An international cryptocurrency bank has been hit with a securities fraud class action lawsuit in a federal district court in New York after the CEO of its parent […]
Section 230 Immunity Won’t Prevent Meta From Facing Australian Billionaire’s Claims Over Scam Crypto Ads
A federal district court judge in California ruled that Australia’s second-richest person can sue Meta Platforms Inc. over its alleged negligence in operating in a commercially reasonable manner […]
Manatt Hires Crypto Partner in New York, Continuing Growth in Financial Services and Digital Assets
California-founded Am Law 200 firm Manatt, Phelps & Phillips is bringing on a crypto-focused financial services partner from an in-house role at a venture capital firm. Michael Katz headed […]
NY Reaches $2B Settlement With Bankrupt Crypto Lender Genesis
A settlement for bankrupt cryptocurrency brokerage firm Genesis Global Capital to repay its creditors $2 billion in cash and digital assets is said to be the largest digital […]
SEC Escalates Fight With Robinhood, Sending Wells Notice Over Crypto Unit
Robinhood legal chief Dan Gallagher’s life just got harder. Over the weekend, the company disclosed in an 8-K that it received a “Wells Notice” from the U.S. Securities […]