceeds […]

Highlights: The SEC charged Galois Capital for failing to safeguard crypto assets, leading to a $225,000 penalty. Galois Capital misled investors about redemption periods, allowing some to redeem earlier than others. The firm lost half of its assets in the […]

The Mukamal family, owners of Vandelay Industries, accuses Bitwise and its executives of fraud and mismanagement of digital assets. The plaintiffs filed a lawsuit in the Supreme Court of New York City and now seek $2 million in compensation for […]