Lawsuit

Craig S. Wright has officially taken the first steps in a legal action against a member of the Bitcoin community, according to a letter shared with Bitcoin Magazine.

Rice is accused of scamming investors out of more than $4 million through a cryptocurrency scam that promised federally insured accounts and brand-name credit cards.

Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level.

Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping.”

In a short-term win for bitcoin advocate Charlie Shrem, a federal judge has lifted the freeze on Shrem’s financial accounts in an ongoing legal battle against the Winklevoss twins.

The allegedly stolen funds date back to 2012 when the brothers hired Shrem to manage their initial bitcoin investments.

The judge presiding over a class action lawsuit against Coinbase over allegations of insider trading has approved Coinbase’s motion to dismiss the suit.

The consolidated lawsuit names BitConnect International PLC, BitConnect Ltd., BitConnect Public Limited, BitConnect Trading Ltd., individuals affiliated with the scheme including Senior BitConnect India promoter Divyesh Darji. It also names YouTube as a defendant

The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.

The aspiring trader filed suit for €43,220 (~$50,000) after missing out on the profits he might have made when two banks denied him their services.