Class-action lawsuits filed against 11 Bitcoin companies April 5, 2020 David Cryptocurrency News Comments Off on Class-action lawsuits filed against 11 Bitcoin companies In a coordinated strike against some of the best-known companies in crypto, a US law firm issued a barrage of class-action lawsuits aimed at Binance, Block.one, Bitmex, Tron and several others. A number of pending class action lawsuits have named Binance crypto exchange as one of their defendants. The current lawsuits are targeting some of the largest cryptocurrency companies. If these class action lawsuits ruled in favor of the investors who joined, the courts could order Binance to pay billions of dollars as a result.. Class action lawsuits seek new members to join A New York law firm last Friday filed class action suits against 11 well-known companies in the digital asset industry, claiming they sold unregistered securities to investors.The companies targeted include names like Binance, BitMEX, Block.one, Civic, and the Tron Foundation.. The suits focus on companies that participated in issuing or trading tokens associated with the initial coin offering ... All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered securities to retail investors. Also read: IMF Declares ... Binance is one of several large cryptocurrency firms named in a series of recent class action lawsuits. If the lawsuits go south for this global company, it could end up costing them billions of dolla . TweetyPin. We are an Independent English-language daily online newspaper. Its main content is based on the financial world economy, international finance, bitcoin, cryptocurrency, prices of ... The lawsuits name exchanges Binance, Bibox, BitMEX and KuCoin, and issuers Block.one, Tron, Bancor, Civic, Kybercoin, Quantstamp and Status, records show. The suits, filed late Friday in Manhattan federal court, seek to represent classes of cryptocurrency investors. “The cases allege that exchanges and issuers failed to comply with federal and state securities laws intended to protect ... 'Red Wedding' lawsuits were filed against Binance, BitMEX, Tron Foundation and other major crypto companies alleging they sold unregistered securities. By Tim Copeland and Amy Castor. 7 min read. Apr 4, 2020 Apr 7, 2020 Bitcoin. Seven crypto companies have been hit with class action lawsuits. Image: Shutterstock. In brief. Class-action lawsuits have been served against 11 companies in the ... Bitcoin kept rallying this week, climbing to a three-week high at more than $7,400 after a 10% rise from Sunday to Tuesday.
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This week the Layer1 crew discusses Binance's acquisition of CoinMarketCap, the flurry of class action lawsuits last week, Coinbase deploying project funding, MakerDAO setting up dissolution, and ... Today we look at the crazy lawsuit news today involving many of the space's biggest companies. Article by Tim Copeland and Amy Castor: https://decrypt.co/245... Binance is one of several large cryptocurrency firms named in a series of recent class action lawsuits. If the lawsuits go south for this global company, it could end up costing them billions of ... #Bitcoin #XRP #Crypto #Ethereum #Binance #Coinbase #Blockchain #DigitalAssets - Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3. Multistreaming with https://restream.io/ Bitcoin google search hit 3-month high, Ripple's new lawsuit, Binance.us adds NEO-----Check out my other channels: Binance Launches Bitcoin Mining Pool - BitPay BUSD - Kim Jong Un BTC Stash ... JP Morgan Defeated By Bitcoin, Settles Crypto Lawsuit for $2.5M - Digital Dollar Whitepaper - Duration: 10:56 ...