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Lawsuit against PoolTogether thrown out by US court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The defi community rallied behind PoolTogether by raising $1.4 million through a nonfungible token sale last year to support the platform’s legal defense.  In a June 7 development, a judge in the United States dismissed a lawsuit against PoolTogether, determining that […]
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Changpeng Zhao summoned in SEC lawsuit by US court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In response to the Securities and Exchange Commission’s (SEC) recent lawsuit accusing Binance of conducting unregistered securities operations, the United States district court in Washington, D.C. wasted no time in issuing a summons for Binance CEO Changpeng Zhao on June 7. […]
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Court directs BlockFi to retract chapter 11 reorganization plan

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A U.S. bankruptcy court recently ordered cryptocurrency lender BlockFi to withdraw its prematurely disclosed chapter 11 reorganization plan and accompanying statement until all materials are formally authorized. On May 18, the court directed BlockFi, the insolvent cryptocurrency lender, to retract its […]
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CoinLoan halts withdrawals and services following court order

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to incoming reports, the European crypto-lending platform CoinLoan, acting under the license of the Estonian Financial Authority since 2017, halted all its operations following a court notice. Estonian regulators recently prohibited CoinLoan from disposing of any assets without getting direct […]
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