| Time | Details |
|---|---|
| 2024-08-07 20:30 |
Ripple Wins Major Legal Battle Against SEC
According to CryptoMichNL, Ripple has achieved a significant legal victory as the lawsuit involving XRP has been settled. The SEC initially demanded over a billion dollars in fines, but Ripple will only need to pay $125 million. This outcome is seen as a major win for Ripple and the broader cryptocurrency market. (Source) |
| 2024-08-10 17:42 |
Tether Challenges Celsius Network's $2.4B Lawsuit Over 2022 Loan Deal
According to BTC Times, Tether is contesting a $2.4 billion lawsuit filed by Celsius Network. Tether asserts that it acted properly in a 2022 loan deal, following Celsius Network's instructions during a period when Bitcoin's value dropped significantly. (Source) |
| 2024-08-10 17:32 |
Tether Expected to Overcome Celsius Lawsuit
According to @Excellion, Paolo Ardoino and Tether are expected to successfully defend against a lawsuit filed by Celsius. The tweet suggests that the lawsuit is frivolous and criticizes Celsius for its past actions, including suing its own customers to recover funds after its collapse. (Source) |
| 2024-08-22 12:57 |
ZachXBT Criticizes Delayed Legal Action Against Binance
According to ZachXBT, an individual sued Binance for a theft that occurred in 2021 but did not contact Binance or law enforcement until 2024, after ZachXBT provided them with the necessary information. He criticizes this approach, implying it was not the correct way to handle the situation. (Source) |
| 2024-12-13 17:52 |
Coinbase Faces $1 Billion Lawsuit Over Bitcoin Wrapping Controversy
According to Mario Nawfal, Coinbase is facing a $1 billion lawsuit related to its handling of wrapped Bitcoin (wBTC). The controversy arose after Coinbase delisted wBTC, a well-known wrapped Bitcoin token, and simultaneously launched its own version, cbBTC. This legal action highlights the competitive and contentious nature of the cryptocurrency market, particularly in the area of wrapped tokens. (Source) |