lawsuit

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Telegram Withdraws Appeal, Effectively Ending TON Saga

26 May 2020 1 minute read 0 comments author_nan

Telegram has withdrawn its appeal in its case against the freezing of the Telegram Open Network (TON) network and distribution of the digital assets, according to court documents released on May 22. The decision effectively cements the ends of the TO...

Craig Wright Called Fraud in Transaction Message From One of His Claimed Addresses

26 May 2020 1 minute read 0 comments author_nan

Craig Wright has experienced another tremendous complication in the case he is facing against the estate of Ira Kleiman, as multiple addresses claimed to be Wright’s have embedded the words “liar” and “fraud” in transactions.   The crypto world spot...

EOS Faces Another Lawsuit Over ICO

19 May 2020 2 minute read 1 comment author_nan

EOS ICO investors have filed a class action lawsuit in a case of securities fraud against EOS developer Block.one and leadership on May 18, according to official documents. Crypto Assets Opportunity Fund LLC and Johnny Hong filed the complaint in the...

Telegram Will Hand Over Documents Related to ICO to the US SEC

8 May 2020 1 minute read 2 comments author_nan

Telegram is set to hand the United States Securities and Exchange Commission (SEC) documentation and communications related to the 2018 ICO, which raised $1.7 billion, after an order of consent was filed by the company on May 7. The deadline for the...

Ripple Faces a Lawsuit over $1.1B XRP Sale

7 May 2020 1 minute read 2 comments Jeremy Wall

Bitcoin Manipulation Abatement (BMA), a mysterious Puerto Rico-based company, filed a lawsuit last Friday (May 1, 2020) in San Francisco, against Ripple and its CEO Brad Garlinghouse, over Ripple’s $1.1B XRP token sale in 2013. The lawsuit alleges th...

Craig Wright Lawsuit Will Finally See Trial on July 6

5 May 2020 1 minute read 3 comments author_nan

Trial will commence on July 6 No more motions to be filed Prosecution team to fight for right to BTC holdings at the heart of the case Craig Wright, who adamantly holds on to the claim that he is Satoshi Nakamoto, will see the case against Ira Klei...

Telegram Delays TON Launch Again, Ready to Refund up to 72% of Each Investor's Funds

30 Apr 2020 1 minute read 1 comment author_nan

Messaging app Telegram has decided to return up to 72% of each investor’s stake, according to a letter published on April 30. Telegram has also decided to postpone the launch of the Telegram Open Netwok (TON) network, the second time it has delayed t...

Ripple Files Lawsuit Against YouTube for XRP Giveaway Scams

22 Apr 2020 1 minute read 3 comments author_nan

On April 21, Ripple (XRP) filed a lawsuit against YouTube for the many XRP giveaway scams on the video platform. In a blog post titled “Enough is Enough: It’s time to protect the community”, the company made known its strong intentions to “protect co...

Maker Foundation Faces $28M Lawsuit

15 Apr 2020 1 minute read 0 comments author_nan

Three entities associated with MakerDAO -The Maker Foundation, the DAI Foundation and Maker Ecosystem Growth Foundation - all face a new class-action lawsuit that claims that the aforementioned parties have been “actively misrepresenting to investors...

What Is Tezos (XTZ)? - [A Comprehensive Guide to Understanding XTZ]

31 Oct 2019 7 minute read 5 comments Mr.CryptoWiki

The altcoin explosion that occurred perhaps 5 - 6 years ago has seen many networks and tokens arrive on the scene. ICOs gave teams the opportunity to raise massive amounts of funds almost instantaneously and this was both good and bad for investors,...