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Lawsuit

Crypto News

SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto

The U.S. Securities and Exchange Commission will vote soon on a deal negotiated with Coinbase to entirely drop the agency's legal pursuit of the...
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Crypto News

Galaxy Digital (GLXY) and BitGo Link Up for Crypto Staking Despite Lawsuit Over Merger

Galaxy Digital (GLXY), the cryptocurrency trading company helmed by Mike Novogratz, is bringing its blockchain staking capabilities to regulated custody specialist BitGo Trust, despite...
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Crypto News

Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations

Memecoin generator Pump.fun was hit with another proposed class action lawsuit on Thursday, accusing the company and its executives of raking in nearly $500...
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Gemini Settles CFTC Lawsuit With $5 Million Penalty Over Misleading Bitcoin Futures Claims

Gemini Trust Company, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has agreed to pay a $5 million penalty to resolve a lawsuit...
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Crypto News

Coinbase Granted Interlocutory Appeal in SEC Lawsuit

Key Takeaways The ruling allows Coinbase to seek clarity on whether an investment contract requires the existence of an actual agreement.  Judge Failla emphasized that this...
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Crypto News

Crypto Advocacy Groups Files Lawsuit Against IRS Over Crypto Broker Rules

Key Takeaways Critics argue the rule could stifle innovation, impose burdensome compliance requirements The lawsuit claims the rule imposes unmanageable obligations on software developers who create...
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Crypto News

Ripple (XRP): A Dive into its Working, Tokenomics, Price Factor and SEC Lawsuit

XRP, the cryptocurrency created by Ripple Labs follows a tokenomics model that emphasizes its generation, distribution and management of supply.  The banking system today uses...
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Crypto News

Court Clears Coinbase to Delist Wrapped Bitcoin in BiT Global Lawsuit

Key Takeaways BiT Global accused Coinbase of unfair business practices, alleging that the exchange’s decision was intended to promote its own wrapped Bitcoin product, cbBTC Coinbase...
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