There’s been plenty of drama on the crypto markets this week — Bitcoin surged to $12,000 only to crash spectacularly, and Ether has continued to rally. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, […]
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Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false. The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they made overstating the utility of the […]
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New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court. A New York State appeals court affirmed on July 9 that the state attorney general’s fraud investigation into iFinex et al. — i.e., iFinex, Bitfinex and Tether Holdings — could continue. Whether that probe will […]
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Bitcoin giveaway scammers are getting away with Bitcoin. Over the years, it has become a known fact for anyone dealing with cryptocurrencies that scams are running rampant. However, as more novice players enter the market, more scammers up their tactics to take advantage of unsuspecting Bitcoin enthusiasts with fake Bitcoin giveaways and other elaborate schemes. […]
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Apple co-founder Steve Wozniak has joined the legal fray in suing YouTube over fake crypto giveaways using his image. Lawyers for Steve Wozniak and 17 other people adversely affected by fake Bitcoin giveaway scams on YouTube have sued the platform and parent company Google for not acting quickly to ban such content. According to a […]
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Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions. Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response […]
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The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question […]
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Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. A new class action lawsuit complaint against fintech startup Plaid has been filed with more plaintiffs alleging the company violated the data privacy of users. The new complaint filed on behalf of four new plaintiffs alleged that Plaid—which was […]
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Canadian blockchain upstart BlockCrushr alleges that ConsenSys stole proprietary technology after it participated in ConsenSys’ Tachyon accelerator program. Canada-based fintech firm BlockCrushr has filed a lawsuit in New York accusing blockchain tech company ConsenSys of stealing trade secrets. BlockCrushr claims that ConsenSys launched an Ether (ETH)-based recurring payments platform called ‘Daisy Payments’ one day before […]
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A class-action lawsuit seeks to prevent e-scooter firm Helbiz from destroying the smart contract underpinning its ERC-20 token. Helbiz Inc is facing a class-action lawsuit from investors for its plan to destroy the smart contract underpinning its ERC-20 token, HelbizCoin (HBZ). The electric scooter company initially claimed to have raised almost $40 million dollars for […]
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