[ad_2][ad_1] On Friday, the Northern District of California upheld YouTube defendant’s motion to dismiss a lawsuit filed by Ripple Labs, a “corporate blockchain company,” and its CEO Bradley Garlinghouse. The complaint concerned alleged trademark infringement, misappropriation of identity and publicity rights and unfair competition law claims against YouTube and was …
Read More »Ripple was forced to rebrand the PayID brand after a copyright infringement lawsuit
[ad_2][ad_1] Ripple Labs Inc., issuer of the cryptocurrency XRP, has filed a new brand called “Paystring” with the US Patent and Trademark Office (USPTO). The trademark was filed on November 6 and accepted on Friday, according to the USPTO website. Although Ripple has not specified what type of business will …
Read More »CFTC wins $ 900K lawsuit against digital currency’s Ponzi scheme
[ad_2][ad_1] A federal court has ruled against a cryptocurrency Ponzi scheme and its founder in a lawsuit filed by the Commodity Futures Trading Commission (CFTC). The scheme, known as Venture Capital Investments LLC (VCI), will have to pay $ 900,000 in restitution and penalties. The CFTC announced in a press …
Read More »Ripple says the XRP lawsuit fails to show the fraud committed by the CEO
[ad_2][ad_1] Ripple and CEO Brad Garlinghouse say an ongoing lawsuit fails to prove how Garlinghouse committed fraud when allegedly sold millions of dollars worth of XRP in 2017. Attorneys representing the San Francisco-based blockchain company said in a court motion Monday that lead actor Bradley Sostack did not prove a …
Read More »Poloniex, Bittrex named in lawsuit involving alleged Tether-powered crypto pump
[ad_2][ad_1] On April 3, the cryptocurrency community learned of 11 class action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuit is also involved in a collective action against Tether and Bitfinex for alleged manipulation of the bitcoin price. On June 4, plaintiffs and …
Read More »Mystery company files new lawsuit for $ 1.1 billion XRP sale of Ripple
[ad_2][ad_1] A little-known Puerto Rico-based company has pursued Ripple in court, accusing the blockchain company of carrying out an unregistered security sale of the cryptocurrency XRP. The company, Bitcoin Manipulation Abatement (BMA), filed a lawsuit on Friday in San Francisco, claiming that both Ripple and its CEO, Brad Garlinghouse, had …
Read More »The modified lawsuit against Ripple now offers a theory that XRP may not be a guarantee
[ad_2][ad_1] A modified claim against Ripple was filed by XRP investors in a long-standing lawsuit involving allegations of violation of US securities law. The two-year class action – which claims that Ripple, a blockchain payment infrastructure company, violated the rules on securities with its sales and marketing of the cryptocurrency …
Read More »Silver Miller files a lawsuit against the creator of the alleged Crypto Ponzi scheme
[ad_1] The United States cryptate law firm Silver Miller filed a lawsuit against an alleged crypt hedge fund manager who would have operated a fake Ponzi regime. The court documents were published on the Silver Miller website on December 26th. The case – which was filed with the New York …
Read More »Nvidia Faces Class Action Lawsuit for losses after decreasing GPU demand
[ad_2][ad_1] The manufacturer of graphics processing units (GPUs) Nvidia is facing a collective legal action on losses reported by the company when the lower prices of the encryption have reduced the demand for GPU from miners. The law firm Schall announced the lawsuit on December 24th. The complaint states that …
Read More »Korean court acquires Crypto Exchange Bithumb after the investor has filed a lawsuit in the amount of $ 355K Hack
[ad_2][ad_1] South Korean krypton exchange Bithumb won a lawsuit in which an investor had sued the company for his loss of approximately $ 355,000 in an alleged hack. The local financial newspaper The Korea Economic Daily reported on December 24th. According to the report, the investor – 30-year-old civil registry …
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