Cryptocurrency Analysis and News Portal
The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back.The collapse of the crypto exchange FTX-led to more than a million active customers losing their digital asset holdings. These customers have now come forward
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While the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to get their money back first. A class lawsuit initiated by four individuals demands priority access to frozen funds of the company for its customers, not investors. The
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A class-action lawsuit against Silvergate Bank, Silvergate Capital Corporation and Silvergate CEO Alan Lane was filed at the California Southern District Court concerning accounts held by embattled crypto companies FTX and Alameda Research.The suit aims to hold Silvergate accountable for its alleged roles in placing FTX user deposits into the
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A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on the exchange by the time of
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Former FTX CEO Sam “SBF” Bankman-Fried and a number of celebrities who endorsed FTX have been named in a class-action lawsuit filed on Nov. 15 in Miami. Implicated in the class-action lawsuit are celebrities, athletes and teams, including Tom Brady, Gisele Bundchen, Steph Curry, the Golden State Warriors, Shaquille O’Neal, Udonis
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Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk.According to multiple sources, Musk started massive layoffs at Twitter on Nov. 4, reducing the company’s workforce of 7,500 people. The CEO was speculated to cut as much as 50% of
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Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue
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Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with cryptocurrency companies. After the attorney’s initial filing, the
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In the wake of allegations made by Crypto Leaks, high-profile crypto lawyer Kyle Roche has filed to withdraw as counsel on several crypto class-action lawsuits.According to a series of court records released on Aug. 31, Roche is understood to be “no longer involved” in Roche Freedman’s class action practice. The law
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While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May 28. Moreover, the
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