Lawsuits

SEC Suit: Coinbase Ignored US Securities Laws
SEC Suit: Coinbase Ignored US Securities Laws
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission has sued cryptocurrency exchange Coinbase for allegedly violating securities laws. The federal lawsuit, filed Tuesday (June 6), comes one day...

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Latest FTX Filings Show Bankman-Fried Is Banking on Being Freed
Latest FTX Filings Show Bankman-Fried Is Banking on Being Freed
June 02, 2023  |  Legal & Regulation

Sam Bankman-Fried has long professed his innocence. Now, he’s building a case to show he’s not guilty. The disgraced founder of the bankrupt FTX cryptocurrency exchange has filed two legal arguments,...

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Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
Report: Fizzling SPAC Wave Leads to Rash of Lawsuits
June 01, 2023  |  SPAC

First came the SPACs. Now come the legal actions. Special purpose acquisition companies (SPACs) were a super-popular method of going public in recent years. But...

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FTX Subsidiaries Sue to Claw Back $6.9 Million From Embed
FTX Subsidiaries Sue to Claw Back $6.9 Million From Embed
May 18, 2023  |  Legal & Regulation

Two of FTX’s businesses are suing to recover $6.9 million from Embed Financial. Alameda Research (FTX’s former sister trading firm) and FTX US (aka West Realm Shires), alleged in a court...

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JPMorgan Ordered to Pay Frank Founder’s Legal Fees
JPMorgan Ordered to Pay Frank Founder’s Legal Fees
May 08, 2023  |  Legal & Regulation

J.P. Morgan Chase must pay the legal fees of a disgraced FinTech founder it is suing. That’s according to a court ruling Monday (May 8),...

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Coinbase Investor Lawsuit Accuses Execs of Using Inside Info
Coinbase Investor Lawsuit Accuses Execs of Using Inside Info
May 02, 2023  |  Legal & Regulation

A Coinbase investor said company officials used inside information to avoid $1 billion in losses. Investor Adam Grabski accused Coinbase CEO Brian Armstrong, board member...

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CFTC Looks for ‘Path Forward’ in Binance Battle
CFTC Looks for ‘Path Forward’ in Binance Battle
April 25, 2023  |  Cryptocurrency

Binance has reportedly been in talks with federal regulators as it faces court action. “We’ve been in continuing conversations with the business to describe what...

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Security Arguments Helped Apple Skirt Monopolist Designation in Epic Games Suit
Security Arguments Helped Apple Skirt Monopolist Designation in Epic Games Suit
April 25, 2023  |  Legal & Regulation

In the end, security helped Apple avoid being labeled a monopolist. In a ruling handed down Monday (April 24) by a federal appeals court, and as...

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Musk Says It’s ‘Lawsuit Time’ for Microsoft in AI Spat
Musk Says It’s ‘Lawsuit Time’ for Microsoft in AI Spat
April 20, 2023  |  Legal & Regulation

Twitter owner Elon Musk has threatened to sue Microsoft over “illegal” use of the platform’s data. On Wednesday (April 19), Twitter’s in-house news account said...

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