Solana Labs Sued By SOL Investor For Allegedly Making Illegal Profits

A Solana investor has filed a class action lawsuit against major stakeholders in the Solana network for allegedly benefitting off SOL, the native coin of the blockchain, which, according to the claim, is an unregulated security. The filing was made in California by legal counsels representing a homeowner. Based on the specifics of the complaint, it […]

Bitcoin investor and founder of software company MicroStrategy Michael Saylor are being sued for alleged tax fraud, according to a complaint filed by the United States D.C. Attorney General Karl Racine. The billionaire has been living in this state for around ten years, the government official said but has allegedly failed to meet tax obligations. […]

Web developer Isaac Miller tells his story on allegedly getting sued by Ripple over a website he created selling fidget spinners. The San Francisco-based fintech firm alleges that Miller had infringed copyright and defrauded its customers. Ripple Sends Cease And Desist Notice Miller recounts what happened by saying several years ago; he noticed that the […]

A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company that operates the South Korean cryptocurrency exchange Upbit, has been sued by a crypto investor, a man in his 50s, Korea Joongang Daily reported Monday. The investor alleged that Upbit delayed processing his coin transfer off the exchange prior to the coin crashing, resulting....

Krafton, the company behind the development of the blockbuster videogame PUBG, has announced a partnership with Solana Labs with the objective of building its blockchain game offering. The new business plan of the company includes the creation of token economies to power play-to-earn (P2E) experiences to build its own Web3 offerings. Krafton Chooses Solana to Build Its Web3 Games Krafton, one of the biggest Korean game development companies, has proceeded with yet another stage in its recent pivot to blockchain gaming. The creators of the successful multiplayer game PUBG have....