Lawsuit


Web3

Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

The suit claims celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations "opportunistic and parasitic."

Bored Ape Yacht Club NFT image (Yuga Labs, modified by CoinDesk))

Markets

First Mover Americas: Grayscale in Investor's Crosshairs

The latest price moves in crypto markets in context for Dec. 7, 2022.

Grayscale's new ad campaign can be seen in New York's Penn Station. (Nikhilesh De/CoinDesk)

Finance

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg

Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.

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

Finance

Bankrupt Crypto Lender BlockFi Sues Bankman-Fried for Robinhood Shares, FT Reports

Bankman-Fried, through a holding company, pledged his stake in Robinhood as collateral for a loan.

Zac Prince, CEO de BlockFi, en Consensus 2019. (CoinDesk)

Policy

CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters Claim

Andreessen Horowitz, LexPunK and the DeFi Education Fund filed their responses to the CFTC.

(Mark Van Scyoc/Shutterstock)

Videos

FTX's Celebrity "Brand Ambassadors" Named in Class Action Lawsuit

A lawsuit seeks to extract billions in damages from celebrities who endorsed FTX, including Tom Brady, Gisele Bündchen, Stephen Curry and Larry David. Adam Moskowitz, managing partner at the Moskowitz Law Firm, says they have named 21 of 32 "brand ambassadors" of FTX so far, and they "will be suing the rest of them."

Recent Videos

Videos

Tom Brady, Gisele Bündchen and Other Celebs Named in FTX Lawsuit

High-profile celebrities including Tom Brady, Stephen Curry and Larry David were named as defendants in a lawsuit for their roles in promoting crypto exchange FTX. The lawyer behind the suit, Adam Moskowitz of Moskowitz Law Firm, discusses the legal considerations of the case and the outlook for celebrity crypto endorsements.

CoinDesk placeholder image

Finance

Crypto Lender Nexo Sued for Allegedly Blocking $126M Withdrawals in 2020-21

The claimants allege that Nexo froze their accounts in 2020-21 after they sought to remove their assets from the platform.

Crypto lender Nexo is being sued by three investors who allege the platform blocked their attempts to withdraw funds. (Nexo)

Finance

US Crypto Investors Sue FTX’s Sam Bankman-Fried, Company’s Celebrity Endorsers

The plaintiffs in a class-action suit claim that the heavily-marketed FTX yield-bearing crypto accounts were actually a Ponzi scheme.

Comedian Larry David appeared in a Super Bowl ad for FTX (Jeff Kravitz/FilmMagic for HBO)

Videos

Kim Kardashian Likely to Win EthereumMax Investor Lawsuit: Report

Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX) after a judge tentatively dismissed the case on Monday, according to a Bloomberg report. "The Hash" hosts discuss the ongoing story and lessons learned.

Recent Videos