Category: lawsuit
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Alameda Research Files $90 Million Lawsuit Against Waves Founder Aleksandr Ivanov – Details
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Alameda Research, the trading subsidiary of the collapsed cryptocurrency exchange FTXAlameda has begun legal proceedings against Waves founder Alexander Ivanov in an attempt to recover nearly $90 million in assets as part of Alameda’s broader efforts to repay creditors affected by FTX’s 2022 insolvency. Founder of Surf Under Fire In…
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$1.2B Bitcoin Core Lawsuit: Wright Faces Contempt Case
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Australian computer scientist and Bitcoin inventor Craig Wright is facing contempt of court over his lawsuit against the developers of BTC Core and Jack Dorsey’s Square. British Judge James Mellor put Wright’s lawsuit on hold until the request is resolved on December 18. Wright is facing contempt in a lawsuit…
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$1.2B Bitcoin Core Lawsuit: Wright Faces Contempt Case
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Australian computer scientist and Bitcoin inventor Craig Wright is facing contempt of court over his lawsuit against the developers of BTC Core and Jack Dorsey’s Square. British Judge James Mellor put Wright’s lawsuit on hold until the request is resolved on December 18. Wright is facing contempt in a lawsuit…
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Immutable Faces Potential Lawsuit Over Token Sales
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The US Securities and Exchange Commission (SEC) has given good notice to Immutable regarding its sales of IMX tokens. The SEC dispute is related to a 2021 blog post about a pre-launch investment made in IMX tokens at $0.10 or a $10 pre-split of 100:1. Unchangeable questioned the SEC’s ruling,…
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Hacked WazirX Users Take Legal Action – Class-Action Lawsuit in the Works
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Victims of the WazirX hack last July 2024 are now planning to Class action. According to multiple sources, a group of victims is finalizing plans to sue India’s largest cryptocurrency exchange to recover more than $600,000 in cryptocurrency assets. It is the latest development related to the largest in India…
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Ripple Vs. SEC Lawsuit Intensifies: Why Today Is Important And Could Affect XRP Price
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the The ongoing legal battle Cryptocurrency payments company Ripple and the US Securities and Exchange Commission (SEC) are taking another significant step forward this week. Both parties are preparing to take the next step forward in the appeals process. This development could have far-reaching implications not only for Ripple but…
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Bitnomial Files Lawsuit Against SEC
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Bitnomial Exchange, LLC has foot The SEC and its commissioners sued on October 10, challenging the SEC’s claim that XRP is a security. The complaint, filed in the U.S. District Court for the Northern District of Illinois, seeks declaratory relief and injunctive relief against the federal regulator’s attempt to exercise…
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Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports By Reuters
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(Reuters) – Citigroup lawyers urged U.S. District Judge Paul Oetken to dismiss a lawsuit filed in January by Attorney General Letitia James, which accuses the Citibank unit of failing to compensate customers who fall victim to online scammers, Bloomberg News reported on Tuesday. The report added that the lawyers said…
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Russia files lawsuit against Shell units, court documents show By Reuters
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MOSCOW (Reuters) – Russia’s prosecutor general has filed a lawsuit against a number of units of energy major Shell (LON:), court documents showed on Friday. The lawsuit filed before the Moscow Arbitration Court on October 2 was directed against eight units of Shell. The documents indicated that Gazprom (MCX:) Export,…
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Swedish union files lawsuit against Tesla over labour conflict By Reuters
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Written by Isabel Carlson STOCKHOLM (Reuters) – Swedish labor union IF Metall has filed a lawsuit against Tesla Inc (NASDAQ:), alleging the company failed to inform employee representatives of changes in the workplace, which is mandatory under the country’s labor laws, union officials said on Thursday. This was the second…
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Lawsuit accuses YouTube of harming youth mental health
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The state of Arkansas filed a lawsuit against YouTube and its parent company Alphabet on Monday, saying the video-sharing platform has become intentionally addictive and fueling a mental health crisis among youth in the state. Attorney General Tim Griffin’s office filed the lawsuit in state court, accusing them of violating…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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Why Apple dropped its lawsuit against NSO
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Apple has tried to present itself as fighting the phenomenon of iPhone hacking by states and security organizations, and three years ago filed a lawsuit in San Francisco against the Israeli cyberattack company NSO. At the time, the company was the subject of investigative reports by journalists around the world,…
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Why Apple dropped its lawsuit against NSO
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Apple has tried to present itself as fighting the phenomenon of iPhone hacking by states and security organizations, and three years ago filed a lawsuit in San Francisco against the Israeli cyberattack company NSO. At the time, the company was the subject of investigative reports by journalists around the world,…
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Trojan condoms contain ‘forever chemicals,’ lawsuit claims By Reuters
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By Jonathan Stempel NEW YORK (Reuters) – A new lawsuit on Monday alleged that condoms made by Trojan Inc. are unsafe because they contain “permanent toxic chemicals” linked to cancer. In a proposed class action lawsuit filed in federal court in Manhattan, plaintiff Matthew Goodman said: Church and Dwight The…
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Elon Musk And Tesla Win Dogecoin Lawsuit
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In a major legal victory, Elon Musk and his electric car company, Tesla, have secured the dismissal of a high-profile lawsuit accusing them of manipulating the price of the cryptocurrency Dogecoin (DOGE). The lawsuit, brought by a group of disgruntled Dogecoin investors, sought a staggering $258 billion in damages, alleging…
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Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin By Reuters
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By Jonathan Stempel NEW YORK (Reuters) – Elon Musk and his electric car company Tesla Inc won a federal lawsuit on Tuesday that accused them of defrauding investors by promoting the cryptocurrency Dogecoin and conducting insider trading that caused billions of dollars in losses. U.S. District Judge Alvin Hellerstein in…
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Court Deals Double Blow To Kraken: SEC Lawsuit Moves Forward
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In a major legal setback for one of the largest cryptocurrency exchanges, a California judge has ruled to revoke its license. to rule Cryptocurrency platform Kraken is set to face a lawsuit filed by the US Securities and Exchange Commission (SEC). Kraken faces uphill legal battle The SEC alleges that…
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Disney drops bid to use Disney+ contract to halt allergy death lawsuit
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Disney has backed down from its attempt to take a wrongful death lawsuit to arbitration, after a public backlash. The lawsuit, filed by Jeffrey Piccolo, seeks justice for the death of his wife, Dr. Kanokporn Tangsuwan, who died in 2023 after suffering a severe allergic reaction at Disney World in…