A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto trading platform.Read more
California resident Daniel Ocampo has filed a new class action lawsuit against Dfinity alleging the firm violated the 1933 U.S. Securities Act.
The plaintiff claims that Dfinity created ICP tokens out of thin air and sold them without filing appropriate registration.
Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims that he and his brother ran off with billions in investor funds, asserting the platform lost $5 million in a hack.Read more
A New York judge has issued a temporary restraining order to block an alleged attempt from Roc-A-Fella Records Inc (RAF) co-founder Damon Dash to sell a tokenized version of Jay-Z’s first album “Reasonable Doubt” along with its copyright.Read more
Crypto-custody firm Fireblocks is facing legal action by a firm that claims it was locked out of its wallet containing a substantial amount in crypto assets.Read more
The opposition in El Salvador has filed a case against the new Bitcoin law, deeming it unconstitutional and baseless.
Reportedly, citizens and businesses in El Salvador also have reservations about the new law.
EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit.Read more
Victims of an alleged $3.6 billion crypto Ponzi scheme in South Korea are reportedly hampering the progress of a police investigation and a joint lawsuit — as they still believe in the project and hold out hopes of getting a return on their investments.Read more
Five proposed class-action lawsuits against crypto firms have been voluntarily dismissed without prejudice in New York federal courts — without costs or attorney fees to any party.Read more
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