KEY POINTS Coinbase had been operating “just outside of the law” since it was established a decade ago, the complaint stated The plaintiffs want their Coinbase contracts canceled and seek statutory damages The latest complaint follows a class action lawsuit filed in Georgia last month Cryptocurrency exchange giant Coinbase has been slapped with a new … Read more
KEY POINTS Judge Ramos said the SEC “plausibly alleged” the companies sold unregistered securities He said the regulator sufficiently alleged Gemini Earn investors expected profits from the firms’ efforts Gemini recently reached a settlement to return at least $1.1 billion to Earn users A U.S. judge has denied the motions filed by cryptocurrency custodian Gemini … Read more
KEY POINTS Bankman-Fried had shorter hair when he made a brief court appearance Wednesday Prosecutors alleged that Alameda Research used stolen FTX customer funds to repay Celsius One of SBF’s new lawyers also represents Alex Mashinsky, the founder of Celsius Sam Bankman-Fried (SBF), the disgraced founder of fallen cryptocurrency exchange FTX, confirmed in a brief … Read more
