Strategy Bitcoin Lawsuit Dismissed After Investors Drop Case
A proposed class-action lawsuit against Strategy, formerly known as MicroStrategy, has been voluntarily dismissed after investors withdrew their claims, bringing a significant legal victory for the world’s largest publicly traded Bitcoin holder. The lawsuit, filed in May 2025 in the U.S. District Court for the Eastern District of Virginia, accused Strategy’s leadership of misleading investors […]
Genius Group Eyes Major Bitcoin Buys from Billion-Dollar Lawsuits
Genius Group, a Singapore-based edtech and blockchain-focused company, has announced plans to make substantial Bitcoin purchases if it secures funds from ongoing billion-dollar lawsuits. The company has set a bold strategy to split any net proceeds from these legal battles equally between Bitcoin acquisitions and shareholder dividends. At the heart of Genius Group’s plan are […]
US Court Grants SEC’s Request Amid Case Dismissal in Binance Lawsuit
A district court has granted the U.S. Securities and Exchange Commission’s (SEC) petition to file an omnibus brief in response to the lawsuit dismissal in the Binance lawsuit. Binance, Changpeng Zhao, and Binance US submitted the motion in response to their petitions to dismiss the amended complaint. The court’s decision regarding the complaint’s dismissal is […]
Crypto Wins as US SEC Loses ‘Dealer’ Lawsuit
Judge Reed O’Connor ruled that no U.S. law supports the SEC’s broad use of the term “dealer” to classify crypto companies under securities regulations. Crypto litigants in the state of Texas have dealt the Securities and Exchange Commission (SEC) of the United States yet another significant setback. Judge Reed O’Connor of the United States District […]
Coin Center Lawyers Say Tornado Cash is Not Property
Coin Center is appealing a previous ruling by the United States district court for Northern Florida, which determined that Tornado Cash generates indirect advantages for foreign entities and individuals that qualify as a financial interest subject to sanctions from the Office of Foreign Assets Control (OFAC). Jeffrey S. Hetzel, the legal counsel for Coin Center, […]