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Lawsuit
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.
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital
Gryphon sent $500,000 worth of its business partner's bitcoin to a hacker pretending to be Sphere 3D's CFO, the lawsuit claims.
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?
Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'
If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.
Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
In a blog post, Changpeng Zhao wrote the company did not agree with the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.
Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit
Shares of rival crypto exchange Coinbase fell by nearly 10%.
Binance, CEO Zhao Sued by CFTC Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products
The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.
XRP Token Surges on Positive Outlook in Ripple vs. SEC Case
The token's price has jumped 20% in the past 24 hours as Ripple defendants heralded a positive view in their case with the U.S. Securities and Exchange Commission.
Lightning Labs’ Taro Project Faces Halt as Judge Issues Temporary Injunction for Trademark Infringement
The decision in the case brought by fellow blockchain software developer Tari Labs raises questions about trademark enforcement in the open source community.
Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call
Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.
