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Ripple Sued Again, This Time by Australian Payments Company for Copyright Infringement

27 Aug 2020 1 minute read 5 comments Abhimanyu Krishnan

Ripple is facing a lawsuit over copyright infringement from Australian payments company New Payments Platform Australia (NPPA), which filed the case on August 21. NPPA is suing Ripple for the use of “Pay ID”, which the NPPA says it is the registered...

Facebook and YouTube are Facing a $600M Lawsuit for Crypto Ad Bans in 2018

14 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

On August 13, Australian law firm Law firm JPB Liberty filed a class action lawsuit against Facebook and YouTube for the banning of cryptocurrency advertisements on their platforms in 2018. Case has been filed in the Federal Court of New South Wales...

Poloniex and Bittrex File for Summary Judgement in Case that Involves Tether and Bitfinex

11 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

According to court filings made on August 7, lawyers representing Poloniex and Bittrex have pushed for summary judgement in a case involving the two, as well Tether and Bitfinex. The parties have told Judge Katherine Polk Failla of the Southern Distr...

Steve Wozniak Joins Ripple in Suing YouTube for Giveaway Scams

23 Jul 2020 1 minute read 2 comments Abhimanyu Krishnan

Apple co-founder and technology entrepreneur Steve Wozniak has filed a lawsuit against YouTube for giveaway scams, according to an announcement by law firm Cotchett, Pitre & McCarthy, LLP published on July 22. The complaint also notes that similar sc...

YouTube Finally Responds to Giveaway Scams

22 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

In a report published by Law360 on July 21, YouTube has responded to a lawsuit filed by Ripple and its CEO Brad Garlinghouse that demanded that YouTube take action for XRP giveaway scams. The legal team of the video platform denied that it had any li...

Telegram Will Pay $18.5 Million in SEC Settlement

26 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

A court filing published on June 25 has revealed that Telegram will pay $18.5 million in a settlement with the United States Securities and Exchange Commission (US SEC). In addition, Telegram will have to inform the SEC if it plans to issue any digit...

Judge Allows Craig Wright's to Defend Autism Claims

25 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Craig Wright, who is set to face trial for a lawsuit filed by the Kleiman estate, will be able to present an expert witness to support his claim of autism. Documents filed on June 24 show that Judge Beth Bloom has dismissed the motion made by Kleiman...

Former Mt. Gox CEO Will Face Fraud Lawsuit

18 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

On June 16, U.S. District Judge Gary Feinerman of the Northern District of Illinois ordered former Mt. Gox CEO Mark Karpeles' motion for summary judgement. The lawsuit was first filed in 2014 by Gregory Greene, a user of the exchange. Karpeles had ma...

New Documents by Craig Wright's Lawyers Mention Address Involved in Mt. Gox Theft

15 Jun 2020 1 minute read 1 comment Abhimanyu Krishnan

Yet another twist has formed in the Craig Wright case, with new information made public on June 12 seemingly indicating that Wright’s lawyers have admitted to owning an address that was involved in a Mt.Gox theft of 80,000 Bitcoin (BTC). Riccardo Spa...

Craig Wright Says Anonymous Digital Signatures Not Possible, Referring to 'Fraud' Message

4 Jun 2020 1 minute read 3 comments Abhimanyu Krishnan

Craig Wright, in an interview with Patrick McLain on YouTube on June 3, said that “no message was signed” when talking about the 145 addresses (part of the “Tulip Trust”) that had signed a message stating that Wright was a “fraud” and “liar”. The min...