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Craig Wright Abandons Libel Suit Against Adam Back, Pays All Legal Fees

Crag Wright, the self-proclaimed Satoshi Nakamoto and chief scientist at NChain, has dropped a libel lawsuit against Adam Back over the Blockstream chief executive’s assertion that Wright was fraudulent in claiming to be the creator of Bitcoin (BTC).Wright filed the complaint alongside similar suits targeting Ethereum cofounder Vitalik Buterin,

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Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns

Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.The United States attorney’s office for New Jersey intervened in the case on

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JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases

The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank

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Genesis Mining Rejects $3.1 Million Suit From Former Contractor

Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices.On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over allegedly failing to pay 2.4 million pounds (roughly $3.1 million) in unpaid invoices for its development and maintenance

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Disgruntled Bitcoin Investor Brings $22.5M Class Action Suit to Israeli Bank

An unnamed investor has filed a lawsuit against the Israeli Bank Hapoalim in the amount of approximately $22.5 million, on account of the bank allegedly refusing to accept deposits of profits earned via Bitcoin (BTC). Industry media outlet BlockTV discussed the lawsuit in a report on Aug. 9. According to

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