Lawsuit

WBTC Delisting Fight Ends: Bit Global Drops Case Against Coinbase

WBTC Delisting Fight Ends: Bit Global Drops Case Against Coinbase

Bit Global has officially dropped its $1 billion lawsuit against Coinbase, with both firms agreeing to dismiss the case with prejudice, according to a joint court filing submitted Friday. Antitrust Accusation Dropped The joint stipulation, filed in the U.S. District Court for the Northern District of California, confirms that the dispute between Bit Global Digital […]

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DCG, Barry Silbert Face .3 Billion in New Lawsuits From Genesis Creditors

DCG, Barry Silbert Face $3.3 Billion in New Lawsuits From Genesis Creditors

The Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group in an effort to recover billions of dollars owed to Genesis Global Capital. Claims of Mismanagement and Fraud The Genesis Litigation Oversight Committee (LOC) has filed two lawsuits against Digital Currency Group Inc. (DCG), seeking recovery in-kind, including more than 1 million

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Are Corporate Bitcoin Treasuries at Risk? Michael Saylor’s Strategy Hit With Class-Action Lawsuit 

Are Corporate Bitcoin Treasuries at Risk? Michael Saylor’s Strategy Hit With Class-Action Lawsuit 

Strategy, formerly MicroStrategy, has been hit with a class-action lawsuit over alleged misleading statements tied to its Bitcoin strategy. The May 19 Lawsuit filing claims Strategy hid the associated risks, citing a $5.9 billion unrealized Q1 loss that triggered an 8.67% drop in MSTR shares during April 7 trading. The “anticipated profitability” and “risks associated

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Coinbase Faces Multiple Lawsuits Over Bribed Support Agents and User Data Leak

Coinbase Faces Multiple Lawsuits Over Bribed Support Agents and User Data Leak

Coinbase is under mounting legal pressure following its recent disclosure of a significant data breach. The breach exposed sensitive personal information of its users after cybercriminals bribed overseas support staff. @Coinbase has disclosed a data breach involving a small subset of customer information.#Coinbase #DataBreach https://t.co/qfBEmf3Cc0 — Cryptonews.com (@cryptonews) May 15, 2025 Between May 15 and

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Defense Seeks Dismissal in Samourai Wallet Case After FinCEN Disclosure, DOJ Policy Shift

Defense Seeks Dismissal in Samourai Wallet Case After FinCEN Disclosure, DOJ Policy Shift

The legal team for Samourai Wallet co-founders Keonne Rodriguez and William Hill has requested dismissal of criminal charges, citing newly disclosed FinCEN guidance that contradicted prosecutors’ claims and a recent Justice Department policy discouraging “regulation by prosecution” in the crypto sector. Legal Battle Looms as Samourai Founders Cite Brady Violations In a recent court filing

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Prosecutors Seek 20-Year Sentence for Ex-Celsius CEO in Multi-Million-Dollar Fraud Case

Prosecutors Seek 20-Year Sentence for Ex-Celsius CEO in Multi-Million-Dollar Fraud Case

Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years, Prosecutors Say In a sentencing memorandum filed April 28, the

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