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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.

Trading   -   May 02, 2024 China's Unluckiest Number Was 4-Tunate for CZ
CZ 4 changpenq zhao hour

Changpeng Zhao's fate has become weirdly entwined with the number "4", which he used to silence his critics.

Trading   -   May 01, 2024 CZ Sentenced to Four Months in Prison, Some Matters Remain Under Seal
CZ binance sentenced

After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.

Tron Foundation and Justin Sun File Motion to Dismiss SEC Lawsuit
Litigation   -   May 03, 2024 U.S. SEC vs. Justin Sun and Tron Foundation: Legal Back and Forth Continues

The defendants challenge the SEC's authority to regulate their 2017 ICO, which Justin Sun and the Tron Foundation claim wasn't targeted at U.S. investors and involved primarily foreign participants.

Mathilde Adam
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Litigation   -   May 03, 2024 U.S. SEC vs. Justin Sun and Tron Foundation: Legal Back and Forth Continues
Tron Foundation and Justin Sun File Motion to Dismiss SEC Lawsuit

The defendants challenge the SEC's authority to regulate their 2017 ICO, which Justin Sun and the Tron Foundation claim wasn't targeted at U.S. investors and involved primarily foreign participants.

Mathilde Adam
Trading   -   May 02, 2024 China's Unluckiest Number Was 4-Tunate for CZ
CZ 4 changpenq zhao hour

Changpeng Zhao's fate has become weirdly entwined with the number "4", which he used to silence his critics.

Observers
Trading   -   May 01, 2024 CZ Sentenced to Four Months in Prison, Some Matters Remain Under Seal
CZ binance sentenced

After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.

Sasha Markevich
Blockchain   -   Apr 30, 2024 If You Are A Crypto Mixer Developer, Check U.S. DOJ Website Regularly
Samourai crypto mixer wallet Keonne Rodriguez William Lonergan Hill

Founders of another privacy-focused crypto tool face charges for allegedly facilitating $2 billion in illegal transactions, including over $100 million in criminal proceeds. Evidence suggests Samourai Wallet developers knew their service was used for illicit purposes.

Mathilde Adam
Litigation   -   Apr 27, 2024 Crypto Strikes Back: Consensys, Advocate Groups Sue U.S. SEC
Crypto Strikes Back: Consensys, Advocate Groups Sue U.S. SEC

The agency is under fire, facing lawsuits from Consensys and the Blockchain Association, which argue that its recent regulations constitute unlawful overreach.

Mathilde Adam
Trading   -   Apr 25, 2024 Ripple Opposes SEC's Proposed $2 Billion Fine in XRP Lawsuit
Ripple Opposes SEC's Proposed $2 Billion Fine in XRP Lawsuit

The firm calls the penalty "draconian" and unjustified, arguing that a fine closer to $10 million would be more appropriate.

Mathilde Adam
Exchanges   -   Apr 23, 2024 Sam Bankman-Fried Turns on His Celebrity Cheerleaders
Sam Bankman-Fried Turns on His Celebrity Cheerleaders

Sam Bankman-Fried (SBF) has agreed to help ex-investors go after promoters of FTX, including Tom Brady, Larry David, and Gisele Bundchen. In exchange, the suit against him will be dropped.

Observers
Exchanges   -   Apr 19, 2024 SEC vs. Kraken: Amicus Brief Challenges Major Questions Doctrine Defense
Kraken SE

The brief claims the SEC’s actions fall within its traditional regulatory scope, opposing Kraken's claim that these actions are extraordinary or lack congressional authorization.

Mathilde Adam
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