Court Cases | ForkLog

ForkLog 60 26.02.2025

SEC Concludes Investigation into Uniswap Labs

The team at Uniswap Labs has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company. The regulator does not plan to file any charges. In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and issued an unregistered […]

AI translated

ForkLog 93 24.02.2025

SEC Drops Investigation into Robinhood’s Crypto Division

The U.S. Securities and Exchange Commission (SEC) has ended its investigation into the crypto division of the online broker Robinhood. According to a press release, the regulator’s enforcement division informed the company of the conclusion of the review with no intention to press charges. In May 2024, the SEC warned the company of potential violations […]

AI translated

ForkLog 71 21.02.2025

SEC Commissioners to Vote on Dismissing Case Against Coinbase

Staff at the SEC have agreed to drop the lawsuit against Coinbase, pending approval from the agency’s commissioners. This was announced by the co-founder and CEO of the exchange, Brian Armstrong. SEC staff have agreed to dismiss their case against us (pending Commission approval).But this isn’t the end.It’s the beginning.And if there were ever a […]

AI translated

ForkLog 30 21.02.2025

SafeMoon CTO Admits Guilt in $200 Million Crypto Fraud

Thomas Smith, the Chief Technology Officer of the DeFi project SafeMoon, has admitted guilt on two counts in a $200 million cryptocurrency fraud case. This was reported by Cointelegraph, citing a court statement from February 20. Smith changed his previous testimony and pleaded guilty to conspiracy to commit securities fraud and wire fraud. Each charge […]

AI translated

ForkLog 19 20.02.2025

SEC Eases Stance on Cryptocurrency and DeFi Regulation

On February 19, the SEC filed a motion to withdraw its appeal against a ruling that limits the application of securities laws to cryptocurrency users and DeFi services. 1/ Today marks a complete victory for us – and the broader industry – in our lawsuit against the SEC over the dealer rule. The SEC voluntarily […]

AI translated

ForkLog 21 19.02.2025

Nigeria Files $81.5 Billion Lawsuit Against Binance

The Nigerian authorities have initiated a lawsuit against the cryptocurrency exchange Binance, seeking compensation totaling $81.5 billion. This was reported by Reuters, citing court documents. The claim includes $79.5 billion for alleged economic damages and $2 billion for unpaid taxes over two years. According to the Federal Inland Revenue Service of Nigeria (FIRS), Binance has […]

AI translated

ForkLog 21 19.02.2025

Coinbase Faces Allegations of Concealing Bankruptcy Risks

Coinbase shareholder Wenduo Guo has filed a lawsuit against the exchange and its executives, accusing them of concealing bankruptcy risks. This was reported by Cointelegraph, citing the lawsuit dated February 18. According to the case materials, Coinbase failed to inform clients that their funds could become part of the bankruptcy estate if the company went […]

AI translated

ForkLog 81 14.02.2025

HashFlare Founders Admit Guilt in $577 Million Crypto Pyramid Scheme

The founders of the cloud mining service HashFlare, Sergei Potapenko and Ivan Turõgin, have admitted to orchestrating a cryptocurrency pyramid scheme. U.S. authorities will confiscate assets from them valued at over $400 million. Two Estonian Nationals plead guilty in $577M cryptocurrency fraud scheme — Scheme victimized hundreds of thousands of people in the U.S. and […]

AI translated

ForkLog 25 11.02.2025

Binance and SEC Seek Court Approval to Pause Proceedings

The largest cryptocurrency exchange, Binance, and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to pause legal proceedings for 60 days. This comes amid the formation of a special task force on digital currencies within the agency and the prospect of legislative reforms. This was reported by Reuters. According to the […]

AI translated

ForkLog 36 11.02.2025

British Man Seeks to Buy Landfill in Quest to Recover 7500 BTC

The UK authorities plan to close and seal a landfill in Newport, where a hard drive containing 7500 BTC (approximately $738 million at current prices) was discarded in 2013. The device’s owner, James Howells, intends to purchase part of the site to continue his search, reports BBC. According to a statement from the municipal government, […]

AI translated

ForkLog 53 06.02.2025

Pavel Durov’s Case Unlikely to Reach French Courts Before 2026

The case against Telegram founder Pavel Durov in France will not be brought to court for at least a year or more, according to Wired, citing local prosecutors. According to the agency’s spokesperson, Maïlys de Rêke, it is too early to discuss any settlement between the authorities and the businessman. The messaging app attracted law […]

AI translated

ForkLog 51 31.01.2025

Lawsuit Filed Against Meme Token Factory Pump.fun

Investor Diego Aguilar has filed a class-action lawsuit against the operator of the Solana-based meme coin launch platform Pump.fun, Baton Corporation. The plaintiff also named the firm’s founders, Alon Cohen, Dylan Kerler, and Noah Tweedale, as defendants. Aguilar accused the project of selling unregistered securities in the form of tokens. Other allegations include facilitating Ponzi […]

AI translated

#Court Cases