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Tag: Lawsuit

Ripple Clarifies XRP Is Not a Security After New Court Ruling

June 21, 2024 wp-bot Bitcoin News

Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District

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US Supreme Court to Hear Nvidia’s Bid to Dismiss Crypto-Related Lawsuit

June 17, 2024 wp-bot Bitcoin News

The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales

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SEC shoots down Ripple’s argument for a lower penalty

June 17, 2024 wp-bot Cointelegraph

The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.

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Tesla investors sue Elon Musk for diverting resources, talent to xAI

June 14, 2024 wp-bot Cointelegraph

Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.”

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Elon Musk drops lawsuit against OpenAI CEO Sam Altman

June 12, 2024 wp-bot Cointelegraph

Musk’s decision came one day before a federal judge was set to decide whether to dismiss the case or allow it to proceed to the

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FTX Loaned Millions to Australian Influencer to Ward Off Potential Litigation, Bankruptcy Report Reveals

June 9, 2024 wp-bot Bitcoin News

According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than $13 million. This loan was intended to

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