Cryptocurrency Lawsuit

Genesis Global Holdco, currently undergoing bankruptcy, has settled a lawsuit filed by the Securities and Exchange Commission (SEC) over a contentious lending program. As part of the agreement, Genesis, a subsidiary of Digital Currency Group, will pay $21 million to the SEC, as revealed in a recent...

In the wake of the U.S. Securities and Exchange Commission's (SEC) directive to Coinbase (NASDAQ: COIN) to halt trading on all cryptocurrencies except Bitcoin (CRYPTO: BTC), industry experts argue that these actions could violate the financial watchdog's mission of protecting investors...

The U.S. Securities and Exchange Commission (SEC) attempted to strike Coinbase's (NASDAQ: COIN) defenses in a civil case. Coinbase's attorneys responded, claiming the SEC's proposed motion do not meet the standard for granting such a motion. See below: We have responded to the SEC...

In a recent development within the EOS Network (CRYPTO: EOS) community, its founder Yves La Rose urged community members to explore the possibility of initiating legal proceedings against Block.one (B1), a key investor in the network. According to La Rose, B1 has not fulfilled its...