Tagged: lawsuit

September 10, 2018 @ 12:19 pm By Cali Haan  |  

The lawyer Brynly Llyr will be leaving her post as Lead Counsel at remittance company Ripple, a Ripple spokesperson has confirmed to Quartz: “We’re grateful for all that she did to help build an incredible team…(and) wish Brynly all the best in her next endeavor…(T)he… Read More

September 7, 2018 @ 8:53 pm By Cali Haan  |  

A judge in Vancouver, BC has ordered Jason Bradley Arnold, a former COO at the Shair.com marketing firm, to hand over his purportedly “dead” laptop as well as access to his digital currency wallets. Judge Ronald Skoolrod, however, refused to order “a Mareva injunction” in… Read More

August 21, 2018 @ 10:49 pm By JD Alois  |  

Last week, CI reported on a class action lawsuit filed against Unikrn and their initial coin offering (ICO). The company raised approximately $30 million in an ICO in late 2017. Unikrn was founded by Rahood Sahul, who is no neophyte when it comes to tech and venture capital…. Read More

August 17, 2018 @ 10:01 am By JD Alois  |  

Unikrn, a blockchain based gaming platform that is associated with some big name backers like Mark Cuban, has been hit with a lawsuit filed in the Superior Court of Washington for King County this week. The allegation that the Unikrn initial coin offering (ICO) constituted… Read More

August 17, 2018 @ 1:34 am By Cali Haan  |  

Playboy Enterprises, the company that publishes the famous nude magazine, is suing a Vancouver-based crypto tech and investment company for fraud and breach of contract, The Los Angeles Times reports. Playboy claims that Global Blockchain Technologies (GBT) has failed to follow through on an agreement to,… Read More

August 14, 2018 @ 10:38 pm By Cali Haan  |  

A motion by plaintiffs in a class action suit against Ripple Labs to keep the case in California courts was denied this week by a judge. The case will now move to federal court. Lawyers for class action plaintiff Ryan Coffey filed the suit against… Read More

August 9, 2018 @ 10:08 am By Cali Haan  |  

Two defendants in a class action suit against the beleaguered but rich blockchain project Tezos have been exempted by a judge, though the case will proceed against the Tezos Foundation and DLS. The decision by California Northern District Judge Richard Seeborg was filed yesterday in… Read More

July 15, 2018 @ 8:59 am By Cali Haan  |  

  Youtube, “failed as a gatekeeper to protect its users,” by allowing affiliates of the Bitconnect cryptocurrency ponzi scheme to post 70 000 hours of promotional video, lawyers for plaintiffs in a class action claim. Bitconnect used multilevel marketing to boost operations and several Bitconnect… Read More

June 12, 2018 @ 10:50 pm By Cali Haan  |  

A LocalBitcoins seller, known as “Bitcoin Maven,” who plead guilty to running an unregistered money transmission business and laundering drug money for Bitcoin, had her sentencing postponed yesterday at a federal court in LA. As part of a pre-indictment plea agreement, Theresa Tetley, 50, pleaded… Read More

May 22, 2018 @ 11:23 am By JD Alois  |  

A note by Law360 indicates that defendants Sohrab “Sam” Sharma and Robert Farkas, co-creators of Centra Tech and an affiliated initial coin offering (ICO), have pleaded not guilty in the US District Court Southern District of New York. The Centra Tech ICO reportedly raised over $32… Read More

May 8, 2018 @ 11:13 pm By Cali Haan  |  

A proposed lawsuit by (standard) Bitcoin users against the Bitcoin Cash-controlled website Bitcoin.com and it’s CEO Roger Ver has been dropped. Ver, one of the most dedicated and high profile early adopters of Bitcoin, and several partners (including Jihan Wu, owner of the world’s largest… Read More

May 6, 2018 @ 2:42 pm By Cali Haan  |  

Ripple Labs, the company behind the cryptocurrency Ripple (XRP), are facing a class action lawsuit filed by an investor, Ryan Coffey, who alleges the company sold it’s cryptocurrency tokens to the public in violation of US securities laws. The filing also claims the company has… Read More

April 29, 2018 @ 4:00 pm By Cali Haan  |  

Morgan Rockcoons, a once active LocalBitcoins seller and committed Bitcoin lifestyler, has tweeted that he is in crisis after being offered a deal from prosecutors to plead guilty to money laundering and unlicensed money transmission in exchange for a lighter sentence. Rockcoons perceives the charges… Read More

April 28, 2018 @ 2:33 pm By Cali Haan  |  

Devoted “classic” Bitcoin network advocates claim they will soon be testing their brand confusion grievance against Roger Ver and Bitcoin Cash in court. Bitcoin (BTC) and Bitcoin Cash (BCH) have been engaged in a highly contentious rivalry ever since Roger Ver and associates “forked” (or… Read More

March 16, 2018 @ 9:24 am By Samantha Hurst  |  

Following the announcement that she is suing President Trump over a non-disclosure agreement about their alleged affair in 2006, Stephanie Clifford, also known as Stormy Daniels, has launched a crowdfunding campaign on CrowdJustice, seeking funds to cover her legal fees and other expenses. While sharing details… Read More

February 15, 2018 @ 10:36 am By JD Alois  |  

The law firm of Pomerantz LLP has announced that the class action lawsuit against The Crypto Company (OTCMKTS:CRCW) and certain of its officers, alleging violations of the Securities Exchange Act of 1934, has been voluntarily dismissed. The Securities and Exchange Commission (SEC) halted trading in… Read More

January 11, 2018 @ 12:25 am By Charles Kaufman  |  

Some may have missed a distinctive feature of the recently filed class action lawsuit against Bitcoin mining company Giga Watt, Inc.: it is not a fraud suit. It is a suit for rescission (return of invested funds, with interest) based on the company’s having failed… Read More

December 15, 2017 @ 2:00 pm By Samantha Hurst  |  

Big trouble for a crowdfunding success. Star Citizen, a highly anticipated video game that has surpassed more than $170 million in funding, is facing some legal issues. Cloud Imperium Games (CIG) and Roberts Space Industries (RSI), the creators of the game, have been slapped with a lawsuit by… Read More

November 2, 2017 @ 8:17 pm By JD Alois  |  

Tezos raised an astounding $232 million in an Initial Coin Offering (ICO) this past summer.  As the price of Bitcoin and other cryptocurrencies rocketed higher, some industry followers pegged the actual raise by Tezos closer to $400 million. A couple weeks back things started to… Read More

October 26, 2017 @ 11:39 am By Samantha Hurst  |  

California-based data analytics startup, hiQ Labs, has launched a crowdfunding campaign on CrowdJustice to continue its legal against LinkedIn over access to publicly available on the internet. According to hiQ, the initiative is seeking $100,000 to fund litigation costs, which includes the cost of the… Read More