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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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On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project

Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. According to the post, Jeffrey Huang, known as “MachiBigBrother” on Twitter, has accused ZachXBT of damaging his reputation through false allegations.MachiBigBrother also posted an announcement

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Plaintiff in Coinbase lawsuit raises issues of account lockouts, crypto as a security

One user has filed a class-action lawsuit against crypto exchange Coinbase on behalf of account and wallet holders “who have had their accounts breached and incurred losses arising from the unauthorized transfer of assets.”In an Aug. 15 filing in the U.S. district court for the Northern District of Georgia, plaintiff

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