Lawsuit

Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission

</header> <strong>The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent blog post makes it seem like “legal redress” is coming …

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TON Developers, Investors Back Telegram in SEC Fight

Undeterred by the U.S. Securities and Exchange Commission (SEC)’s lawsuit against Telegram, developers and investors in the company’s blockchain project have formed a nonprofit for community governance. One of the TON Community Foundation’s first actions was to defend Telegram in the case, filing a friend of the court brief Friday in the U.S. District Court …

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Peloton told it can’t countersue music publishers over high workout music prices

Sponsored Links Andrei Stanescu via Getty Images Peloton has failed to convince the court that the National Music Publishers Association violated federal antitrust laws. If you’ll recall, the NMPA sued Peloton in early 2019, accusing it of using songs in its workout videos without obtaining the proper licenses for them. Peloton’s workout subscription members, who …

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say

</header> <strong>A prolonged legal battle, which may hold the key to <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a>’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit …

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Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District

</header> <strong>Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually raised suspicion, now faces at least three ongoing legal …

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SEC Produces Evidence That Telegram Kept Selling Tokens After $1.7B ICO

At least two entities invoiced Telegram for commissions from selling the company’s tokens in the summer of 2018, months after the company’s initial coin offering (ICO), newly released documents show.  The U.S. Securities and Exchange Commission (SEC), which filed the documents Friday in its ongoing court case against Telegram, said the evidence of post-ICO sales …

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In flashpoint for the rebellion against big tech, Sonos sues Google for patent infringement

Enlarge / The Sonos One SL. Jeff Dunn In a move that has become the top talking point of CES and a flash point for an industry’s pent-up frustrations, smart audio company Sonos has sued Google for infringement of five of its patents, The New York Times reports. The publicly traded, Santa Barbara, California-based audio …

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Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit

</header> <strong>The high profile billion dollar bitcoin lawsuit, Kleiman v. Wright, has continued into the new year. The Kleiman estate’s legal team filed for a protective order to prevent the deposition of Wright’s ex-wife on January 13, 2020. Additionally, the plaintiffs and defendants have scheduled a slew of fact and expert witness depositions for the …

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Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply

</header> <strong>Since Tether’s (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/USDT” target=”_blank” rel=”noopener noreferrer”>USDT</a>) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/USDT” target=”_blank” rel=”noopener noreferrer”>USDT</a> supply currently sits at over 2.2 billion tokens, while …

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Uber and Postmates sue California over gig worker law

Sponsored Links AP Photo/Rich Pedroncelli It didn’t take long for tech companies to take legal action in hopes of thwarting California’s gig economy labor law. Uber and Postmates have filed a lawsuit in an attempt to block AB5, which makes it harder for companies to define workers as contractors, just as it takes effect. They …

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