Who’s Suing Strategy and Why? Michael Saylor’s Firm Faces Lawsuit over Bitcoin Accounting | CoinGape
Michael Saylor’s firm Strategy faces a class-action lawsuit alleging misleading Bitcoin accounting practices and failure to disclose risks, filed by investor Anas Hamza in Virginia’s Eastern District court.
India’s ‘Most Prolific Darknet Drug Syndicate’ Used Monero to Evade Cops – Decrypt
India’s NCB arrested a Kerala engineer for running a major darknet drug syndicate using Monero. Operation MELON seized drugs and $82k in crypto, highlighting challenges in tracing privacy coin transactions.
Celsius Secures Judge Approval To Pursue $4 Billion Lawsuit Against Tether | Bitcoinist.com
Celsius Network wins court approval to sue Tether for $4 billion, alleging a forced Bitcoin fire sale and breach of contract, while Tether dismisses claims as baseless.
North Korean Hackers Unleash New Apple Malware in Imminent Crypto Threat—Here’s How
North Korean hackers have developed NimDoor, a macOS-targeting malware using the Nim language, to attack crypto firms via social engineering tactics like fake Zoom updates.
Standard Chartered Bank Hit With $2,700,000,000 Lawsuit Over Alleged Role in Malaysian Sovereign Wealth Fund Fraud – The Daily Hodl
Liquidators sue Standard Chartered’s Singapore arm for allegedly enabling $2.7B fraud in the 1MDB scandal, claiming the bank ignored red flags and processed suspicious transfers.
Altcoin ETF Basket by Grayscale Delayed in Controversial SEC Move
The SEC delayed Grayscale’s GDLC ETF conversion after initial approval, creating uncertainty for crypto ETFs. Analysts suggest internal SEC issues or pending regulatory frameworks may be the cause.
Bitcoin Suisse legal chief flags gaps in EU, Swiss stablecoin rules
Bitcoin Suisse’s legal chief Peter Märkl highlights regulatory gaps in EU and Swiss stablecoin rules, citing MiCA’s framework as comprehensive but needing updates for evolving crypto use cases.
Law Firm Sues Michael Saylor’s Strategy Over Misleading Bitcoin Claims
Pomerantz LLP filed a class action lawsuit against Michael Saylor’s Strategy, alleging misleading claims about Bitcoin investments and undisclosed risks, causing significant stock drops and unrealized losses.
IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining – Decrypt
IMF rejected Pakistan’s proposal for subsidized electricity for crypto mining, citing risks to the already strained power sector and potential market distortions.
JD.com, Ant Group push yuan stablecoins to challenge US dollar dominance
JD.com and Ant Group are pushing for yuan-backed stablecoins to challenge US dollar dominance, urging PBOC approval for offshore yuan stablecoins in Hong Kong to boost global yuan usage.
