Crypto bank Custodia sues the Fed over 19 month delay on account approval
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days.
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CFTC Sues Gemini Over Futures Contract Statements
Gemini, a leading crypto exchange, has been sued by the CFTC over statements regarding its earliest Bitcoin futures contracts. Lawsuit Concerns Bitcoin Futures Contract According to the U.S. Commodity Futures...
Yield App Stablegains Faces Lawsuit After Losing $44M on UST
Yield generation app Stablegains could be facing a class-action lawsuit after the company lost more than $44 million of customers funds by investing them in Terras failed UST stablecoin. Stablegains...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists…
XRP price rebounds after worst month since June 2021 — major recovery ahead?
The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022.
Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He…
Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win
The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright…
Binance wins dismissal of class action over 2018 tokens that tanked
The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”.
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent Australian public figures.” The regulator said, “The essence of our…