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Tag: Legal Action

Court freezes Craig Wright’s assets to ensure payment of legal fees

The UK court has ordered a worldwide freeze on £6 million of Craig Wright’s assets, aiming to prevent the computer scientist from transferring funds...

Elon Musk teases next-gen AI chatbot Grok-1.5 with superior coding and math skills

Elon Musk announced that an upgraded iteration of his artificial intelligence firm xAI’s chatbot Grok may be released next week.This revelation came via Musk’s...

The Crypto Roundup: 28 March 2024 | CryptoCompare.com

The U.S. Securities and Exchange Commission (SEC) achieved a legal victory in its battle against Coinbase on Wednesday when a judge decided that...

KuCoin Faces U.S. Legal Heat: Founders Charged Over AML Lapses

The U.S. Attorney’s Office for the Southern District of New York, in conjunction with Homeland Security Investigations (HSI), has announced the unsealing of an...

Ripple Provided Big XRP Price Discounts To Select Investors: SEC

In the XRP lawsuit, the US Securities and Exchange Commission (SEC) filed its motion for remedies and entry of final judgment against Ripple, proposing...

DeFi group, apparel company sue SEC over crypto token classification

The DeFi Education Fund and Texas-based apparel company Beba have filed a lawsuit against the U.S. Securities and Exchange Commission demanding a legal declaration...

SEC Faces Lawsuit Seeking To Exempt Airdrops From Securities Classification – The Defiant

The DeFi Education Fund teamed up with Beba Collection, a small apparel company, in a bid to get regulatory clarity from the courts on...

SEC Brands Terraform Labs a “House of Cards” as Civil Trial Commences

SEC accuses Terraform Labs of constructing a fraudulent empire, with the civil trial beginning over a year after the lawsuit was filed. The United...

Coinbase CEO Calls Bitcoin ‘the Antidote to Inflation’

On March 19, Brian Armstrong, the CEO of Coinbase, appeared on Bloomberg TV to discuss various aspects of the cryptocurrency industry, including the impact...

Bitcoin Price $72,000 Within Reach

We normally don’t do this on a Monday to give way to the weekly local newsletter, but still welcome to BitPinas Key Points: Easily digestible...

Worldcoin (WLD) Rallies Amid Regulatory Crackdown, Reaching $105,000,000,000 Fully Diluted Valuation – The Daily Hodl

Sam Altman’s identity-focused crypto project Worldcoin (WLD) is one of the top-performing crypto assets in the last several days as it faces regulatory scrutiny...

Worldcoin To Sue Spanish Government Over Ban

Worldcoin is suing the Spanish government over a ban, claiming compliance with EU laws. Spanish authorities accused Worldcoin of privacy breaches, sparking a legal clash. Both...

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