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OpenAI, the maker of the popular chatbot ChatGPT — a natural language processing artificial intelligence (AI) tool — is facing a class-action lawsuit in California over allegedly scraping private user information from the internet.The lawsuit was filed in the United States District Court for the Northern District of California by Clarkson
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U.S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit. The SEC sued Coinbase at the beginning of June, alleging that a dozen of the cryptocurrencies offered through its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bankrupt crypto exchange FTX has taken legal action by filing a lawsuit against a former aide to Hillary Clinton and the aide’s investment firm. The exchange seeks to reclaim $700 million in investments that it alleges
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The ruling, which won a 5-4 majority, allows Coinbase to continue its effort to compel arbitration against the putative class action lawsuit, halting the lawsuit's progress through the federal court system in the meantime. While this marks a win for Coinbase, it has little direct effect on the crypto industry. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Li Lin’s company, X-Spot Co. Limited, has taken legal action against Huobi Global, filing a trademark infringement lawsuit in the High Court of Hong Kong. The lawsuit alleges that Huobi Global resumed using the “Huobi” trademark without
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“Along with my colleagues at Brown Rudnick, we are proud to represent Mike Dudas in defense of this lawsuit filed by 3 Arrows Capital’s ‘ecosystem partner’ OPNX,” crypto attorney Stephen Palley told CoinDesk. “In order to prove defamation you have to show, among other things, reputational damage. We look forward
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The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities. The U.S. regulator has accused the crypto exchange of offering unregistered
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied John Deaton, a prominent advocate for XRP and founder of CryptoLaw, recently discussed the implications of the proposed Safe Harbor by the US Securities and Exchange Commission (SEC) on Twitter. Deaton highlighted the importance of a proposal
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As Elon Musk battles a $258 billion lawsuit over alleged Dogecoin market manipulation, his legal team undergoes significant reshuffling. Key litigator Adam Gabor Mehes has departed, with Allison Huebert stepping in to fill the void. The rapidly
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Prominent crypto personalities and businesses have extended help to ZachXBT as he faces the defamation lawsuit from musician and tech entrepreneur Jeffrey Huang. Several prominent businesses and members from the crypto community have donated more than $1 million in stablecoins and tokens to crypto investigator ZachXBT, as he prepares to
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