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Litigation

Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.

Litigation

Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.

Scam   -   Mar 29, 2023 Canada’s ‘Crypto King’ Kidnapped and Tortured for $3 Million
Aiden Pleterski Crypto King of Canada

Aiden Pleterski, self-proclaimed ‘Crypto King’ of Canada, was kidnapped, tortured, and held hostage by angry investors in Ontario, Canada.

Regulation   -   Mar 25, 2023 SEC Charges Justin Sun for Unregistered Crypto Security Offerings
SEC Charges Justin Sun for Unregistered Crypto Security Offerings

The US SEC charges Justin Sun and his companies for unregistered offers and sales of TRX and BTT, market manipulation of TRX, and undisclosed compensation to celebrities for promoting TRX and BTT.

The founders of Terra, Kwon and Shin, and the Judge's Hammer.
Stablecoins   -   Mar 31, 2023 A New Stage in the Investigation Against Terra Employees

The legal representative of Do Kwon is trying to appeal the decision of the Court in Montenegro and the issue of extradition of Kwon from Montenegro is also being resolved. South Korea is once again launching a prosecution against a former Terra employee, Daniel Shin.

Alex Harutunian
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Stablecoins   -   Mar 31, 2023 A New Stage in the Investigation Against Terra Employees
The founders of Terra, Kwon and Shin, and the Judge's Hammer.

The legal representative of Do Kwon is trying to appeal the decision of the Court in Montenegro and the issue of extradition of Kwon from Montenegro is also being resolved. South Korea is once again launching a prosecution against a former Terra employee, Daniel Shin.

Alex Harutunian
Scam   -   Mar 29, 2023 Canada’s ‘Crypto King’ Kidnapped and Tortured for $3 Million
Aiden Pleterski Crypto King of Canada

Aiden Pleterski, self-proclaimed ‘Crypto King’ of Canada, was kidnapped, tortured, and held hostage by angry investors in Ontario, Canada.

Eva Senzaj Pauram
Regulation   -   Mar 25, 2023 SEC Charges Justin Sun for Unregistered Crypto Security Offerings
SEC Charges Justin Sun for Unregistered Crypto Security Offerings

The US SEC charges Justin Sun and his companies for unregistered offers and sales of TRX and BTT, market manipulation of TRX, and undisclosed compensation to celebrities for promoting TRX and BTT.

Observers
Lending and Borrowing   -   Mar 23, 2023 UK Court Ordered Oasis to Exploit Own Security Flaw to Recover 120k wETH Stolen in Wormhole Hack
Oasis Wormhole hack counterattack

Around $140 million worth of wrapped ether, stolen last year in a hack on the Wormhole token bridge, has been recovered using a counter-exploit on the Oasis.app vault in which it was being held. A UK court ordered Oasis to carry out the recovery action.

Jack Martin
Celsius   -   Mar 06, 2023 A Withdrawal Was Opened to Clients of Celsius Custody
Celsius holds out a wad of money

Bankrupt Celsius has started withdrawing funds for clients holding deposit accounts for the first time since June last year. But there are a number of restrictions.

Alex Harutunian
Regulation   -   Mar 03, 2023 Ripple vs SEC Updates
Ripple vs. SEC Updates

The ongoing dispute between Ripple and SEC is closely followed by crypto participants and investors alike, with many anticipating the outcome's potential impact on the market.

Observers
Exchanges   -   Feb 21, 2023 Mt. Gox Saga Overview and Latest Updates
Mt. Gox Saga Overview and Latest Updates

The Mt. Gox saga continues. The repayment registration deadline was moved to March 2023. We propose revisiting this story and going through its main stages.

Sasha Markevich
Litigation   -   Jan 17, 2023 Ownership of Earn Assets and a Lawsuit Against Alex Mashinsky
Celsius logo on the background of judicial symbols.

Martin Glenn, the federal judge dealing with the bankruptcy of Celsius, ruled that the funds under the Earn program belong to Celsius. At the same time, Letitia James, the Attorney General of New York, filed a lawsuit against Alex Mashinsky.

Alex Harutunian
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