Man who minted 14M ICX tokens as a result of a bug can file lawsuit to keep them
A defect in an upgrade to the ICON blockchain that occurred in 2020 allowed a user to manufacture millions of ICX tokens on a regular basis. According to a California federal judge, a cryptocurrency enthusiast who took advantage of a defect in the ICON network to mint a substantial amount of the network’s native ICX […]
Ripple-SEC lawsuit requires Binance’s documents
The Ripple Labs and the United States SEC lawsuit now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse. Garlinghouse has sought the Southern District Court of New York to receive papers from Binance Holdings Limited that are “relevant to the current issue and not otherwise available.” The […]
Coinbase and its top executives face securities class-action lawsuit
A Coinbase shareholder launched a class-action against the company. Alongside Coinbase itself, the class action names the CEO, and other top executives as defendants. A Coinbase shareholder has launched a securities class-action lawsuit against the firm for allegedly deceiving investors about the company’s financial state and resiliency as a crypto trading platform prior to its […]