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Category: suit

  • US judge tosses SEC fraud suit against Hex founder Richard Heart

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    Investor Empires

    The provincial court judge rejected a lawsuit from the US Securities Organizer, which accuses the Hex Richard Hart founder of collecting more than one billion dollars through unregistered encryption offers and defrauding investors worth $ 12.1 million. Hart, whose real name is Richard Schoiler, was also accused of spending those…

  • Disney to Merge Hulu + Live Into FuboTV, Settle Venu Suit

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    Investor Empires

    (Bloomberg) — The Walt Disney Co. has agreed to merge its Hulu + Live TV streaming service with FuboTV Inc. Which focuses on online sports, creating the second largest digital pay-TV provider. Most read from Bloomberg Under the deal, Disney will merge its Hulu + Live TV business into Fubo,…

  • Ethereum On The Cusp Of Major Breakout In Q1 2025, Altcoins Expected To Follow Suit

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    Investor Empires

    This article is also available in Spanish. With Ethereum (ETH) trading steadily above the $3,300 level, market analysts are beginning to forecast a potential rebound that could reshape the altcoin landscape. Currently trading at $3,321, ETH’s resilience has been notable, especially amid the broader market correction led by Bitcoin (BTC).…

  • Meta to pay $1m to settle job ads discrimination suit

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    Investor Empires

    Meta (formerly Facebook) will pay $1 million and implement a major overhaul of its advertising in Israel, in a precedent-setting settlement filed this week in a local labor court. The settlement reveals how the world’s largest social network allowed employers to discriminate against job seekers based on age and gender.…

  • Crypto.com Files Suit Against SEC After Receiving Wells Notice

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    Investor Empires

    On Tuesday, digital asset exchange Crypto.com became the latest target of the U.S. Securities and Exchange Commission (SEC), which has increasingly used a regulation-by-enforcement strategy over the past year. This latest action follows the SEC’s previous audit of trading platforms, including Robinhood, just a few months ago. Crypto.com accuses SEC…

  • Crypto.com Files Suit Against SEC After Receiving Wells Notice

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    Investor Empires

    On Tuesday, digital asset exchange Crypto.com became the latest target of the U.S. Securities and Exchange Commission (SEC), which has increasingly used a regulation-by-enforcement strategy over the past year. This latest action follows the SEC’s previous audit of trading platforms, including Robinhood, just a few months ago. Crypto.com accuses SEC…

  • US judge approves expedited schedule for Consensys suit against SEC

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    Investor Empires

    A U.S. judge has granted a request by software company Consensys seeking an accelerated timeline in its lawsuit against the U.S. Securities and Exchange Commission (SEC). In a July 1 filing, Judge Reid O’Connor agreed to a timetable in which the court will now consider the substance of ConsenSys’ case…

  • US judge approves expedited schedule for Consensys suit against SEC

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    Investor Empires

    A U.S. judge has granted a request by software company Consensys seeking an accelerated timeline in its lawsuit against the U.S. Securities and Exchange Commission (SEC). In a July 1 filing, Judge Reid O’Connor agreed to a timetable in which the court will now consider the substance of ConsenSys’ case…