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” Robinhood to face class action lawsuit from meme stock debacle: Report “ Cryptocurrency and stock trading platform Robinhood will allegedly face allegations of market manipulation as part of a class-action lawsuit brought by investors in “meme stocks” from nine different companies during a January 2021 rally. According to a Thursday report from Reuters, United…
” dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash “ Cryptocurrency derivatives trading platform dYdX said it blocked some users’ accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer. In a Wednesday blog post, dYdX said it had “unbanned certain accounts” that…
” Mark Cuban faces class action lawsuit for promoting Voyager crypto products “ Mark Cuban, the billionaire entrepreneur who has been quite active in the crypto ecosystem for the past year, is facing a class-action lawsuit over his promotions of the bankrupt crypto brokerage firm Voyager Digital. The Moskowitz Law Firm filed a civil suit…
” New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash “ New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower. In a Monday notice, James called…
“We may never know who won the $1.3B Mega Millions jackpot” There’s a chance the identity of the winner of the $1.337 billion Mega Millions jackpot will never be known — thanks to an Illinois law allowing people who score more than $250,000 to keep their names secret. The winning ticket to the mind-boggling fortune…
” Uncertainty around French laws prompted F1 racers to remove crypto branding: Report “ Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations. According to a Tuesday report from RacingNews365, Crypto.com’s logos were not on display during the French Grand…
” Bill addressing stablecoins risks in US likely delayed until September: Report “ Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins. According to a Monday report from the Wall Street Journal, people familiar with the matter said House members…
” Yuga Labs ‘inappropriately induced’ BAYC investors: Class action “ A proposed class-action lawsuit alleges that Yuga Labs “inappropriately induced” the community to buy Bored Ape Yacht Club non-fungible tokens (NFTs) and the project’s affiliated ApeCoin (APE) token. The proposed class-action driven by law firm Scott+Scott was published on July 21, claiming that Yuga Labs…
” South Korean authorities raid 15 entities linked to Terra collapse: Report “ Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including seven crypto exchanges. According to a Wednesday report from News1 Korea, the Joint Financial and Securities Crime Investigation Team of the…
” Demand for widely used euro stablecoin is huge, says DeFi expert “ The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55 billion. Some reports estimate that the total market cap of dollar-backed stablecoins…