The U.S. Securities and Exchange Commission (SEC) sued former National Basketball Association player Paul Pierce for “touting” Ethereum Max (EMAX) tokens without revealing he had been paid to do so.
Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court
A Washington judge threw out the lawsuit after the plaintiff failed to make a case.
Acting SEC Enforcement Director Berger to Step Down
Berger presided over the enforcement division when it launched the Ripple suit.
US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit
The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.
Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.
Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP
The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.
Binance Sues Forbes for Defamation Over ‘Tai Chi’ Document Leak
Binance sued Forbes for defamation Wednesday over a story last month that purported to reveal regulatory evasion tactics.
US Bitcoin Mining Firm Layer1 in Legal Tussle Over Power Plant Ownership
Layer1 Technologies is facing a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm.
$28M MakerDAO ‘Black Thursday’ Lawsuit Moves to Arbitration
The class-action alleged the Maker Foundation and others knowingly misrepresented the risks of investment in MakerDAO.
OneCoin Investors Allege BNY Mellon Aided $4B Fraud
Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now filed charges against BNY Mellon.
Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General
The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017.
Bitcoin News Roundup for Sept. 10, 2020
With bitcoin lawsuits in the news and SushiSwap’s migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin.
Australian Payments Firm Sues Ripple for Use of PayID Trademark
NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement.
A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her
Here’s how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.
Sirin Labs Founder Sued Over Unpaid $20M Factory Bill for Finney Blockchain Phone
The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills.
Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit
A California appeals court has backed a prior judgement that the cryptocurrency exchange wasn’t obliged to to support the Bitcoin Gold hard fork in 2017.
Investors Suing Over Status ICO Can’t Find Execs to Serve Papers
Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means.
Ex-Wife’s Testimony Suggests Craig Wright ‘Defrauded’ Court, Kleiman Lawyers Claim
The legal team for the estate of David Kleiman said Ms. Wright’s submission cast doubt on the nature of the Tulip Trust at the heart of the lawsuit.
Ex-Wife’s Testimony Suggests Craig Wright ‘Defrauded’ Court, Kleiman Lawyers Claim
The legal team for the estate of David Kleiman said Ms. Wright’s submission cast doubt on the nature of the Tulip Trust at the heart of the lawsuit.