The Ripple community is at a loss to explain the motivation behind a class-action lawsuit filed by Florida man Tyler Toomey against Ripple Labs and Ripple CEO Brad Garlinghouse over a $48.56 loss. In November 2020, Toomey purchased 135 XRP tokens at $0.724 each for a total value of $97.80. Following news of another lawsuit …
Mystery surrounds bizarre class-action lawsuit against Ripple over $48 loss Read More »
<div class=”featured_image_container”> </div> <strong>A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations.</strong> Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business Is ‘Completely Fraudulent’ A class-action lawsuit was filed on Wednesday in the Southern District Court of …
Xinhua/Ding Ting via Getty Images Tesla is no stranger to allegations of staff stealing its technology, but its latest case may be particularly brazen if true. As Electrek has learned, the EV maker has sued engineer Alex Khatilov for allegedly stealing the company’s custom Warp Drive software (used to automate purchasing and other systems) within …
Tesla accuses engineer of stealing crucial company software Read More »
<div class=”featured_image_container”> </div> <strong>A class-action lawsuit has reportedly been filed against a cryptocurrency scam that has duped many Indian investors. The scam, promoted in three Indian languages, lures investors by promising up to 900% return on investments. T</strong><strong>he Delhi court has directed a notice to be placed in major newspapers, seeking victims of this scam …
Lawsuit Filed to Stop a Global Cryptocurrency Scam Spreading in India Read More »
<div class=”featured_image_container”> </div> <strong>Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator.</strong> Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his …
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon Read More »
<div class=”featured_image_container”> </div> <strong>Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange.</strong> Chilean Court Rejected Petitions From Two Banks to Keep Checking Accounts …
The U.S. District Court of the Southern District of New York has fixed Feb. 22, 2021 as the date for the pretrial of the lawsuit filed by the Securities and Exchange Commission against Ripple Labs and its principal actors. According to a court document filed on Tuesday, counsel representing all parties on the matter will …
SEC lawsuit against Ripple set for virtual pretrial conference in February Read More »
<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-39.jpg” alt width=”1456″ height=”360″></a></div><strong>On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of …
<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-2.jpg” alt width=”1456″ height=”360″></a></div><strong>A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and …
The top officers of HDR, the parent company of crypto trading platform BitMEX, which has been charged with facilitating unregistered trading and other violations, systematically looted $440,308,400 from HDR accounts, a civil lawsuit claims. HDR denied the original charges at the time they were brought.
