Lawsuit
Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits
The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.

Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.

Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.

Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
The leader of SpartacusDAO is barred from touching $35 million in investor funds until he starts working with the court.

Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show
The SEC cannot regulate digital assets involved in the case because the UST stablecoin is a currency, not a security, lawyers for Kwon have said.

Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Trademarks
Use of BAYC intellectual property by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled.

Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
The agency said Bittrex failed to register as an exchange, broker or clearing agency.

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
The state's attorney general claims the Kansas City Fed’s decision to deny Custodia’s master account rests partly on “perceived inadequacies in Wyoming’s laws and regulations.”

Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.
