The plaintiff fell victim to a phishing scam that drained his DAI holdings, with part of the funds later traced to a Coinbase user account.
Etana is accused of operating a "Ponzi-like enterprise" the resulted in using capital to fund expenses and risky investments.
The settlement is the first New York enforcement action to target a platform that promoted someone else's crypto yield product rather than its own issuer.
The plaintiffs are not Kelp DAO hack victims but families holding three unsatisfied terrorism judgments against North Korea looking to collect on debts.
A large portion of the judgment was suspended, leaving Mashinsky on the hook for $10 million.
A US court sentenced Maximilien de Hoop Cartier to 8 years for operating an unlicensed crypto exchange that laundered more than $470 million.
Acting AG Blanche offered some reassurance to software developers as the Justice Department continues its case against Roman Storm.
The dueling actions mark the fourth state the CFTC has sued in three weeks and come three days after New York's AG sued Coinbase and Gemini.
The Wisconsin DOJ sued Kalshi, Robinhood, Coinbase, Polymarket, and Crypto.com, alleging sports event contracts violate state gambling law.
Terraform Labs accused Jane Street of precipitating the collapse of the UST/LUNA algorithmic stablecoin through insider trading.
Pasternak is also facing a civil class-action lawsuit where investors of Believe's native token are accusing him of orchestrating a rug pull.
The lawsuit, filed by law firm Gibbs Mura, alleged that Circle failed to act swiftly to freeze the stolen USDC tied to the attack.
Bored Ape Yacht Club maker Yuga Labs and the defendants Ripps and business partner Jeremy Cahen have agreed to settle.
The judge extended a temporary restraining order from March 20, calling Kalshi's baseball game contracts "indistinguishable" from ordinary betting.
The CFTC is suing Illinois Governor JB Pritzker and the state, escalating its effort to assert its oversight over prediction markets.
US court orders KuCoin operator to block American traders and pay $500,000 penalty in CFTC enforcement case.
The Federal Court fined Binance Australia Derivatives $6.9 million for misclassifying 524 retail clients as wholesale investors.
A federal judge certified a class of Nvidia investors alleging billions of dollars in undisclosed crypto-related GPU revenue.
Coin Center noted that this reflects significant legal uncertainty that persists for developers of non-custodial blockchain software.
Gemini is facing a class-action lawsuit in New York accusing it of misleading investors about its strategy before and after its 2025 IPO.
The SEC in 2024 had accused Al-Naji of allegedly spending more than $7 million of investor funds on personal expenses.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The court ordered plaintiffs to file a revised complaint that clearly links defendants’ conduct to the injuries claimed in the lawsuit.
JPMorgan allegedly served as the “exclusive vehicle” for a $328 million crypto Ponzi, funneling $253 million into Goliath Ventures.
The dispute comes months after CEA adopted a poison pill following YZi Labs’ push to expand its influence over the company’s board.
The Bank Policy Institute is reportedly weighing a lawsuit against the OCC over national trust charters for crypto and fintech firms.
The court found that while Binance was plausibly aware of its role in terrorist financing, the lawsuit failed to show firm connections to specific attacks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The judge said plaintiffs had multiple chances to amend their complaint but still failed to state a viable claim against Uniswap.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.