Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California
A judge ruled a California courtroom is the wrong venue since Egorov wasn’t living in the state when the alleged misdeeds took place.
Lawsuit
U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap
A New York judge declined to “stretch the federal securities laws to cover the conduct alleged” in a proposed class action complaint seeking to hold Uniswap accountable for “scam tokens” issued on the protocol.
Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims
Crypto conglomerate DCG is seeking to dismiss a fraud lawsuit brought by Cameron and Tyler Winklevoss’ Gemini exchange. Digital Currency Group argues Gemini is trying to deflect blame for the problems at Gemini’s Earn lending service. Also on Thursday, DCG filed the controversial promissory note at the center of the controversy. Digital Currency Group, or … Read more
Cameron Winklevoss to DCG Amid Their Crypto Lending Fight: ‘Good Luck’ Convincing a Jury
The verbal battle between the Winklevoss twins’ Gemini crypto exchange and Digital Currency Group, the crypto conglomerate that had helped power a now-frozen Gemini lending service, continued Friday, a day after DCG sought to dismiss a fraud lawsuit. On Thursday, DCG argued that Gemini’s fraud accusations over the Gemini Earn service should be tossed out, … Read more