Lawsuits

US Judge Dismisses Bitcoin Cash ‘Hijack’ Lawsuit Against Bitmain, Kraken

A U.S. court has dismissed a lawsuit accusing bitcoin cash proponents including Bitmain, Bitmain co-founder Jihan Wu, Kraken, Kraken founder Jesse Powell and Roger Ver of manipulating the cryptocurrency’s price during a 2018 hard fork that created bitcoin SV. Florida-based tech and blockchain development company United American Corp – “UnitedCorp” – accused nine defendants of …

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Craig Wright ‘Abusing’ Privilege to Block 11,000 Documents, Kleiman Lawyers Say

Lawyers representing the brother of Craig Wright’s deceased business partner have accused the Australian entrepreneur of “abusing” client-attorney privilege to withhold documents and “obfuscate” trial proceedings. In a memorandum filed Sunday at the Southern District Court of Florida (see below), the legal team representing Ira Kleiman – who is suing for $10 billion in bitcoin – …

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DOJ sues US telecom providers for connecting Indian robocall scammers

Enlarge Luis Alvarez / Getty Images The US Department of Justice has filed lawsuits (PDF and PDF) against two small telecommunications providers that have allegedly connected hundreds of millions of fraudulent robocalls from Indian call centers to US residents. The feds want a New York federal judge to cut off the companies’ access from the …

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Opporty Founder Calls SEC Suit ‘Grossly Overstated’ in Public Defense

The founder of blockchain marketplace Opporty has said the Securities and Exchange Commission’s (SEC) legal case against the firm could have repercussions for other crypto companies. In an eight-page open letter to the crypto community Tuesday, founder Sergii “Sergey” Grybniak claims the firm followed all regulatory guidance available at the time of its 2017–2018 initial …

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Former Employees Sue Justin Sun and TRON Foundation, Alleging Workplace Hostilities

A lawsuit accuses the frontman of the TRON cryptocurrency and his business associate of harassing and firing two employees, allegedly as payback for the employees’ objections to management practices and applications of the technology they were developing. In a 70-page court document filed in October in California state, Richard Hall, 50, and Lukasz Juraszek, 28, …

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Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France

</header> <strong>Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France after the Greek judiciary …

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Crypto Exec’s $1.8M SIM-Swap Lawsuit Has ‘Critical Holes,’ Says AT&T

AT&T says a lawsuit over a $1.8 million crypto hack fails to show how the U.S. telecom giant was responsible. The case, brought by VideoCoin’s head of strategy, Seth Shapiro, in October, alleges that, in 2018, AT&T employees were responsible for transferring control of his phone number to hackers, who used it as part of …

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A Lawsuit Alleging Tether and Bitfinex Manipulated the Bitcoin Market Has Been Dropped

A class-action lawsuit alleging Tether and Bitfinex manipulated the bitcoin market has been withdrawn by the plaintiffs. A document filed Jan. 7 in the Western District of Washington shows plaintiffs Eric Young and Adam Kurtz have opted for voluntary dismissal in their case against Tether and Bitfinex’s parent firm iFinex. The case was originally filed …

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T-Mobile/Sprint deal is good actually, Feds tell court in states’ lawsuit

Enlarge / T-Mobile CEO John Legere (left) and then-Sprint CEO Marcelo Claure during an interview on the floor of the New York Stock Exchange on April 30, 2018. Getty Images | Bloomberg Federal regulators that want to let T-Mobile complete its acquisition of rival wireless carrier Sprint are pushing back on a collective effort by …

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Cox Communications hit with $1 billion verdict over music piracy

Enlarge / The Blind Justice statue standing outside of District Court in Alexandria, Virginia, US, on Thursday, Aug. 16, 2018. Yuri Gripas | Bloomberg | Getty Images A jury in Virginia awarded some of the largest names in the music recording industry a whopping $1 billion in damages from Cox Communications, finding that the ISP …

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