Lawsuit

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.

BitAngels founder Michael Terpin has filed a $224 million lawsuit against telecoms provider AT&T, alleging that its negligence led him to lose about $24 million worth of cryptocurrency to fraudsters.

The class action suit alleges that Ripple and its team illegally sold and promoted XRP, Ripple’s currency, as an unregistered security.

As the cryptocurrency market develops and grows, cryptocurrencies have become the subject of an increasing number of securities lawsuits.

The Nano Foundation is launching a legal fund to support victims who lost funds due to the hack and pledges to match up to $1 million in donations.

A class action lawsuit has been filed against Nano and key members of the cryptocurrency's core team for allegedly violating federal securities law.