Yuga Labs has resolved its two-year lawsuit against Ryder Ripps and Jeremy Cahen over allegedly infringing Bored Ape Yacht Club NFT knockoffs, bringing the prolonged dispute to a close. Details of the resolution have not been disclosed.
Investors filed suit alleging JPMorgan enabled the movement of funds tied to a $328 million crypto Ponzi scheme, while federal prosecutors pursue a separate criminal case against the founder of Goliath Ventures.
Several major U.S. banks are weighing legal action against the Office of the Comptroller of the Currency after it approved national trust charters for crypto firms, arguing the agency overstepped its authority. Banks say the move lets tech-driven companies secure bank status without being held to the same standards as traditional banks.
Shareholders have filed a derivative lawsuit naming Coinbase Global’s board of directors and CEO Brian Armstrong, alleging breaches of fiduciary duty and oversight failures. The action raises fresh governance and regulatory questions for the exchange.
Texas filed suit against TP-Link accusing the networking firm of deceptive marketing and of enabling the Chinese government to access American consumers' devices, the attorney general said Tuesday.
On Jan. 1, attorney John Deaton said XRP holders helped halt U.S. government overreach after he filed a lawsuit against a major regulator. He called the filing a pivotal moment in the fight for crypto rights.
Terraform Labs' administrator has filed a $4 billion suit accusing Jump Trading of covertly manipulating the Terra ecosystem and profiting from its collapse, which wiped out about $40 billion in investor value. The complaint, filed in December, was reported by The Wall Street Journal and Bloomberg.
The SEC has sued a Philadelphia-based Bitcoin mining operator, alleging an unregistered securities scheme and diversion of more than $48 million in customer funds. The filing treats third-party mining services as securities, increasing scrutiny on hosted mining offerings.
Former President Trump issued a pardon for Binance CEO Changpeng Zhao while a federal civil lawsuit filed by 306 victims and family members accuses the exchange of facilitating $1 billion in terror financing tied to the October 7, 2023 Hamas attacks.
A $1 billion lawsuit accuses Binance and CEO Changpeng Zhao of financing the October 7 attack, alleging the exchange ignored warning signs for years and allowed suspicious accounts to operate. The filing intensifies scrutiny on exchange controls and who ultimately owned those accounts.