Lawsuit


Policy

Grayscale Chief Legal Officer: A Spot Bitcoin ETF Will Protect U.S. Investors, Consumers

Craig Salm discusses what happens next after a court acts on its lawsuit against the SEC, and whether this regulator should even be involved with bitcoin products.

(Grayscale Investments Chief Legal Officer Craig Salm/CoinDesk TV)

Policy

Judges Express Skepticism of SEC Arguments in Grayscale Bitcoin ETF Hearing

The panel of appeals court judges questioned the SEC's logic in drawing a distinction between bitcoin spot market prices and futures market prices.

U.S. Court of Appeals for District of Columbia Circuit (Jesse Hamilton/CoinDesk)

Policy

‘Tonight Show’s’ Jimmy Fallon Files to Be Removed From Subpoena in Bored Apes Trademark Case

Fallon’s lawyer called the subpoena an “unwarranted fishing expedition for irrelevant material.”

Jimmy Fallon on "The Ellen DeGeneres Show" in 2015 (Laura Cavanaugh/FilmMagic via Getty Images)

Policy

Alameda Sues Grayscale and DCG to Allow Redemptions, Reduce Fees

The bankrupt trading firm is seeking injunctive relief to allow FTX debtors to realize what it claims is more than $250 million in asset value.

Grayscale CEO Michael Sonnenshein (CoinDesk)

Markets

GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday

The closed-end fund's discount to net asset value had widened to 47% in mid-February.

Grayscale's Michael Sonnenshein speaks at Invest: NYC 2019 (CoinDesk)

Policy

Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge

The class-action lawsuit alleged Maker-related entities misrepresented risks of holding collateral debt positions, resulting in heavy losses for some users.

(Aitor Diago/Getty Images)

Policy

Legal Expert Says MetaBirkin Project Intended to Use Hermès’ Brand for Economic Gain

Olta Andoni, general counsel at financial firm Enclave Markets, said artist Mason Rothschild was looking to “piggyback” off the French luxury brand’s reputation. But even artists who are creating digital art aren't free of consumer protection laws.

(MetaBirkins/Instagram)

Web3

Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

The suit involved the developer of websites and a smart contract to sell “misleading” RR/BAYC NFTs. There are separate ongoing cases regarding Ryder Ripps' use of Bored Apes' imagery.

Bored Ape (Yuga Labs)

Policy

Judge Dismisses Proposed Class-Action Lawsuit Alleging Coinbase Sold Unregistered Securities

The customers also accused Coinbase of failing to register as a broker-dealer.

Brian Armstrong in 2019  (Steven Ferdman/Getty Images)

Finance

Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up

Avraham Eisenberg lost his gamble in more ways than one.

(DALL-E/CoinDesk)