Sunday, May 19, 2024
Home > Lawsuit (Page 20)

Wyoming defends crypto-friendly bank charter regime in Custodia Bank’s lawsuit with Fed

The U.S. state of Wyoming has requested to intervene in the case between Custodia Bank and the Federal Reserve System, seeking to defend its framework allowing certain crypto firms to qualify as state-chartered banks.In an April 10 court filing, Wyoming Attorney General Bridget Hill filed a motion to “intervene in

Read More

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit

“Although an adverse determination against Custodia on the merits of Custodia’s application and unique situation may not prejudice the State, the Defendants’ apparent determination that Wyoming’s SPDI statutes and regulations, and SPDI banks themselves, are deficient will,” Hill’s report argued. Source

Read More

Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer

Crypto miner Sphere 3D has filed a lawsuit against its partner Gryphon Digital Mining after an allegedly spoofing attack led to the irregular transfer of Bitcoin (BTC), according to court documents on April 7. “Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and cryptocurrency-related services,

Read More

Binance Chief, Jimmy Butler, and Other Influencers Face $1B Lawsuit for Promoting Unregistered Securities

The lawsuit blames crypto exchange Binance and its affiliates for illegally promoting unregistered securities and also engaging in the activities of BNB burn. Crypto exchange Binance and its CEO Changpeng Zhao (CZ) is facing another set of difficulties in a high-profile legal challenge. Just a few days after the US

Read More

CZ, Binance, influencers face $1B lawsuit for unregistered securities promo

Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the crypto exchange, CZ, and three crypto influencers for promoting unregistered securities.On March 31, the Moscowitz

Read More

Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit — Insists Tweeting Support for DOGE Isn’t Unlawful – Featured Bitcoin News

Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. “There is nothing unlawful about tweeting words of support for, or funny

Read More