A years-old $75 million lawsuit against Mt Gox by US company CoinLab is delaying payouts to creditors, the Japanese bankruptcy trustee revealed today. Bitcoin; Ripple Hit with Lawsuit While Binance Expands XRP Listings. By. bitcoinminer - May 5, 2018. 243. 0. Facebook. Twitter. Google+. Pinterest. WhatsApp. It has been a tumultuous week for San Francisco based Ripple Labs which now finds itself embroiled in another law suit. This time a disgruntled investor has taken up legal action claiming the blockchain firm has violated federal ... Findings by investigative platform WizSec uncovers new details in the civil rehabilitation case against CoinLab and Mt.Gox as CoinLab seeks $15 billion The distribution of Mt.Gox Bitcoin is likely to drag on into 2020 as CoinLab wants $15 billion for damages in the ongoing case. A lawsuit accusing US-based major cryptocurrency exchange Coinbase of insider trading has been dismissed in court. Arizona resident and plaintiff in the case, Jeffrey Berk, filed a class action lawsuit in March accusing Coinbase of ”tipping off its own employees” of an upcoming Bitcoin Cash (BCH) support on the platform a month before it was launched to customers. After some rough weeks in the recent past, Bitcoin keeps having some problems. This time, a well-known partnership between two Bitcoin protagonists – Mt. Gox and CoinLab – has soured and turned into a surprising $75 million lawsuit. It’s, apparently, the biggest lawsuit related with digital currency ever. Both companies work in the Bitcoin exchange field, playingRead More The crypto exchange Binance is allegedly in talks with the owners of coinmarketcap.com in hopes of purchasing the website for $400 million. Image credit: source Popular cryptocurrency exchange, Binance, is currently under the scanner in an alleged embezzlement case which can lead to a class-action lawsuit. Leading cybersecurity consultants, HackControl, is in charge of investigating the case. It detailed the allegations against the exchange as concerning funds mismanagement and misappropriation without due consent and explanation ...
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