Bakkt and its top brass are facing a complaint in Manhattan federal district court over allegations they duped the market with overly rosy projections about the firm’s financial […]
Xfinity Faces Lawsuit Over $650K Crypto Heist
A New Jersey man has sued Xfinity and the cryptocurrency platform, eXch, alleging the defendants are liable for $650,000 in stolen cryptocurrency after his email account was hacked. […]
SEC Signals Definitive Shift on Crypto Crackdown in Three More High-Profile Actions
The U.S. Securities and Exchange Commission officially dismissed on Thursday evening three high-profile enforcement actions—against Cumberland DRW LLC, Consensys Software Inc., Payward Inc. and Payward Ventures Inc., together […]
How a Delaware Judge Ordered Switchboard to Reveal Its Crypto Token Records
Switchboard has less than 10 days to provide co-founders and minority shareholders of the company access to its books and records in connection with its planned cryptocurrency token […]
Ripple Labs Says Crypto Exchange Brokered Deal With SEC to Drop Cross-Appeal
Ripple Labs, through its chief legal officer Stuart Alderoty, announced Tuesday that the cryptocurrency exchange has brokered a deal with the U.S. Securities and Exchange Commission to drop […]
Vermont Drops Coinbase Staking Services Probe as Feds Shift Crypto Stance
The Vermont Department of Financial Regulation rescinded its show cause order against Coinbase, effectively ending its investigation into whether the crypto exchange’s staking services violated the state’s securities […]
Feds Bust Crypto Kingpins in Billion-Dollar Russian Laundering Scheme
The U.S. Department of Justice announced Friday that it charged two administrations with operating a multibillion-dollar cryptocurrency money laundering service as part of a coordinated action with Germany […]
Alleged Cover-Up Has Prominent Crypto Investor Facing Federal Sanctions
Gary Cardone, a prominent crypto investor, and one of his companies, Chargebacks 911, responded late Tuesday evening in Tampa federal court to a sanctions motion over allegations that […]
Company, Whose CEO Sent $1M in Crypto to Wrong Wallet, Moves for Appeal
CelaCare Technologies Inc., whose CEO sent $1 million worth of U.S. dollar coins on the Ethereum blockchain to the wrong wallet address, filed a notice of appeal Monday […]
SEC, Binance Seek 60-Day Pause in Crypto Litigation
The U.S. Securities and Exchange Commission and Binance asked the U.S. District Court for the District of Columbia Monday evening for a 60-day stay of the litigation over […]