Lawsuit

Ripple v. SEC Lawsuit Update July 22nd

Ripple v. SEC Lawsuit Update July 22nd

TL;DR Speculation about a Ripple-SEC settlement has risen due to an agency-closed meeting on July 25. Ripple CEO Brad Garlinghouse and lawyers suggest a settlement could happen soon, with the regulator lowering its fine demand, indicating potential progress. A Possible Settlement or Just Rumors? The legal spat between Ripple and the US Securities and Exchange […]

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Ripple v SEC Lawsuit Recap: The Developments After the Trial’s Start

Ripple v SEC Lawsuit Recap: The Developments After the Trial’s Start

TL;DR Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox. The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case. The Clash Over Key Testimony The infamous legal battle between Ripple and the US

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NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud

NYAG Files Lawsuit Against Two Crypto Companies for $1 Billion Fraud

New York Attorney General Letitia James has filed a lawsuit against NovaTechFx, a crypto trading company, and AWS Mining, a digital asset mining company. The lawsuit alleges their involvement in illegal pyramid schemes that defrauded over 11,000 individuals and hundreds of thousands of investors, resulting in losses exceeding a billion dollars in cryptocurrency. $1 Billion

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Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article

Lawsuit Filed: Wall Street Journal Faces Defamation Allegations Over Tether-Bitfinex Article

Last updated: March 2, 2024 11:00 EST | 2 min read The Wall Street Journal is facing a defamation lawsuit over an article that allegedly falsely accused a Thai-based aviation fuel broker and his company of involvement in illegal activities at stablecoin issuer Tether and crypto exchange Bitfinex.  Christopher Harborne, the owner of AML Global

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