Binance Theft Lawsuit Can Proceed In Federal Court, Appeals Panel Rules

A US appeals court has allowed a proposed Binance-related theft lawsuit to proceed in federal court, rejecting a lower-court order that had forced the plaintiffs into arbitration. The Eleventh Circuit issued an extraordinary writ of mandamus on August 19, directing the lower court to vacate its arbitration order. The panel found that the eight alleged… Continue reading Binance Theft Lawsuit Can Proceed In Federal Court, Appeals Panel Rules

CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval

CME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed in the official announcement. This legal action challenges the CFTC’s recent approval of competitor crypto perpetual futures contracts, arguing the regulator overstepped its statutory authority under the Commodity Exchange Act. CME Group, a… Continue reading CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval

Dogecoin Drama Ends: Investors Drop Elon Musk Lawsuit Appeal

A lawsuit claiming that Tesla’s Elon Musk rigged Dogecoin to benefit his company has ended. According to reports, investors who initially claimed that Musk manipulated Dogecoin’s price have withdrawn their complaint. Also, the group is withdrawing its bid to sanction Musk’s lawyers for supposedly interfering with the appeal, including canceling a request to cover their… Continue reading Dogecoin Drama Ends: Investors Drop Elon Musk Lawsuit Appeal