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EMAX investors given third and final chance at celeb promo suit

The plaintiffs of the EthereumMax (EMAX) investor class action lawsuit have been given a final chance to amend their claims against the celebrities they accuse of promoting the now-defunct cryptocurrency. In an Oct. 3 court order, United States District Court Judge Michael Fitzgerald said he’s giving the EMAX investors a third

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Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit

Professional basketball player and Miami Heat's Jimmy Butler has asked to be dismissed from a class action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared in did not promote the named securities.In a July 24 filing, Butler’s lawyers argued three tweets

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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

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dYdX ends contentious promo claiming ‘overwhelming demand’

Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users. The exchange, however, simply cited “overwhelming demand” as the reason for its short-lived promotional campaign, which ended on Thursday

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SEC dismisses claims against John McAfee, fines accomplice for ICO promo

The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020. In the original complaint, the SEC alleged that McAfee and Watson promoted ICO investments on

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Eternal Beings NFT prices plunge after rapper Lil Uzi Vert deletes promo Twitter posts

The floor price of Eternal Beings NFTs plunged after affiliated celebrity rapper Lil Uzi Vert deleted his promotional posts about the project. The Solana-based NFT project consists of 11,111 computer-generated alien avatar NFTs that feature similar traits to the Lil Uzi Vert, such as hair, tattoos, and fashion style. The

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