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“#Google is facing a $5B lawsuit over data tracking in Chrome’s incognito mode” A federal judge in California told Google on Friday that the company must face a lawsuit over tracking users’ activities in Chrome‘s incognito mode. According to a report from Bloomberg, the big G had appealed to the court to throw out the…
“# Ripple’s executive chairman moves to dismiss SEC lawsuit ” Chris Larsen — Ripple’s executive chairman — has joined company CEO Brad Garlinghouse in moving to dismiss the securities violation case filed by the U.S. Securities and Exchange Commission. In a court letter filed on Wednesday, Larsen’s attorneys provided four arguments detailing the reasons why…
“# Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years ” A three-year-old lawsuit accusing Nvidia of “misrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the…
“# Report: TON investor demands $100M compensation from Durov ” Da Vinci Capital, a major investor in Telegram’s $1.7 billion initial coin offering, has reportedly requested compensation for the failed launch of the Telegram Open Network, or TON. Investors at Da Vinci Capital reportedly sent a letter before claim to Telegram CEO Pavel Durov, stating…
“# Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan ” The trustee of hacked, now-defunct cryptocurrency exchange Mt. Gox has posted another update on the long-running process of refunding the exchange clients. Nobuaki Kobayashi, a Tokyo attorney appointed to act as civil rehabilitation trustee to manage Mt. Gox’s bankruptcy estate funds,…
“# US judge dismisses crypto fraud case against BNT token issuer ” A federal district court in the United States has dismissed a securities fraud class action against Israel-based cryptocurrency firm Bancor. U.S. district judge Alvin Hellerstein ruled on Monday to dismiss a case against Bancor, stating that plaintiffs had failed to allege losses as…
“# New antitrust legislation aims to put an end to tech monopolies in the US ” The Senate sees new legislation aiming to update antitrust laws for new technologies. Senator and former candidate for the Democratic presidential nomination Amy Klobuchar is introducing the Competition and Antitrust Law Enforcement Reform Act today, Cointelegraph has learned. Sen….
“# New class action against Robinhood alleges oligopoly manipulation ” Robinhood, the stock trading app formerly popular with millennials, is facing another class-action suit, following its recent temporary suspension of purchases of GameStop and other “meme-stocks” through its platform. The lawsuit, filed Jan. 29 in Houston, Texas, alleges that Robinhood, along with other named defendants…
“# Florida class action lawsuit alleges Ripple violated securities laws ” Ripple Labs, a company behind the Ripple payment protocol and XRP-based products, is facing another lawsuit alleging the firm violated securities laws in the United States. According to a Jan. 25 court filing, Florida-based XRP investor Tyler Toomey has filed a civil suit against…
“# Russian court order removes Binance website from regulator’s blacklist ” The website of the world’s largest cryptocurrency exchange, Binance, is no longer formally blacklisted in Russia, according to a new court ruling. According to a Jan. 21 report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist…