#alleging

1:17am, 9th August, 2023

FTX’s former law firm hit with lawsuit alleging it set up ‘shadowy entities’

The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.

SEC freezes assets of DEBT Box, alleging $50M node license 'sham'

12:03am, 4th August, 2023

Crypto Wiki

SEC freezes assets of DEBT Box, alleging $50M node license 'sham'

Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its "node licenses."

OpenAI faces Canadian privacy probe alleging personal info harvesting

12:56am, 6th April, 2023

Crypto Wiki

OpenAI faces Canadian privacy probe alleging personal info harvesting

Canada's Head Privacy Commissioner is investigating the AI firm and watchdogs in Germany, France, Ireland and Spain could be mulling similar action.

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report

1:52pm, 13th March, 2023

Crypto Wiki

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report

The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck.

Judge dismisses proposed class action suit alleging Coinbase securities sales

5:03pm, 1st February, 2023

Crypto Wiki

Judge dismisses proposed class action suit alleging Coinbase securities sales

The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts.

NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ 'dire financial condition'

10:56am, 5th January, 2023

Crypto Wiki

NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ 'dire financial condition'

Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition to investors.

Blockchain firm sues Coinbase for $350M alleging patent infringement

9:30pm, 25th September, 2022

Crypto Wiki

Blockchain firm sues Coinbase for $350M alleging patent infringement

The plaintiff, Veritaseum believes that other centralized and decentralized crypto exchanges may have also unlawfully used the patent to facilitate crypto payments, trading, and staking services.

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

12:47pm, 7th September, 2022

Crypto Wiki

Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC's allegations.

Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto

2:47pm, 23rd August, 2022

Crypto Wiki

Celsius calls out Prime Trust in court, alleging firm didn't turn over $17M in crypto

"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.