Lawsuits

Steve Wozniak Sues YouTube Over Bitcoin Scams

  • Woz accuses YouTube of using his name and likeness to profit from bitcoin scams.
  • He filed a complaint, claiming that the company has violated his right of publicity and aided fraudulent activities on the platform.

Bitfinex Appeal Over $850M In Lost Funds Rejected

  • Bitfinex's appeal claimed that the firm was not under the jurisdiction of New York.
  • The court pointed out in its rejection that the New York AG was looking for documents dating back to 2015, and that Bitfinex was serving New York customers until 2017.

Singapore Man Found Guilty Of Promoting OneCoin

  • The 52-year old man has been fined $72,000.
  • Using a referral program similar to pyramid schemes, the man and his team were able to sign up 1,180 people from Singapore and other countries.

Telegram To Pay $18.5 Million In Civil Penalty

  • Signed by a judge on Friday, the final judgement requires Telegram to pay back $1.2 billion to investors.
  • The firm will have 30 days to pay $18.5 million in penalties, and is also required to notify the SEC if it plans to issue another digital asset in the next 3 years.

Judge Denies Motion For Sanctions Against Craig Wright, Accepts Autism Defense

  • Now that the motion to impose sanctions on Craig Wright has been denied, the case is clear to go to jury trial.
  • The judge will also allow Wright to summon a clinical psychologist as an expert witness.

Investors In Alleged $17M Crypto Scam To File Lawsuit Against CEO

  • Willie Breedt has allegedly stolen $17 million from 2,000 investors.
  • Breedt is already under investigation from South Africa’s Directorate for Priority Crime Investigation for falsifying proof of payment documents.

Telegram’s Court Battle With SEC Officially Over

  • The firm has now dropped its appeal against the U.S. federal court’s injunction, which forbade the distribution of its Gram tokens.
  • Though Telegram has thrown in the towel, the TON blockchain dream is not over, with the "Free TON" community's launch of their own version of the project.

Craig’s Lies Continue: Kleiman Alleges Wright Possesses Key To Encrypted BTC File

  • The plaintiff's legal team points to the movement of $1.6 million in BTC from addresses contained in Craig Wright's list.
  • A Redditor, who studies all lists in great detail, explains that all three lists have recently been active.

Block.​One Facing Class Action Lawsuit Over EOS ICO, Again

  • The new class action complaint accuses the firm of taking $200 million from U.S. investors during its ICO.
  • The development comes only months after the firm paid $24 million to the SEC, after an investigation into the ICO.

17,000 Users Have Filed Claims For Reimbursement From QuadrigaCX

  • The Canada Revenue Agency has to file a tax claim against Quadriga before any funds can be distributed to former users of the exchange.
  • Affected users filed claims for funds in most of the major cryptocurrencies.