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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Argo Blockchain accused of misleading investors in class action lawsuit

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class-action suit. Investors of crypto minin...

Bitcoin News / Bitcoin.com - 2 years ago

Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250

Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per ounce. However, Harry Dent, founder of HS Dent Investment Management, believes that this trend may not continue in...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Court to hear oral arguments in Grayscale’s lawsuit against the SEC in March

Grayscale had expected it wouldn’t be able to voice arguments until the second quarter, and is calling the quicker timeline “welcome news.” A United States appeals cou...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Genesis creditors file securities lawsuit against Barry Silbert and DCG

Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit. Troubled cryptocurrency company D...

Bitcoin News / Bitcoin.com - 2 years ago

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to sup...

Cryptocoins News / EthereumWorldNews - 2 years ago

Gemini Tops Genesis Creditors List With $766 Million Claim, Winklevoss Teases DCG Lawsuit

Summary: Genesis filed for bankruptcy protection late on Thursday revealing $3.6 billion owed to the top 50 creditors.Top unsecured claimants included Gemini, Babel Finance, VanEck, and Cumberland among others.Gemini President Cameron Winklevoss...

Cryptocoins News / Blockchain  - 2 years ago

U.S. sanctions: Customers suing Compass Mining

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions. (Re...

Bitcoin News / Bitcoin.com - 2 years ago

Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’

Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolved in...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023

Bitcoin Suisse CEO emphasizes the importance of “Swiss quality” and “safe custody for the crypto industry.” Switzerland is a “pivot point” for crypto adoption in Europ...

Cryptocoins News / Blockchain  - 2 years ago

US authorities are pursuing Bitzlato's creator

Bitzlato creator Anatoly Legkodymov is arrested. The U.S. Department of Justice launched a "significant worldwide cryptocurrency enforcement action" against the corporation. "Primary money laundering issue" authorities confiscated its website. (Read...