Tag: lawsuit


    $5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers

    Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the...

    Ricardo Esteves | November 27, 2018 | 10:00 am
  • class action

    Nano Foundation Offers Support in Lawsuit over BitGrail XRB Hack

    A US law firm has issued a class action lawsuit on behalf of Nano investors. The blockchain project formerly known as RaiBlocks has been in hot water over practices it employed in pushing XRB to a wider audience during a re-branding earlier this year. Reckless Decision to Use...

    Martin Young | April 10, 2018 | 7:00 am
  • alibaba

    Alibaba Files Trademark Lawsuit Against Alibabacoin

    Alibaba Group Holding Ltd. has filed a trademark lawsuit against Alibabacoin Foundation, a Dubai-based firm that raised over US$3.5 million through its initial coin offering. Alibabacoin Accused of Misleading Consumers in Lawsuit Filed by Alibaba In a complaint filed in US District Court in Manhattan, the Chinese e-commerce multinational...

    Ricardo Esteves | April 3, 2018 | 5:30 pm
  • NewsBTC Bitmain Technologies Lawsuit

    Bitmain & Canada’s Great North Data Involved In Legal Battle

    It appears as if Bitmain Technologies have gotten themselves involved in a lawsuit. A report surfaced on CBC News, indicating a legal dispute is taking place. A Canadian data center has been sued by Bitmain Technologies their contractual obligations not being met. Great North Data feels the mining...

    newsbtc | April 28, 2017 | 2:00 pm
  • shutterstock

    Bitfinex Files a Lawsuit Against Wells Fargo for Refusing Outbound WT

    The leading cryptocurrency exchange platform, Bitfinex has decided to take one of the big banking institutions to court. According to reports, Bitfinex has filed a lawsuit against Well Fargo after the institution failed to process US dollar wire transfers originating from the platform’s account. One of the publications...

    Gautham | April 10, 2017 | 9:30 pm
  • Mt Gox

    Hedge Funds Seek to Capitalize on Future Mt Gox Payouts

    The victims of Mt Gox are yet to receive the payouts. While they still wait for closure, hedge fund managers are busy digging for opportunities to make money. The reports indicate that few hedge funds in the United States and Japan are planning to buy the claims from...

    Gautham | February 14, 2017 | 5:00 pm

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