SEC charges 11 individuals over $300M crypto ‘pyramid scheme’
SEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme”
Binance CEO sues Bloomberg subsidiary alleging defamation
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.”
Twitter lawyers up to force through Musk deal. Will it work?
It’s unclear whether the potential lawsuit will eventually see Musk purchasing the platform at the previously agreed price, at a new price, or not at all.
Class action lawsuit claims Solana’s SOL is an unregistered security
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt.
Crypto bank Custodia sues the Fed over 19 month delay on account approval
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days.
XRP price rebounds after worst month since June 2021 — major recovery ahead?
The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022.
