The new lawsuit filed by investors against Ripple is based on the amended version of the SEC’s guidance on cryptocurrencies and has good chances for success. Moreover, the XRP token can be qualified as a security.
The Security and Exchange Commission (SEC) has filed a lawsuit against the New York team of the Veritaseum project, accusing the developers of running an illegal ICO with several fraud indications.
Cryptocurrency exchange Coinbase had shown negligence and incompetence during the start of BCH trading, which affected users, according to U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco).
The founder of claimants’ group of the bankrupt trading floor Mt. Gox Andy Pag said that the return of the means to the users who suffered losses is postponed for a few years. The reason why is that the situation with the former partner of the trading floor Coinlab, a startup incubator, which filed a $75 million lawsuit against the trading floor in 2013 for non-compliance of the agreements.