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Crypto News

FTX Sues Binance, Former CEO CZ for $1.8B

The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer...
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Crypto News

Man Who Accidentally Sent $527M in Bitcoins to Dump Sues Local Council to Retrieve Them: Report

Over the last decade, Howells had made requests to Newport Council – proprietors of the landfill where the hard drive ended up – to...
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Crypto News

SEC Faces Legal Challenge as Bitnomial Sues Over XRP Classification

Bitnomial Exchange, LLC filed a complaint on October 10 against the U.S. Securities and Exchange Commission (SEC) and its commissioners. The lawsuit contests the...
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Crypto News

Californian Investor Sues Hedge Fund Over FTX Bankruptcy Claim Payout

The lawsuit stems from a deal struck last year in The lawsuit stems from a deal struck last year in which Gierczyk sold his...
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Crypto News

Newport Man Sues Council for £495 Million Over Lost Bitcoin Hard Drive

James Howells, a Newport IT engineer, is suing Newport City Council for £495 million (approximately $647 million) after accidentally discarding a hard drive containing...
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Crypto News

Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach

Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday.
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Crypto News

Former Customer of Crypto Exchange FTX Sues Olympus Peak, Says It Reneged on Bankruptcy Payout Deal

In documents filed with the U.S. District Court Southern District Of New York, Alexander Nikolas Gierczyk says he agreed to sell a $1.59 million...
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Crypto News

SEC Sues Crypto Market Maker Cumberland DRW

As one example, the SEC alleged, Cumberland promoted ATOM through, "An email sent to counterparties on February 20, 2023 stated: 'At the moment, one...
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