Qoin token faces $100M class-action lawsuit more than pyramid marketing and fraud
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Qoin token faces $100M class-action lawsuit more than pyramid marketing and fraud

Home » Business » Qoin token faces $100M class-action lawsuit over pyramid selling and fraud An Australian law firm has revealed plans to file a $100 million class-action lawsuit against a digital currency it claims has conspired to frustrate users who attempt to sell it. The law firm says the people behind the Qoin token…

Link Global faces main penalties from Alberta Utilities Commission
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Link Global faces main penalties from Alberta Utilities Commission

Home » Tech » Link Global faces major penalties from Alberta Utilities Commission Link Global Technologies, a Canadian block reward mining company listed on the Canadian Securities Exchange (CSE: LNK), is currently facing significant potential penalties for operating unauthorized power plants in the Canadian province of Alberta. On Sep. 24, the province’s power utility regulator,…

Banker Faces 10-calendar year Jail Expression after Borrowing Profit Mothers Name to get Crypto
Banker faces

Banker Faces 10-calendar year Jail Expression after Borrowing Profit Mothers Name to get Crypto

Source: Adobe/SerhiiA banker in South Korea “illegally borrowed billions of Korean won” in the name of a relative – in order to invest in crypto, and prosecutors want to put them behind bars for a decade in order to set an example.Per Newsis, the 40-year-old banker, referred to by the press as “A” for legal…

Coinbase Lend Faces Backlash With The SEC
Coinbase faces

Coinbase Lend Faces Backlash With The SEC

Bitcoin exchange Coinbase’s new Lend program is facing strong opposition from the U.S. Securities and Exchange Commission (SEC), which called the product a securities offering. Coinbase Chief Legal Officer Paul Grewal published a blog post today saying that the SEC will sue the company if it launches Lend, claiming the regulatory agency lacks clarity. The…

Coinbase faces a course actions lawsuit
Coinbase faces

Coinbase faces a course actions lawsuit

You have until September 20, 2021, to join the class action lawsuit against Coinbase. The lawsuit is being filed by Portnoy Law Firm and claims that Coinbase’s registration statement and the prospectus it filed to go public were misleading and resulted in significant damages to $COIN investors. “It is alleged in this complaint that the…

BlockFi faces regulatory warmth, an indicator of possible crypto financing regulations?
BlockFi faces

BlockFi faces regulatory warmth, an indicator of possible crypto financing regulations?

The crypto lending giant BlockFi is facing regulatory scrutiny from a handful of states in America ahead of a proposed public listing.

New Orleans man faces 5 years inside prison more than unlicensed BTC business
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New Orleans man faces 5 years inside prison more than unlicensed BTC business

Home » Business » New Orleans man faces 5 years in prison over unlicensed BTC business A U.S. man faces five years behind bars, along with a $250,000 fine, if he’s convicted on charges of selling BTC and ETH to his customers without registering his business. Michael Yusko allegedly sold the digital currencies through his…

Fireblocks faces lawsuit more than deleted keys to $72M Ether wallet
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Fireblocks faces lawsuit more than deleted keys to $72M Ether wallet

The crypto-custody firm claims that it was the client’s responsibility to back up the private keys.

Ethereum faces largest ever choices expiry as bears may actually dominate
Ethereum faces

Ethereum faces largest ever choices expiry as bears may actually dominate

A record number of Ether options is set to expire on June 25 as ETH looks to BTC to reverse its price momentum.

Telegram faces new lawsuit over failed TON project
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Telegram faces new lawsuit over failed TON project

A Russian private equity firm has taken Telegram to court over its failed TON project. Da Vinci Capital filed the lawsuit against the instant messaging company, claiming to have lost over $70 million in the project. According to reports in Russia, the firm has been trying to settle the issue out of court for the…