Cryptocurrency Analysis and News Portal
A nonfungible token (NFT) influencer has been served with a settlement demand via NFT – which casually dropped the "F bomb" several times – alleging that the influencer engaged in wire fraud "at a minimum," on a recent $7 million token presale.Lawyer Mike Kanovitz, a partner at Loevy & Loevy,
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Judge Victor Marrero upheld his previously signed restraining order against Wei Wu, allegedly the man behind Spartacus, in a hearing in the Southern District of New York on Thursday. Marrero said the order will remain in place until Wu, who has been a no-show, starts to work with the court,
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A cryptocurrency YouTuber has been served a lawsuit through a tweet after a United States court allowed the action as lawyers claimed they couldn’t serve him through other means.A May 2 order from a Florida District Court Judge granted The Moskowitz Law Firm permission to serve legal notice to crypto
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A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in
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Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday. Source
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Grey proposed creating a "Sushi DAO Legal Defense Fund" in a forum post, saying it would "cover legal costs for core contributors." The proposal recommends making $3 million in USDT available for core contributors, with another $1 million worth of USDT available in case the initial $3 million are used
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The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s liquidators via Twitter. While serving subpoenas on Twitter is rare, it has happened on various occasions in the past, including when WikiLeaks was served on Twitter in 2018. Founders of Defunct Crypto
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Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX.Mazars, the accounting firm that worked for former United States President Donald Trump’s company, was appointed as an official auditor to conduct a “third party financial verification” as part
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The Singapore High Court on Friday issued what some lawyers are describing as a “huge decision” in affirming the court’s jurisdiction over a case involving a non-fungible token (NFT), despite the borderless and decentralized nature of blockchain networks that host NFTs.The case involves a plaintiff who used a Bored Ape
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A metaverse casino has been hit with simultaneous cease and desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered securities. Over two NFT collections offered by metaverse casino Slotie, the tokens are said to offer access to the
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