Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allega...
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.
Related News
A class action lawsuit filed against troubled bitcoin startup KnCMiner is proceeding despite a recent legal setback and a bankruptcy filing by the firm. According to emails provided to CoinDesk, lawyers representing the most prominent of several class action lawsuits filed against KnC have entered a claim against its bankruptcy estate in Sweden. Further, they indicated the group has provided information to local law enforcement in an attempt to ensure the firm can provide customer reparations. An email to class action participants reads: "We have handed over all claims with the....
Bitcoin to Gold company Coinabul, a company that claims to be "The first Bitcoin to gold service,", is facing a 'Class Action' lawsuit alleging that the company has been involved in committing fraud. On a personal level, I bought .76 Bitcoin worth of gold on may 3rd, and I'm still waiting. Yazan Hussein claims that he paid 1,654.54 bitcoins to Coinabul last year and has, up to date, received no gold. He filed the Federal complaint in Illinois on July 25th naming Coinabul and its CEO, Jason Shore, as defendants. Edelson Law, the firm involved in the class action against Mt Gox, is....
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining operations. Lawsuit Alleges Crypto Firm’s Bitcoin Mining Business Is ‘Completely Fraudulent’ A class-action lawsuit was filed on Wednesday in the Southern District Court of New York against Bit Digital Inc., its CEO Min Hu, and CFO Erke Huang. Bit Digital, a holding company listed on Nasdaq under the symbol BTBT, purports to engage in bitcoin mining business through....
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB).
Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers
A class-action lawsuit was filed last week against Coinbase Global Inc., Coinbase Inc., and CEO Brian Armstrong.
Lead plaintiffs and Coinbase users Christopher Underwood, Louis Oberlander, and Henry Rodriguez allege that from Oct. 8, 2019, to....
A class action suit has been filed against Joshua Garza, Stuart Fraser, and GAW Miners, LLC. This suit comes following the months-long legal proceedings involving the company, including a breach of contract suit from Mississippi Power Company over nearly $350,000 USD in unpaid electricity bills, and the SEC charging Garza and the company with security fraud in December of 2015. The formal complaint filed yesterday is the culmination of over a year of collecting evidence for the case after the Plaintiffs’ announcement of intent in April of 2015. The class action represents over ten thousand....