Libra’s ‘Misleading Launch’ Faces Class-Action Lawsuit

March 19, 2025 Bitcoin.com

bitcoin.com

The class action lawsuit, filed by Burwick Law before the Supreme Court of New York, alleges that Kelsier Ventures, KIP Protocol, Meteora, and other related parties orchestrated an unfair token launch, misleading purchasers and harming Libra’s retail investors. Burwick Law Introduces Class Action Lawsuit Against Libra Token Co-Founders La Libertad Avanza, better known as the […]

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‘It’s Over’ – XRP Rallies As SEC Ends Its Lawsuit Against Ripple According to CEO Brad Garlinghouse

March 19, 2025 The Daily Hodl

Altcoins

The U.S. Securities and Exchange Commission (SEC) is officially dropping its lawsuit against Ripple Labs, according to CEO Brad Garlinghouse. In a new video update on the social media platform X, Brad Garlinghouse says that the regulatory agency is dropping its appeal in its lawsuit against the firm, which it originally filed in December 2020 […]

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Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

SEC to Dismiss Metamask Lawsuit as Leadership Shifts, Consensys CEO Says

February 27, 2025 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement lawsuit against Consensys’ Metamask wallet, CEO Joe Lubin announced Feb. 27, 2025, citing a regulatory pivot under new leadership pending commissioner approval. Subject to the Approval of the Commission, SEC Dismisses Metamask Lawsuit The SEC sued Consensys last year, alleging Metamask operated as […]

Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Judge Refuses To Dismiss Coinbase Class Action Lawsuit, Says Exchange Must Face Complaint in New York: Report

February 9, 2025 The Daily Hodl

coinbase

A federal judge is reportedly ruling that top US-based crypto exchange Coinbase must face a class action lawsuit in New York. According to a new report from Reuters, Paul Engelmayer, a judge for the Southern District of New York, is rejecting Coinbase’s argument that it did not qualify as a “statutory seller” to dismiss a […]

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Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Meme Coin Platform Pump.fun Under Fire for Hosting Alleged Impersonation Tokens

February 6, 2025 Bitcoin.com

bitcoin.com

Burwick Law and Wolf Popper LLP have issued a cease-and-desist letter to Pump.fun, demanding the immediate removal of certain tokens deployed on the Solana-based platform that allegedly misuse their intellectual property (IP) and likenesses of their employees. Law Firms Demand Pump.fun Remove Tokens Impersonating Their Brand The law firms cited one specific token as a […]

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Capital One Sued by US Government, Accused of Cheating Millions of Customers out of $2,000,000,000 in Interest

January 25, 2025 The Daily Hodl

Capital One Sued by US Government, Accused of Cheating Millions of Customers out of ,000,000,000 in Interest

billion

The Consumer Financial Protection Bureau (CFPB) is filing a lawsuit against the ninth-largest bank in the US for allegedly misleading and cheating customers out of billions of dollars in interest. The CFPB alleges Capital One misled consumers into believing that its product known as “360 Savings” was offering the best and the highest interest rates […]

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Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Law firm says it’s pursuing potential legal action against Pump.fun

January 16, 2025 Coin Telegraph

Burwick Law

Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick’s client base may be in the millions.

A US crypto law firm says it is looking to launch legal action on behalf of investors who have suffered losses due to the Solana memecoin launchpad Pump.fun.

“Today, Burwick Law is announcing publicly that we are pursuing legal action on behalf of investors in pumpdotfun memecoins,” said Burwick Law in a Jan. 15 post on X.

Burwick said the move followed “months” of working with everyday people who lost “significant amounts of money” to memecoins, rug pulls, and unfulfilled promises on platforms like Pump.fun.

Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Binance to face class action after US Supreme Court denies petition for review

January 14, 2025 Coin Telegraph

Binance

The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.

The US Supreme Court has declined to hear an appeal from crypto exchange Binance and its founder, Changpeng “CZ” Zhao, regarding a class-action lawsuit by investors who alleged the exchange illegally sold unregistered tokens that lost significant value.

On Jan. 13, the Supreme Court of the United States denied a petition to review a lower court ruling that US securities laws applied to the crypto exchange, even though it doesn’t have a physical headquarters in America.

In March, a lower court ruled the case could proceed because token purchases were finalized in the US and transactions took place on US servers, despite Binance not being an American company.

Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking

December 30, 2024 The Daily Hodl

Blockchain Association

A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a new press release, the Blockchain Association says the “midnight” decision by the Internal Revenue Service (IRS) and the Treasury Department to force DeFi protocols to follow the same reporting rules as securities brokers […]

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Latam Insights: Libra’s Class Action Lawsuit, Brazil’s Bitcoin Wages Bill

Crypto Industry Strikes Back: Lawsuit Challenges ‘Unconstitutional’ IRS Regulations

December 29, 2024 Bitcoin.com

bitcoin.com

The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition asserts that these rules are unconstitutional and represent regulatory overreach by these agencies. Crypto Coalition Files Lawsuit to Push Against IRS […]

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