カテゴリー: Class-Action

Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge RulesSince its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U.S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances […]

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Associations Challenging Crypto Ads Ban to Proceed with Lawsuit

Associations Challenging Crypto Ads Ban to Proceed with LawsuitFacebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing such restrictions. The claimants want to proceed with filing the lawsuit, despite the policy update. Also […]

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Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked Coins

Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked CoinsA class action lawsuit is being prepared by a group of lawyers in Japan over forked coins that cryptocurrency exchanges are not granting to their customers. Citing that these coins belong to the customers, the group seeks to change the business practices of crypto exchanges and obtain the forked coins for the plaintiffs. Also read: Yahoo! […]

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Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked Coins

Lawsuit Brewing Against Crypto Exchanges in Japan Over Withheld Forked CoinsA class action lawsuit is being prepared by a group of lawyers in Japan over forked coins that cryptocurrency exchanges are not granting to their customers. Citing that these coins belong to the customers, the group seeks to change the business practices of crypto exchanges and obtain the forked coins for the plaintiffs. Also read: Yahoo! […]

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Tezos Community Petitions to End the Class Action Lawsuits

Tezos Community Petitions to End the Class Action LawsuitsTezos was conceived as a governance-based blockchain to rival Ethereum, but it’s become more synonymous with protracted legal battles and internecine conflict. As the latest class action lawsuit drags its way through the courts, the Tezos community has petitioned for an end to all the legal turmoil so that everyone can move on. Also read: US […]

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More Communities Join the Legal Action against Crypto Ads Ban

More Communities Join the Legal Action against Crypto Ads BanCryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia.   Also read: Twitter Confirms Restrictions on ICOs […]

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Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads

Russian, Chinese, Korean Associations to Sue Internet Giants over Banned Crypto AdsCryptocurrency and blockchain associations from Russia, China and South Korea plan to file a class action against internet corporations banning crypto ads. The lawsuit will challenge restrictions imposed by Facebook, Google, Twitter and Yandex. An agreement to take the matter to court in the US has been reached at a crypto conference in Moscow. Also […]

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Coincheck Produces Recovery Plan While Investors Flock to Withdraw Funds

Coincheck Produces Recovery Plan While Investors Flock to Withdraw FundsJapanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also […]

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Half a Billion Dollar ICO Tezos Stung by Second Lawsuit in Under a Month

Half a Billion Dollar ICO Tezos Is Stung by Second Lawsuit in Under a MonthTezos, a company with over half a billion dollars in crypto assets, have been rocked by yet another lawsuit. Following a record-breaking ICO four months ago, founders Arthur and Kathleen Breitman have endured a torrid time after falling out with the head of the Tezos Foundation. Concerned investors filed a class action lawsuit on October 25. […]

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Police Posted at Bithumb as Users File Lawsuit After Server Outage Costs Millions

Bithumb Lawsuit After Server Outage Costs MillionsUsers of Bithumb, the world’s largest cryptocurrency exchange, have filed a class action lawsuit following a costly server outage on November 12. Despite only lasting 90 minutes, the outage cost traders millions of dollars, occurring at the height of frenzied bitcoin cash trading. One customer complained of losing 250 million won ($223,000) in the chaos. […]

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