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Legal Proceedings
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Sam Bankman-Fried asks Supreme Court to overturn fraud conviction and $11 billion forfeiture
Sam Bankman-Fried says he was unfairly barred from providing evidence that FTX had more than enough assets to cover losses from the collapse.
-
Samsung wins lawsuit against German city over schools' iPad procurement, court rules city must reopen tender
Samsung Electronics has won a lawsuit against the German city of Datteln over the procurement of 665 tablets for schools. The court ruled that Datteln must reopen the tender process and not exclusivel
-
Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues
The Crypto Council for Innovation and Blockchain Association filed a motion for a preliminary injunction, weeks after they sued to block the law.
-
Paramount (PSKY) CEO Clears 68 Countries for $110B WBD Deal, But California Lawsuit Stalls Amid Deteriorating Talks; Faces $650M Quarterly Fee
Paramount Skydance Corporation (PSKY) CEO David Ellison has secured regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (WBD). However, a lawsuit l
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Sony dismisses PS5 buyers' $508M tariff refund claim as 'illogical'
Sony has asked a federal judge to dismiss a class action lawsuit demanding that PlayStation 5 buyers receive a share of the $508 million it expects to recover in tariff refunds. Sony's lawyers argue t
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Connecticut sues Kalshi over sports event contracts
The lawsuit is part of a months-long legal feud. Kalshi's Head of Litigation, Jovy Dedaj, called the move "arbitrary and inconsistent enforcement," noting that other platforms continue to operate in t
-
Meta settles social media addiction lawsuits with multiple U.S. states, agrees to pay up to approximately $18 billion and implement usage restrictions for minors.
On Wednesday, local time, Meta reached an agreement with attorneys general from various U.S. states and territories, agreeing to pay up to approximately $18 billion to end a federal trial that had ent
-
Aston Martin Bondholders Seek U.S. Court Authorization for Discovery to Support U.K. Litigation Against Company's Debt Restructuring
Two US bondholders, Arini Capital Management and Tresidor Investment Management, have filed an application with a New York court seeking authorization to collect evidence for a legal challenge in the
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Meta reaches a US$16.7 billion settlement with 29 states to resolve social media addiction lawsuits, but its stock price remains largely unaffected.
Meta Platforms Inc. reached a settlement with 29 state attorneys general regarding allegations that its social media platforms harm children, agreeing to pay approximately $16.7 billion. This amount r
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Tornado Cash developer Roman Storm’s retrial delayed to April 2027
Judge Katherine Polk Failla adjourned the retrial in light of Storm’s pending motion for acquittal and related request for a continuance.
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Johnson & Johnson proposes a $5.5 billion settlement to resolve approximately 76,000 talc-related ovarian cancer lawsuits.
The proposed agreement, which requires 95% participation from eligible claimants, aims to convert an unpredictable legal risk into a more manageable financial obligation for the company. However, it d
-
Federal prosecutors deem ex-Celsius CEO Alex Mashinsky's motion to vacate conviction 'without merit'
Mashinsky, who is already serving a 12-year federal prison sentence, continues to pursue legal avenues to overturn his conviction related to his activities at Celsius.
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Meta faces a major lawsuit in California, initiated by a coalition of 29 state attorneys general, accusing its products of fueling youth addiction, with potential damages ranging from $200 billion to $1.4 trillion.
Closing arguments are set to begin on Tuesday in what industry experts have dubbed social media's "big tobacco moment," a case that could result in Meta paying massive fines and making fundamental cha
-
New Mexico judge orders Meta to pay $567 million into an abatement fund as remedy for child harms case
A New Mexico judge on Thursday ordered Meta to pay $567 million into an abatement fund, following a jury ruling that the company violated the state’s unfair practices act in a child harms case. This f
-
Apple launches legal challenge against UK government's demand to access encrypted cloud backups of British users
The iPhone maker has filed a complaint over the latest government demand, which seeks to connect to the cloud backups of British users.
-
C.H. Robinson’s Second-Quarter Earnings Call Focuses on $600 Million “Landmark Ruling”; Company Says It Will Appeal
Logistics company C.H. Robinson’s second-quarter earnings conference call focused primarily on the more than $600 million “jury verdict” handed down against it by a Texas court last week. The verdict
-
Australia sues Telegram over alleged failures to remove terror content
Australia's eSafety Commissioner has initiated court proceedings against Telegram, alleging the platform failed to detect and remove extremist material shared by users.
-
Digital avatar of Jair Bolsonaro tests Brazil’s AI election rules amid legal challenge
A digital avatar of former Brazilian President Jair Bolsonaro is testing the country's AI election rules after drawing a legal challenge from left-wing groups. Bolsonaro's lawyers maintain that he did
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On August 27, the first ruling will be handed down in the case involving Bithumb’s erroneous transfer of Bitcoin.
Svmuu News: A South Korean court is set to issue its first first-instance ruling on August 27 regarding the Bithumb incident involving the mistaken transfer of Bitcoin. The user in question is accused
-
SEC Reaches Settlement with Coinbase Regarding Lawsuits from the Gensler Era
Svmuu News: The U.S. SEC reached a settlement with Coinbase on Wednesday, ending a years-long legal dispute between the two parties over the handling of record requests during the Gensler era. Accordi
-
Payward, Kraken's parent company, has requested an investigation into PowerTrade and its co-founders' financial information
Svmuu News: Payward, the parent company of Kraken, has filed a motion in U.S. federal court seeking discovery of evidence from several U.S. financial institutions related to the crypto derivatives fir
-
Latest Update on the “Legal Claim to Satoshi Nakamoto Bitcoin” Case: The Case Is Still Pending; Attorney Calls for Avoiding a Unilateral Ruling
Svmuu News: Alex Thorn, Head of Research at Galaxy Digital, has released an update on the latest developments in the lawsuit surrounding “the case seeking to assert legal ownership of Satoshi Nakamoto
-
OpenAI sued by Florida Attorney General over damages caused by artificial intelligence
Svmuu: According to WSJ, OpenAI has been sued by the Florida Attorney General over damages caused by artificial intelligence. (Jinshi)
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New York Court Hears Case Claiming Ownership of Bitcoin from Dormant Addresses, Including Satoshi Nakamoto's, Worth a Total of $274 Billion
Svmuu reports that Galaxy stated in March this year, the New York State Supreme Court quietly accepted a lawsuit seeking to confirm the ownership of over 3.7 million Bitcoin (worth approximately $274
-
Sam Bankman-Fried asks Supreme Court to overturn fraud conviction and $11 billion forfeiture
Sam Bankman-Fried says he was unfairly barred from providing evidence that FTX had more than enough assets to cover losses from the collapse.
-
Samsung wins lawsuit against German city over schools' iPad procurement, court rules city must reopen tender
Samsung Electronics has won a lawsuit against the German city of Datteln over the procurement of 665 tablets for schools. The court ruled that Datteln must reopen the tender process and not exclusivel
-
Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues
The Crypto Council for Innovation and Blockchain Association filed a motion for a preliminary injunction, weeks after they sued to block the law.
-
Paramount (PSKY) CEO Clears 68 Countries for $110B WBD Deal, But California Lawsuit Stalls Amid Deteriorating Talks; Faces $650M Quarterly Fee
Paramount Skydance Corporation (PSKY) CEO David Ellison has secured regulatory approval in 68 jurisdictions for his $110 billion bid to acquire Warner Bros. Discovery, Inc. (WBD). However, a lawsuit l
-
Sony dismisses PS5 buyers' $508M tariff refund claim as 'illogical'
Sony has asked a federal judge to dismiss a class action lawsuit demanding that PlayStation 5 buyers receive a share of the $508 million it expects to recover in tariff refunds. Sony's lawyers argue t
-
Connecticut sues Kalshi over sports event contracts
The lawsuit is part of a months-long legal feud. Kalshi's Head of Litigation, Jovy Dedaj, called the move "arbitrary and inconsistent enforcement," noting that other platforms continue to operate in t
-
Meta settles social media addiction lawsuits with multiple U.S. states, agrees to pay up to approximately $18 billion and implement usage restrictions for minors.
On Wednesday, local time, Meta reached an agreement with attorneys general from various U.S. states and territories, agreeing to pay up to approximately $18 billion to end a federal trial that had ent
-
Aston Martin Bondholders Seek U.S. Court Authorization for Discovery to Support U.K. Litigation Against Company's Debt Restructuring
Two US bondholders, Arini Capital Management and Tresidor Investment Management, have filed an application with a New York court seeking authorization to collect evidence for a legal challenge in the
-
Meta reaches a US$16.7 billion settlement with 29 states to resolve social media addiction lawsuits, but its stock price remains largely unaffected.
Meta Platforms Inc. reached a settlement with 29 state attorneys general regarding allegations that its social media platforms harm children, agreeing to pay approximately $16.7 billion. This amount r
-
Tornado Cash developer Roman Storm’s retrial delayed to April 2027
Judge Katherine Polk Failla adjourned the retrial in light of Storm’s pending motion for acquittal and related request for a continuance.
-
Johnson & Johnson proposes a $5.5 billion settlement to resolve approximately 76,000 talc-related ovarian cancer lawsuits.
The proposed agreement, which requires 95% participation from eligible claimants, aims to convert an unpredictable legal risk into a more manageable financial obligation for the company. However, it d
-
Federal prosecutors deem ex-Celsius CEO Alex Mashinsky's motion to vacate conviction 'without merit'
Mashinsky, who is already serving a 12-year federal prison sentence, continues to pursue legal avenues to overturn his conviction related to his activities at Celsius.
-
Meta faces a major lawsuit in California, initiated by a coalition of 29 state attorneys general, accusing its products of fueling youth addiction, with potential damages ranging from $200 billion to $1.4 trillion.
Closing arguments are set to begin on Tuesday in what industry experts have dubbed social media's "big tobacco moment," a case that could result in Meta paying massive fines and making fundamental cha
-
New Mexico judge orders Meta to pay $567 million into an abatement fund as remedy for child harms case
A New Mexico judge on Thursday ordered Meta to pay $567 million into an abatement fund, following a jury ruling that the company violated the state’s unfair practices act in a child harms case. This f
-
Apple launches legal challenge against UK government's demand to access encrypted cloud backups of British users
The iPhone maker has filed a complaint over the latest government demand, which seeks to connect to the cloud backups of British users.
-
C.H. Robinson’s Second-Quarter Earnings Call Focuses on $600 Million “Landmark Ruling”; Company Says It Will Appeal
Logistics company C.H. Robinson’s second-quarter earnings conference call focused primarily on the more than $600 million “jury verdict” handed down against it by a Texas court last week. The verdict
-
Australia sues Telegram over alleged failures to remove terror content
Australia's eSafety Commissioner has initiated court proceedings against Telegram, alleging the platform failed to detect and remove extremist material shared by users.
-
Digital avatar of Jair Bolsonaro tests Brazil’s AI election rules amid legal challenge
A digital avatar of former Brazilian President Jair Bolsonaro is testing the country's AI election rules after drawing a legal challenge from left-wing groups. Bolsonaro's lawyers maintain that he did
-
On August 27, the first ruling will be handed down in the case involving Bithumb’s erroneous transfer of Bitcoin.
Svmuu News: A South Korean court is set to issue its first first-instance ruling on August 27 regarding the Bithumb incident involving the mistaken transfer of Bitcoin. The user in question is accused
-
SEC Reaches Settlement with Coinbase Regarding Lawsuits from the Gensler Era
Svmuu News: The U.S. SEC reached a settlement with Coinbase on Wednesday, ending a years-long legal dispute between the two parties over the handling of record requests during the Gensler era. Accordi
-
Payward, Kraken's parent company, has requested an investigation into PowerTrade and its co-founders' financial information
Svmuu News: Payward, the parent company of Kraken, has filed a motion in U.S. federal court seeking discovery of evidence from several U.S. financial institutions related to the crypto derivatives fir
-
Latest Update on the “Legal Claim to Satoshi Nakamoto Bitcoin” Case: The Case Is Still Pending; Attorney Calls for Avoiding a Unilateral Ruling
Svmuu News: Alex Thorn, Head of Research at Galaxy Digital, has released an update on the latest developments in the lawsuit surrounding “the case seeking to assert legal ownership of Satoshi Nakamoto
-
OpenAI sued by Florida Attorney General over damages caused by artificial intelligence
Svmuu: According to WSJ, OpenAI has been sued by the Florida Attorney General over damages caused by artificial intelligence. (Jinshi)
-
New York Court Hears Case Claiming Ownership of Bitcoin from Dormant Addresses, Including Satoshi Nakamoto's, Worth a Total of $274 Billion
Svmuu reports that Galaxy stated in March this year, the New York State Supreme Court quietly accepted a lawsuit seeking to confirm the ownership of over 3.7 million Bitcoin (worth approximately $274
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Legal Proceedings
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JST (JUST) price surged to $0.11326, hitting a new 365-day high.
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Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
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OpenAI and Morgan Stanley Launch AI Tool to Automate Junior Analyst Work
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RIKEN Coin Value Analysis: Numerous Projects Share the Same Name, What's Its Investment Potential?
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