Category: Lawsuit

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian […]

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Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC […]

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Billion Dollar Bitcoin Lawsuit Verdict Appealed —  Self-Proclaimed Bitcoin Inventor Expects a Win

Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win

The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoin inventor, Craig Wright, was cleared of all charges at the end of the Kleiman v. Wright trial, except one count of […]

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Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms

Court Decision Voids Crypto Mining Contracts in China, Shuts Down Bitcoin Farms

A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests. Beijing Court Invalidates Bitcoin Mining Contracts The Chaoyang District People’s Court in the […]

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Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial

Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial

Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.” Kleiman v. Wright […]

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Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright

Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright

On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are […]

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Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs

Quentin Tarantino Sued for an Upcoming Auction of Pulp Fiction NFTs

Quentin Tarantino, the acclaimed film director, is being sued by Miramax, a Hollywood film producer and distributing company, due to the auction of a series of NFTs related to “Pulp Fiction,” one of the director’s most popular films. The conflict lies in the interpretation that Miramax makes from the initial contract between the parts, arguing […]

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Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial

Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial

During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto” has been trending in people’s discussions on social media for the last few days as well. The Internet Is Buzzing Over Conversations Concerning Bitcoin’s Mysterious […]

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The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the […]

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Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee

Bitcoin Mining Operation Being Sued for Producing High Noise Levels in Tennessee

A bitcoin mining operation in Tennessee is being sued by neighbors due to the high level of noise the facility produces. The lawsuit, which was filed in August, asks mining operator Red Dog to shut down operations and pay personal damages fees, as well as compensate owners for decreased property values. The lawsuit could set […]

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