Genesis Global Settles Lawsuit with NY Attorney General

In a significant development, Genesis Global Holdco LLC has reached a settlement in the lawsuit filed by New York Attorney General Letitia James. The lawsuit alleged that the bankrupt crypto lender defrauded customers through its now-terminated Gemini Earn program, which…

Netflix Lawsuit Unveils High-Stakes Bets, Dogecoin Windfall, and a $14 Million Legal Showdown

In a surprising turn of events, a U.S. filmmaker has found himself at the center of controversy after reportedly making a staggering profit of over $20 million from a bet on the cryptocurrency dogecoin. However, this windfall has led to…

Why Gemini crypto exchange sued Genesis Global ?

In a significant legal development, cryptocurrency exchange Gemini has filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court. The dispute revolves around the ownership and distribution of 62,086,586 shares…

Yuga Lab’s Victory: Ryder Ripps Ordered to Pay $1.5 Million

Key Highlights In a recent courtroom showdown. The court has ordered Ryder Ripps and Jeremy Cahen to pay a hefty sum of $1.5 million to Yuga Labs. The creators of the renowned Bored Ape Yacht Club. A U.S. District Judge…

New York Attorney General Files Lawsuit Against Crypto Firms, Alleging $1 Billion Fraud Linked to SBF Hedge Fund Investment

In recent news, the New York Attorney General has filed a lawsuit against crypto firms, Digital Currency Group (DCG) and Gemini, alleging a massive fraud amounting to $1.1 billion. This lawsuit has sent shockwaves through the cryptocurrency industry and has…

Trader Joe’s Grocery Chain Files Lawsuit Against DEX of the Same Name

In a recent legal battle, Trader Joe’s, the renowned American supermarket chain, has taken legal action against a decentralized exchange (DEX) platform that shares the same name. This article delves into the details of the trademark dispute, highlighting the allegations…

Ripple says it will fight the SEC lawsuit ‘all the way through’

During an interview with CNBC, Monica Long, Ripple’s president, affirmed that Ripple intends to battle the ongoing SEC lawsuit relentlessly. A Prolonged Battle: Three Years of the SEC Lawsuit This lawsuit between Ripple and the SEC has endured for nearly…

Uniswap and DEFI Dodged a Big Bullet

A lawsuit filed against Uniswap and its venture capitalist backers was dismissed by a US district Court on August 31, 2023.  The court ruled that the claims were devoid of factual support, and the platform’s decentralized structure makes it different…

Singapore among World’s First to Agree to Stablecoin Crypto Regulation

Making the dawn of new age, The Monetary Authority of Singapore (MAS) announced its rules for using and adapting a stablecoin cryptocurrency. Singapore is one of the earliest in setting the bar by finalizing stablecoin regulations. This stablecoin crypto regulation…

Popular Star Taylor Swift Dodged the FTX Bullet

The FTX fallout affected a lot of companies and retail investors.   This understandably earned the ire of a lot of people who demanded their pound of flesh.  Celebrities, who were paid to endorse the collapsed crypto platform, were not spared…