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.
The team behind Aragon has decided to shut it down and force users to redeem their tokens. Its DAO, however, voted to take legal action to against this move.
The now-bankrupt сrypto lender claims that the cryptocurrency exchange withdrew approximately $689,302,000 during the 90-day period prior to the bankruptcy, benefitting at the expense of other creditors.
The team behind Aragon has decided to shut it down and force users to redeem their tokens. Its DAO, however, voted to take legal action to against this move.
The now-bankrupt сrypto lender claims that the cryptocurrency exchange withdrew approximately $689,302,000 during the 90-day period prior to the bankruptcy, benefitting at the expense of other creditors.
The tech giant faces a class-action lawsuit filed by Venmo and Cash App users, questioning its control over iOS peer-to-peer payment services and the resulting impact on fees and market competition.
This week, the court was in session for just two days but saw the conclusion of the prosecution's case and the beginning of Sam Bankman-Fried's personal testimony.
Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.
