News

Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales

Coins Legend July 25, 2022 0

According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting

Finance

Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection

Coins Legend June 30, 2022 0

Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application

News

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors

Coins Legend June 19, 2022 0

Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP. […]

News

Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin

Coins Legend June 16, 2022 0

Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.” […]

Regulation

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful

Coins Legend June 7, 2022 0

The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance The U.S. Department of Labor (DOL) and Secretary of Labor […]

News

Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

Coins Legend April 17, 2022 0

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC […]

News

Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win

Coins Legend April 11, 2022 0

The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoin inventor, Craig Wright, was cleared of all charges at the end of the Kleiman v. Wright trial, except one count of […]