Court Cases | ForkLog

ForkLog 216 01.09.2025

Cred Executives Sentenced for $1 Billion Fraud

A judge sentenced Cred's top executives to prison: CEO Daniel Schatt to four years, CFO Joseph Podulka to three.

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ForkLog 185 29.08.2025

Eliza Labs Accuses X Corp of AI Technology Theft

AI firm Eliza Labs has filed a lawsuit against X Corp., founded by Elon Musk. The company is accused of abusing its "monopoly position" and engaging in unfair competition.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 238 26.08.2025

Elon Musk’s xAI Sues Apple and OpenAI

xAI has sued Apple and OpenAI, accusing them of an "anti-competitive scheme." They allegedly conspired to maintain monopolies in the smartphone and AI markets.

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ForkLog 337 24.08.2025

Ethereum Project XAI Sues Elon Musk’s xAI

The Ethereum-based gaming network XAI has accused Elon Musk-supported AI startup xAI of trademark infringement and unfair competition.

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ForkLog 1419 23.08.2025

US Court Finalizes SEC’s Case Closure Against Ripple

On August 22, the Second Circuit Court of Appeals in the United States approved the agreement between the Securities and Exchange Commission (SEC) and Ripple Labs to end the legal battle that began in 2020.

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ForkLog 102 13.08.2025

Do Kwon Admits to Fraud Charges

Co-founder of Terraform Labs, Do Kwon, has admitted guilt to criminal charges of fraud and conspiracy, according to Reuters, citing court documents. During the hearing, Kwon apologized for his actions. “I made false and misleading statements. I did not disclose the trading firm’s role in restoring the peg. What I did was wrong,” he said. […]

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ForkLog 62 07.08.2025

Jury returns partial guilty verdict for Tornado Cash co-founder; crypto industry dismayed

A US jury found Tornado Cash developer Roman Storm guilty of conspiracy to operate an unlicensed money-transmitting business, Inner City Press reports. OK- now in US v. Roman Storm, verdict watch Day 4 — now post-pedicure of juror, Qs of wallet(s) https://t.co/bpkSEywBpg Unsealing bid https://t.co/HpZrt1UroJ Inner City Press 1st book on the case https://t.co/I5v9z8JIhg [2d […]

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ForkLog 49 06.08.2025

Changpeng Zhao Seeks Dismissal of $1.76 Billion FTX Lawsuit

Binance founder Changpeng Zhao (CZ) has sought the dismissal of a $1.76 billion lawsuit filed by FTX representatives. He cited the lack of jurisdiction of the American court due to his residence in the UAE. CZ’s lawyers noted that the disputed transactions were cross-border, and US bankruptcy laws do not apply outside the country. Representatives […]

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ForkLog 135 31.07.2025

Hacker of Beeple and Louis Vuitton X-Accounts Sentenced to One Year in Prison

A 22-year-old Canadian, Cameron Redman, has been sentenced to 12 months and one day in prison for hacking X social media accounts and stealing digital assets worth approximately $794,000. According to the materials of the Virginia District Court (USA), the hacker was also given three years of probation. He is required to compensate $248,257 to […]

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ForkLog 61 30.07.2025

Samourai Wallet Founders Admit to Money Laundering Charges

Co-founders of the cryptocurrency wallet Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, have decided to plead guilty to money laundering charges. Their lawyers submitted the relevant motions to the federal court in New York. Rodriguez and Hill are accused of conspiracy to commit money laundering and operating an unlicensed money transmission business. The maximum […]

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ForkLog 115 24.07.2025

Pump.fun Faces Legal Challenges and Delays Airdrop; LetsBonk Strengthens Position

Co-founder of the Pump.fun platform, Allon Cohen, announced that the airdrop will not occur in the near future. In response, the price of PUMP fell by 18.7%. Allon talks about potentially acquiring more companies/products like KOLscan, Potentially hinting to acquiring Launch on Pump pic.twitter.com/eLRVxIJ8Sc — ً (@0xsyste) July 23, 2025 At the time of writing, […]

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ForkLog 108 22.07.2025

FBI Concludes Investigation into Jesse Powell

The United States Federal Bureau of Investigation (FBI) has concluded its inquiry into Jesse Powell, co-founder of Kraken, regarding allegations of hacking a nonprofit organization he established. This was reported by Fortune, citing documents from the Department of Justice. Authorities also returned equipment seized during searches of Powell’s home, including dozens of laptops and phones. […]

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