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‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation

'Black Thursday' Liquidations Sparks $28M Lawsuit Against Maker FoundationThe Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi Collateral Loans as ‘Black […]

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$1.4 Trillion, $5.1 billion, 11 class-action lawsuits, Arthur Hayes, attorney, Binance, Bitfinex, Bprotocol, Changpeng Zhao (CZ), Civic, Commodity Exchange Act, Dan Larimer, HDR Global Trading, IEO, ifinex, initial coin offering, initial exchange offering, Interview, KayDex, Kleiman v. Wright, Kyle Roche, Law, lawyer, Litigation, new york, New York-based company, Quantstamp, Roche Cyrulnik Freedman, SDNY, Selendy & Gay, Self-Proclaimed Satoshi Nakamoto, Sherman Antitrust Act laws, Status, Tether, Unlawful Selling, unregistered security, US law, Vinny Lingham

Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits

Tether, ICOs, Craig Wright - Attorney Divulges New Details on Billion Dollar Crypto LawsuitsOn April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited handsomely” […]

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