Binance is seeking arbitration for all members of a securities class-action lawsuit, citing user agreement to arbitrate claims. Explore the legal battle, key arguments, and potential outcomes.
Tag: Court
Coinbase Faces Lawsuits After Data Breach: User Data Compromised, Security Questioned
Coinbase is embroiled in a series of lawsuits following a data breach where customer support agents were bribed, compromising user data. The lawsuits allege inadequate security measures and a delayed response from the exchange.
Sonic Labs Wins Judgment to Wind Up Multichain Foundation: Recovering $210M Hack Funds
A Singapore High Court has granted Sonic Labs’ motion to wind up the Multichain Foundation following a $210 million hack in 2023. Liquidators from KPMG will now attempt to recover and distribute funds to affected users.
Cred Executives Plead Guilty to Wire Fraud: A Detailed Breakdown
Former Cred CEO and CFO admit to wire fraud, facing potential prison sentences. Explore the details of the case, customer losses, and related legal consequences.
SEC Commissioner Crenshaw Criticizes Ripple Settlement, Citing Regulatory Concerns
SEC Commissioner Caroline Crenshaw voices strong dissent against the proposed settlement with Ripple, warning of a potential regulatory vacuum and damage to investor protections. Explore the implications and next steps in this ongoing legal battle.
Avraham Eisenberg, Mango Markets Exploiter, Sentenced to Over 4 Years on Child Abuse Material Charges
Avraham Eisenberg, known for exploiting decentralized exchange Mango Markets, has been sentenced to over four years in prison on charges unrelated to the exploit, specifically involving child sexual abuse material. This article delves into the details of the sentencing, the original Mango Markets exploit, and the legal proceedings surrounding both cases.
FTX Pursues NFT Stars and Delysium for Unpaid Tokens in Lawsuits
Bankrupt crypto exchange FTX is suing NFT marketplace NFT Stars and blockchain gaming firm Delysium (Kurosemi) to recover tokens owed, claiming breach of contract and seeking damages.
Mango Markets Exploiter Faces Over 6 Years in Prison: A Deep Dive
US prosecutors seek a 6.5-year prison sentence for Avraham ‘Avi’ Eisenberg, convicted of the $110 million Mango Markets exploit. This article explores the case, the charges, and the potential impact on the crypto community.
Block Earner Wins Appeal Against ASIC: Crypto Lending Platform Not a Financial Product
Australia’s Federal Court ruled in favor of Block Earner, stating its crypto-lending products don’t require a financial services license. This decision overturns a previous ruling and impacts the regulatory landscape for crypto assets in Australia.