Cryptocurrency Analysis and News Portal
Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s
Read More
Tether and affiliate exchange group iFinex have called for a market manipulation suit to be dismissed – partly, they say, because plaintiffs don’t prove that billions of dollars of unbacked stablecoins did actually enter the market. Read the memorandum in full below: Source
Read More
Citing the Communications Decency Act of the California law, YouTube says that it cannot be treated as publishers for any third-party content. Thus, it claims immunity from the frauds that took place.On Monday, July 20, Google‘s video-streaming platform YouTube filed a motion against Ripple lawsuit on the company. The motion
Read More
Major manufacturer of graphics processing units (GPUs) and computing hardware Nvidia has filed a motion to dismiss a proposed class-action lawsuit alleging that the firm misrepresented more $1 billion in sales during 2017 and 2018.In addition to its popular ‘GeForce’ and ‘GTX’ products — favored by both gamers and crypto
Read More
Divisive crypto industry businessman Craig Wright is heading to a jury trial in a case that revolves around billions of dollars in bitcoin. The move to trial comes after the legal team for the estate of David Kleiman, Wright’s deceased former business partner, were denied an omnibus motion filed in May
Read More
A federal judge for the Southern District of California has argued in a recent court filing that blockchain-based assets exchange Blockvest and founder Reginald Buddy Ringgold III should lose their defense in a Securities and Exchange Commission (SEC) case after allegations of fraud and misconduct.Court documents released on April 20
Read More
Ripple has filed a motion to dismiss a class-action lawsuit alleging that it held an unregistered securities sale of its XRP tokens.In court documents filed on Dec. 4, Ripple argues that the plaintiffs’ case is contradictory and “self-defeating.” Alongside a reiteration of previous arguments, the company now also claims
Read More
The company claims that plaintiffs cannot prove Tether transactions caused bitcoin’s surge or that damages were incurred. Source
Read More
Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that
Read More