Lawsuit

Highlights: Tornado Cash co-founder will face trial after judge rejects his claim that coding is protected free speech. Roman Storm could face up to 45 years in prison if convicted on all charges related to Tornado Cash. The judge ruled […]

Highlights: The Texas court dismissed Consensys’ lawsuit against the SEC on procedural grounds. Consensys aimed to clarify Ethereum’s status and protect MetaMask services.  ConsenSys plans to continue fighting for blockchain developers’ rights. The United States District Court for the Northern […]

Highlights: The SEC seeks an additional four months to review over 133,000 documents in the Coinbase lawsuit. The new deadline for discovery in the SEC vs. Coinbase case could extend until February 2025, beyond the elections. Coinbase has agreed to […]

Highlights: The SEC has rejected Hex founder Richard Heart’s attempt to dismiss the case against him. The case involves allegations of $1 billion in unregistered securities offerings. The lawsuit asserts that Hex, Pulse X, and PulseChain are considered securities. The […]

Highlights: ASIC has sued ASX for allegedly misleading statements about its failed blockchain project. ASX claimed the blockchain project was on track for April 2023 but faced delays. ASIC’s actions highlight its commitment to market integrity, with ASX’s stock price […]

Highlights: A U.S. appeals court has revived a lawsuit alleging Binance.US manipulated the HEX token price. The Ninth Circuit Court ruled that the district court has personal jurisdiction over Binance.US and CoinMarketCap. The case, initially dismissed in 2023, now returns […]

Highlights: SEC charges NovaTech with operating a $650 million Ponzi scheme, defrauding over 200,000 investors. Promoters and founders are accused of using investor funds to pay earlier investors and for personal gain. The legal action seeks permanent injunctive relief, disgorgement, […]

Highlights: Celsius sues Tether for breaching contract terms through “Preferential Application Transfer,” causing substantial financial losses. The lawsuit claims Tether’s hasty liquidation of 39,542.42 BTC was commercially unreasonable and violated market practices. Celsius seeks to reclaim over $2 billion in […]

Highlights: Brian Frye and Jonathan Mann filed a lawsuit against the SEC, questioning NFTs as securities. The lawsuit uses Taylor Swift’s concert tickets as an analogy to highlight the absurdity of the SEC’s approach. Attorneys argue the SEC’s broad interpretation […]

Highlights: Whales have triggered over 130 million XRP shifts within a three-hour timeframe. XRP price showed signs of massive recovery, with a 25.3% gain in its 7-day-to-date data. The protracted lawsuit remains XRP’s main price depressor. XRP whales are grabbing […]

Highlights: The SEC rejected Ripple’s comparison to Terraform Labs, citing significant case differences. Ripple’s penalty comparison based on Terraform’s ratio ignored gross profits, leading to a proposed $102.6 million penalty. The SEC emphasized that Terraform Labs’ bankruptcy and restitution measures […]

Highlights: Chainalysis, represented by Skadden Arps, won dismissal of a breach-of-contract suit seeking $80M in damages. As per Judge Joel Cohen, Plaintiff Blake Ratliff’s suit was dismissed due to untimely filing and unenforceable terms. Ratliff claims his oral agreement on […]