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Following Sam Bankman-Fried’s guilty verdict last week, FTX investors call for actions against celebrity endorsers. The conviction of Sam Bankman-Fried has marked a pivotal point in the FTX saga, but it might be far from over. The aftermath of the case is set to cast long shadows, with a notable
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The legal fallout from the collapse of crypto exchange FTX continues, with some high-profile names opting to settle while others are dismissed entirely. Crypto influencer Ben “BitBoy” Armstrong is no longer facing a lawsuit related to his promotion of FTX. Lawyers recently filed notice that they are voluntarily dismissing claims against
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The United States Securities and Exchange Commission, or SEC, has called for a jury trial against Tron founder Justin Sun for the “orchestration of the unregistered offer and sale, manipulative trading, and unlawful touting of crypto asset securities.”In a March 22 filing in U.S. District Court for the Southern District
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The United States Securities and Exchange Commission has announced a $1.4-million settlement with former NBA player Paul Pierce for allegedly promoting a token project on social media.In a Feb. 17 announcement, the SEC said Pierce touted EthereumMax (EMAX) tokens through social media channels without disclosing he had received payment for
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