Class action claims Believe founder collected $54M while diluting token holders
A class action lawsuit has accused Believe founder Ben Pasternak of extracting $54 million in fees through token migrations tied to Launchcoin while leaving investors...
Tag : Action
CFTC files lawsuit blocking Wisconsin action against prediction markets
The U.S. Commodity Futures Trading Commission has sued Wisconsin, escalating its legal push to block state action against federally regulated prediction market platforms. Summary CFTC...
Over 120 Crypto Companies Send Emergency Letter to the Senate Demanding Action on the CLARITY Act
More than 120 crypto organizations, led by the Crypto Council for Innovation and the Blockchain Association, sent a joint letter to the Senate Banking Committee...
Crypto advocacy groups call action on market structure bill ‘critical‘
More than 120 entities affiliated with the cryptocurrency and blockchain industry are urging US lawmakers to stop stalling on the advancement of a digital asset...
Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack
In brief Stablecoin issuer Circle is facing a class action lawsuit from Drift Protocol investors who lost money in a recent $280 million exploit of...