News with the tag "Complaint"

A distressing financial ordeal has unfolded as a young Australian couple, Elli Houston (21) and Trae Murphy (23), alleges that tens of thousands of dollars mysteriously vanished from their Commonwealth Bank account. The couple initiated a substantial AUD 90,000 transfer, equivalent to approximately ...

Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.

The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raisin...

An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.

Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.”

Evan Frederick Light faces up to 20 years behind bars for each charge, including conspiracy to commit wire fraud and launder monetary instruments.

The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that transitio...

The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to pay existi...

SEC redefines Solana and crypto securities in Binance lawsuit. Due to the impending amendment, the court will postpone its decision on the sufficiency of the original allegations regarding these securities.

The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.