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Tag Archives: Class

Class Action Lawsuit Against Ripple Alleges Sale Of Unregistered Securities

Law firm Taylor-Copeland law has filed a class action suit against Ripple Labs for the sale of unregistered securities, according to the official complaint filed yesterday, May 3. The lawsuit targets Ripple, its subsidiary XRP II, and Ripple CEO Brad Garlinghouse, alleging that Ripple’s sale of XRP tokens is a violation of U.S. securities laws. According to the complaint, the ...

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Nano Team Target of Cryptocurrency Class Action Lawsuit

A class action lawsuit has been filed against Nano and key members of its core team for allegedly violating federal securities law. In February 2018, the Italian cryptocurrency exchange BitGrail lost $170 million worth of the Nano currency “XRB” due to a “hack” which has now led to a class action lawsuit represented by the Silver Miller law firm. The ...

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Class Action Complaint Lodged Against Nano Developers

Join our community of 10 000 traders on Hacked.com for just $39 per month. The lead plaintiff, who is also suing Texas-based Nano the company, wants the developers to create a “rescue fork” to recover funds that were lost in a hack. The lawsuit seeks damages and equitable relief from the USD 170 million in Nano’s XRB token that was ...

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Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director

Join our community of 10 000 traders on Hacked.com for just $39 per month. Less than three months have passed since the first Bitcoin futures contracts exchanges hands on a regulated US exchange, but one industry veteran says that his clients are already clamoring for more cryptocurrency derivatives. Bitcoin Futures the Beginning of a New Derivatives Class: Wedbush Securities Director ...

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Another Class Action Suit in Coincheck hack aftermath

Coincheck is in the news again as another class action suit has been brought against the Japanese cryptocurrency exchange in the aftermath of the January NEM heist. Another Class Action Suit According to the Japanese media outlet Sankei an additional 132 investors have joined a class action suit to try and get full reimbursement of their stolen digital assets. The ...

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Ambisafe Creates Industry Standard Token Class for ETH Token Securities – The Merkle

Token Sales, ICOs, Token Generation Event, and contributing a cryptocurrency in exchange for another one at a later date, has received a lot of heat from regulatory groups internationally. Disclosure: This is a Sponsored Article The United States and USA and South Korean residents have typically being excluded from these kinds of events due to the strict restrictions regarding cryptocurrencies ...

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Tron and BitGuild Aim to Build a New Class of Video Game Assets

The correlation between blockchain technology and video games is becoming more apparent.  Tron and BitGuild are now bringing in-game item ownership to distributed ledgers. This is a major development for the video gaming industry as a whole. Revamping In-Game Ownership Anyone who plays video games will know how “owning” virtual items is a double-edged sword  While it is possible to ...

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US: Wyoming Set Precedent By Creating New Asset Class… | News

The US state of Wyoming has now created a new class of assets in defining cryptocurrency as “Utility Tokens”, reports Forbes March 13. As previously reported by Cointelegraph, the Wyoming state legislature passed House Bill 70 on March 6, which effectively exempts crypto from state securities regulations. The bill was signed into law by Governor Matt Mead March 8. The ...

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Coinbase User Files Class Action Against Company, Clai… | News

Coinbase, a major US-based cryptocurrency exchange and wallet platform, faces a class action lawsuit claiming that its employees and other insiders benefited from trading on non-public information that the exchange planned to introduce Bitcoin Cash (BCH) support last December, The Recorder Law reported on Friday, March 2. The complaint was filed by Coinbase user and Arizona citizen Jeffrey Berk, represented ...

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