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Cristiano Ronaldo faces lawsuit over Binance promotion and unregistered securities

The soccer mogul Cristiano Ronaldo is facing a class-action lawsuit from plaintiffs claiming to have suffered financial losses linked to his promotion of Binance. The lawsuit was filed on Nov. 27 in a Florida District Court and accuses Ronaldo of aiding in the sale of unregistered securities in collaboration with Binance. Binance

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Azuki DAO rebrands to ‘Bean’ as it drops lawsuit against founder

Update - November 25 11:45 AM UTC: This article was updated after receiving a clarification statement from an Azuki DAO spokesperson regarding its token distribution plan. Azuki DAO, an unofficial community decentralized autonomous organization surrounding the namesake nonfungible token collection, has announced its rebranding to “Bean" as it drops a proposed

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Crypto analyst blasts Kraken lawsuit as SEC’s money grab, criticizes attacks on ADA

In a YouTube published video yesterday, crypto analyst The Luckside Crypto host reacted strongly to news that the SEC has sued crypto exchange Kraken. The analyst expressed disbelief, stating “I can’t believe we are still having these discussions.” He claims the SEC alleges no fraud, manipulation, customer harm or security issues

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Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler

The crypto space has been making its feelings known about the latest blow from regulators in the United States, a lawsuit filed by the Securities and Exchange Commission (SEC) against crypto exchange Kraken. The lawsuit was filed on Nov. 20 based on the SEC's allegations that Kraken has been operating as an

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Elon Musk Threatens X Corp ‘Thermonuclear Lawsuit’ against Media Matters and Advertisers for Fake Ad Scenarios

According to Musk, X Corp will sue Media Matters and several others for a fake plot to paint the social media company as problematic. X (formerly Twitter) owner and Chairman Elon Musk has threatened to file a lawsuit against major advertisers and Media Matters for America (MMfA) for pausing ads on

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Legal victory for Tether and Bitfinex as plaintiff drops lawsuit

Cryptocurrency stablecoin company Tether shared on X that the plaintiff had ended the appeal in the multi-year courtroom battle. Tether initially denied allegations of misconduct via a written statement one day before the lawsuit was filed in 2019. A conclusion of legal proceedings In a blog post on the Tether website, the stablecoin issuer

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ENS developers urge Unstoppable Domains to drop patents or face lawsuit

The founder and lead developer of Ethereum Name Service (ENS), Nick Johnson, is urging blockchain domains company Unstoppable Domains to drop a recently awarded patent or face a lawsuit, according to an open letter shared on X (formerly Twitter). In January, Unstoppable Domains was granted its first patent, US11558344, which claims that

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