カテゴリー: Class-Action

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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Lawyer Argues Tezos Suit “Should Be Heard in Switzerland”

Lawyer Argues Tezos Suit "Should Be Heard in Switzerland"Drew Hinkes, a miami-based partner at legal firm Berger and Singermann has discussed the legal dispute over the approximately $232 million USD raised by the Tezos ICO. Last month, news.Bitcoin.com reported that the founders of Tezos had entered into a legal battle with the chairman of a Swiss foundation comprising an independent third party tasked with […]

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Class Action Lawsuit Filed Against Cryptocurrency Exchange Kraken

KrakenThis week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to

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