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Plaintiff Divya Gadasalli had sued the Cayman Islands company in federal civil court for its alleged role in cashing out the scammed crypto, which she had bought on Coinbase. Gadasalli also named Jerry Bulsa, Dong Lian, Danyun Lin, TD Bank, Abacus Federal Savings Bank and Poloniex. Original Source
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The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s
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In the lawsuit, an early Olympus investor alleges he was cheated out of millions of OHM tokens when key smart contracts were rendered inoperable. Source
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The U.S. District Court for Northern California found the exchange's arbitration agreement to be "unconscionable and... unenforceable." Original Source
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“ConsenSys Mesh and Kavita Gupta have agreed to settle their respective litigations against each other,” a ConsenSys spokesperson told CoinDesk. “The parties agree that ConsenSys Mesh has not breached any of its contractual obligations to Ms. Gupta.” Original Source
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A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit.What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below.Disclaimer: This article is
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US Tax Agency Moves to Dismiss Lawsuit by Tezos Stakers Who Refused Refund, Demanded Trial Original Source
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Timothy McKimmy says his Bored Ape was sold out from under him for just 0.01 ETH. Original Source
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A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump and dump scheme relating to SafeMoon tokens.SafeMoon, a Binance Smart Chain-native cryptocurrency, allegedly recruited a number of celebrities to lure investors in with misleading promotions. Some of the
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Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on
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