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Investors pursuing legal action against Robinhood over trading restrictions imposed in early 2021 have faced another setback after the United States District Court for the Southern District of Florida rejected a request for class certification by the plaintiffs on Nov. 13, 2023. Chief Judge Cecilia Altonaga said that after thoroughly considering
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Sam Bankman-Fried’s Biggest Grift? His ‘Best In Class’ Exchange Original Source
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Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A U.S. District Court has dismissed a class action lawsuit against Uniswap, one of the world’s top decentralized exchanges (DEXes), stating that the plaintiffs’ claims were “devoid of factual support”, highlighting ambiguities in current crypto regulations. On
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Celsius' Mashinsky motion to dismiss deniedThe former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to face a civil fraud lawsuit after a Supreme Court judge denied his motion to dismiss the case.A court order issued on Aug. 4 by New York County Supreme
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether, the company that issues USDT, has announced that a court in New York has dismissed a class action lawsuit that was filed against them and Bitfinex. The order was issued by US District Court Judge Laura Talyor
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While crypto as an asset class is still very early, there is an expanding menu of investment options that advisors can present to their clients. On the passive, low fee side, there are more and more products coming to market - many in investment wrappers that clients are well familiar
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Professional basketball player and Miami Heat's Jimmy Butler has asked to be dismissed from a class action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared in did not promote the named securities.In a July 24 filing, Butler’s lawyers argued three tweets
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A finding by analyst James V. Straten and shared on Reddit on July 21 determined that Bitcoin is a distinct asset class and does not exhibit significant correlations with equities and most traditional trading instruments. However,
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The investigative work of independent blockchain sleuth ZachXBT has been cited in a class action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token rug pull.Tweeting on July 7, ZachXBT highlighted that lawsuit as he reiterated accusations that the Boneheads team “quickly disappeared and spent the mint
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