Latest Posts with lawsuit tag

lawsuit

41 Articles 0 Followers


Grayscale is Dissolving XRP Trust

14 Jan 2021 1 minute read 4 comments Abhimanyu Krishnan

Grayscale Investments announced that it will be dissolving its XRP Trust as a result of the SEC lawsuit filed against Ripple, according to a press release issued on Jan. 13 Grayscale’s is dissolving the trust because it is concerned that, as multipl...

XRP: Why I Care What Happens To Ripple

6 Jan 2021 9 minute read 1 comment BitcoinGordon

SEC goes after XRP/Ripple, and its leaders. But, why the underhanded timing, and what is the real aim? Okay folks, so I am a day trader. Some hate what I do because they largely don't understand it. Some hate what I do because they suck at it. Others...

Tether CTO Calms Down SEC FUD

4 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Bitfinex CTO Paolo Ardoino on Dec. 30, 2020 reassured investors via Twitter, saying that Tether and the company would not be targeted by the SEC. The response comes after concerns that the US SEC could next focus on the popular stablecoin. The SEC’s...

COINBASE BEING SUED FOR SELLING XRP!!

31 Dec 2020 1 minute read 0 comments KadilaK81

  A client of Coinbase out of Missouri is suing Coinbase for selling him XRP!!    Can 2020 get any crazier!! Apparently the answer is YES!! Amidst all the FUD recently around Ripple (XRP), The S.E.C. lawsuit, Major exchanges washing their hands of XR...

Facebook Could Face Lawsuit over ‘Diem’ Brand

8 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

Facebook could face a lawsuit from London-based startup Diem over the use of the name 'Diem', according to a report from business outlet Sifted published on Dec. 7.  Diem, also a fintech company, told the outlet that it was prepared to sue Facebook...

Binance Sues Forbes for Defamation Over "Tai Chi" Report

19 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Binance is suing Forbes and two of its writers for defamation, according to court documents filed on Nov. 18, following a report that alleged the exchange had used a “Tai Chi” company to skirt US regulation.  Binance is suing Forbes, and reporters M...

BitMEX Hit With Another Lawsuit

18 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Derivatives exchange BitMEX is facing yet another lawsuit, after a Romanian citizen filed a complaint on Nov.13 against parent company HDR Global Trading Limited.  Păun Gabriel-Razvan, a Romanian citizens from Bucuresti, filed the lawsuit in the Nor...

Crypto Lender Cred Files for Bankruptcy Following Alleged Fraudulent Activity

9 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Crypto lender Cred filed for chapter 11 bankruptcy in the United States on Nov. 7, a month after the company said it was investigating fraudulent activity involving corporate funds. Cred filed for bankruptcy in the state of Delaware, with assets of...

Kik Ends Lawsuit with $5M Settlement

21 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Kik has ended a lawsuit with the United States Securities and Exchange Commission (SEC), having paid $5 million to settle the case, according to court documents published on October 20. The two parties have “reached agreement on a proposed judgment”...

First Bitcoin “Mixer” Penalized by FinCEN

20 Oct 2020 1 minute read 4 comments Abhimanyu Krishnan

The Financial Crimes Enforcement Network (FinCEN) on October 19 said that it had charged Larry Dean Harmon, the creator of Bitcoin’s first mixer, for violations of the Bank Secrecy Act. The $60 million civil lawsuit filing focuses on Harmon’s work o...