Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied.
Court news
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers.
The 14-year-old boy’s last interaction was with a Character.ai chatbot before he tragically shot himself in the head in February, his mom alleged in a lawsuit filed on Oct. 22.
Tesla and CEO Elon Musk were sued by the producers of the 2017 film Blade Runner 2049 for allegedly using AI to spoof an image of the film at its We, Robot event.
Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security.
Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on the Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.
Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme
The suit alleges Chainalysis falsely labeled the YieldNodes project a scam.
Online software development platform GitHub has a list of at least 15 recorded incidents of in person crypto theft in the last year, around 17 in 2023, and 32 in 2021.
Since 2019, US regulators have collected a total of $31.92 billion in settlements against 25 crypto companies.