Tag Archives: lawsuit

Dogecoin Drama Ends: Investors Drop Elon Musk Lawsuit Appeal

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A lawsuit claiming that Tesla’s Elon Musk rigged Dogecoin to benefit his company has ended. According to reports, investors who initially claimed that Musk manipulated Dogecoin’s price have withdrawn their complaint. Also, the group is withdrawing its bid to sanction Musk’s lawyers for supposedly interfering with the appeal, including canceling a request to cover their… Continue reading Dogecoin Drama Ends: Investors Drop Elon Musk Lawsuit Appeal→

XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope

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With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving the price drop. Investors are left wondering about XRP’s future as the legal question… Continue reading XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope→

Celsius Takes Legal Action Against Tether In $2.4 Bitcoin Collateral Controversy

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Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their agreement by unjustifiably liquidating 39,542.42 Bitcoins that were held as collateral for a loan issued in USDT. Celsius contends that… Continue reading Celsius Takes Legal Action Against Tether In $2.4 Bitcoin Collateral Controversy→

SEC Serves Fresh Lawsuit To Metamask Developer Consensys – What’s The Problem This Time?

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The US Securities and Exchange Commission (SEC) has instituted a lawsuit against Metamask developer, Consensys. The Commission alleges that the crypto firm violated securities laws by acting as an unregistered securities broker. SEC Accuses Consensys Of Violating Securities Laws Using Metamask According to the court document, the SEC claims that Consensys has acted “as an… Continue reading SEC Serves Fresh Lawsuit To Metamask Developer Consensys – What’s The Problem This Time?→