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Cryptocoins News / Blockchain  - 2 years ago

Celebrities asked to dismiss second amended complaint in class-action lawsuit

Kim Kardashian, Floyd Mayweather, and others claim investors "suffered no damage from just hanging onto the tokens" in their dismissal request. (Read More)

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit

The defendants pointed out that the renewed allegations push the same theory the court had already rejected. Kim Kardashian, Floyd Mayweather and other celebrities are...

Bitcoin News / Bitcoinist - 2 years ago

Bill Vs. CBDC – Why This US Congressman Wants To Block The Fed From Issuing A Digital Dollar

Some US congressmen have expressed concerns or opposition to the idea of a  Central Bank Digital Currency, or CBDC, being pushed by the US Federal Reserve. One of them is Rep. Tom Emmer (R-Minnesota), who on February 22 presented a bill to restrict t...

Cryptocoins News / Blockchain  - 2 years ago

Silvergate Bank as defendants in a proposed class-action lawsuit from an FTX user

FTX users have suggested a class-action lawsuit against Silvergate Capital Corp., Silvergate Bank, and CEO Alan Lane. (Read More)

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Crypto Biz: Celsius, FTX feel investors’ wrath as lawsuits multiply

Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers. The stunning coll...

Cryptocoins News / Blockchain  - 2 years ago

FTX investors file class-action suit against Sequoia

FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer. (Read More)

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs

Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon. The United States Secu...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”...

Bitcoin News / Bitcoin.com - 2 years ago

Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks

Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large p...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

SBF and FTX fraud 'aided and abetted' by Silvergate Bank, alleges lawsuit

The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX....

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Sequoia Capital, Paradigm among VCs facing 'tricky' FTX investor lawsuit

It’s a “tricky case,” as it is unknown what obligation these firms had to “completely separate investors,” suggests a crypto lawyer. Users of bankrupt crypto exchange...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Celsius creditors committee proposes suing Mashinsky, other Celsius execs

The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Digital Asset Provider Raises $65M in Series B Led by Credit Suisse

The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Taurus, a digital asset infras...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Digital asset provider Taurus raises $65M in Series B led by Credit Suisse

The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE and later in the Americas and Southeast Asia. Taurus, a digital asset infrast...