Court Cases | ForkLog

ForkLog 11 16.01.2025

Burwick Law readies suit against Pump.fun on behalf of investors who lost “significant sums”

New York firm Burwick Law said it is preparing a lawsuit against Pump.fun on behalf of memecoin investors who lost “significant sums”. **LEGAL ACTION ALERT: PUMPDOTFUN** Burwick Law is pursuing legal action on behalf of investors in pumpdotfun memecoins. If you lost money on any pumpdotfun memecoins, you may be entitled to compensation. Read more […]

AI translated

ForkLog 28 16.01.2025

US Justice Department fines BitMEX $100m for Bank Secrecy Act breaches

HDR Global Trading Limited, the operator of the BitMEX crypto-derivatives exchange, was fined $100m in the United States for violating the Bank Secrecy Act. Global cryptocurrency exchange BitMEX fined $100 million for violating Bank Secrecy Acthttps://t.co/eU2zem7JRP — US Attorney SDNY (@SDNYnews) January 15, 2025 The company behind the platform deliberately failed to develop and implement […]

AI translated

ForkLog 19 16.01.2025

US authorities to return 94,643 BTC stolen from Bitfinex

US prosecutors have asked a court for permission to return to Bitfinex almost 80% of the 119,754 BTC stolen in the 2016 hack, according to a request. If approved, authorities will transfer 94,643 BTC to the platform, seized from hacker Ilya Lichtenstein’s wallet, in kind. The move also covers corresponding amounts in Bitcoin Cash, Bitcoin […]

AI translated

ForkLog 16 15.01.2025

Tether sues Swan Bitcoin over bitcoin-mining venture

Stablecoin issuer Tether has filed a lawsuit against crypto finance firm Swan Bitcoin, alleging a “material breach” of agreements for a joint bitcoin-mining venture, Cointelegraph reported. In 2022 the partners formed a JV called 2040 Energy to mine cryptocurrency. Under the arrangement, Tether provided financing and Swan handled operations. In September 2024 the latter accused […]

AI translated

ForkLog 45 15.01.2025

SEC sues Elon Musk over late disclosure of Twitter stake

On January 14, the SEC filed suit against Elon Musk, accusing him of failing to disclose on time his beneficial ownership in Twitter (X). The regulator says the billionaire began buying the social network’s stock in early 2022 and, by March 14 that year, held more than 5% of the outstanding shares. He was required […]

AI translated

ForkLog 17 11.01.2025

Wolf Capital co-founder pleads guilty to $9.4m crypto scam

Wolf Capital investment firm co-founder Travis Ford pleaded guilty to creating a fraudulent scheme that harmed 2,800 investors. According to investigators, he stole $9.4 million by promising clients extraordinarily high returns.

AI translated

ForkLog 9 10.01.2025

US indicts operators of Blender and Sinbad crypto mixers

A grand jury in the Northern District of Georgia returned indictments against three Russian nationals involved in operating the cryptocurrency mixers Blender.io and Sinbad.io. Roman Ostapenko, Alexander Oleinik and Anton Tarasov are charged with conspiracy to launder money and operating an unlicensed money-transmitting business. Authorities allege both mixers were used by criminals worldwide to launder […]

AI translated

ForkLog 48 09.01.2025

Sam Altman responds to sister’s abuse allegations

OpenAI CEO Sam Altman and his family have commented on a new lawsuit filed by Annie Altman, who has accused her older brother of sexual abuse. My sister has filed a lawsuit against me. Here is a statement from my mom, brothers, and me: pic.twitter.com/Nve0yokTSX — Sam Altman (@sama) January 7, 2025 The filing reiterates […]

AI translated

ForkLog 41 09.01.2025

Russia to seize record bitcoin bribe of 1bn rubles for state coffers

As part of enforcement proceedings, bailiffs have begun transferring 1,032.1 BTC—valued at more than 1bn rubles at the time of the offence—seized from convicted former investigator Marat Tambiev in a record-bribe case to the state, TASS reported. The funds will be moved from a Ledger Nano X hardware wallet to a government account. At the […]

AI translated

ForkLog 68 09.01.2025

Do Kwon, Terra’s founder, to stand trial in January 2026

The trial of Terra founder Do Kwon is scheduled for January 2026. Lawyers cited the need to process a substantial volume of evidence, reports Inner City Press. “The trial will begin on January 26, 2026. I give you one week to request another date, otherwise — ‘the train has left’,” noted Judge Paul Engelmayer. According […]

AI translated

ForkLog 12 03.01.2025

Do Kwon appears in US court

On January 2, Manhattan prosecutors unsealed an indictment against Do Kwon. The same day, the Terraform Labs co-founder appeared in court, Inner City Press reported. OK — now in courtroom for US v. Do Kwon presentment after his extradition in from Montenegro for Terraform crypto fraud — Inner City Press will cover the case(s) https://t.co/G3vwN2mZuS […]

AI translated

ForkLog 17 31.12.2024

Montenegro Extradites Do Kwon to the United States

On December 31, Montenegro completed the extradition of Terra founder Do Kwon to the United States. This was announced by the country’s Prime Minister, Milojko Spajić. Today Montenegro completed the extradition of Do Kwon to the United States to face charges in the Terra/Luna case.Our nation WELCOMES INNOVATION and legitimate crypto, AI and other tech […]

AI translated

#Court Cases