On Friday, March 15, 2024, game development studio Drifter Entertainment filed its first amended answer and affirmative defenses to counterclaims filed by Blockchain Game Partners (BGP), also known as Gala Games, in an ongoing lawsuit.
Drifter Entertainment, a Delaware-based company, and Gala Games,
On Friday, March 15, 2024, bitcoin mining and hosting platform Compass Mining, Inc. filed a lawsuit against Missouri-based bitcoin mining hosting companies Mo Pow 2, LLC and related entities, as well as their owner Thomas Guel.
The lawsuit, filed in the United States District Court for the Eastern District of Missouri,
On Wednesday, March 13, 2024, David Scotese pled guilty in a federal court in Long Island, New York to operating an unlicensed money-transmitting business. Scotese, a 54-year-old man from California, admitted to running the business between 2016 and 2023 without registering as required by law.
On Friday, March 15, 2024, Hemanthkumar Jambulingam filed a lawsuit against two individuals known as Defendant 1 and Defendant 2, as well as 20 unnamed individuals, business entities, and associations. The lawsuit, filed in the United States District Court for the Northern District of Florida,
On Tuesday, March 26, 2024, United States District Judge Vince Chhabria dismissed an antitrust lawsuit filed against technology company Apple. The suit was brought forward by customers of popular payment apps Venmo and Cash App.
In his ruling, Judge Chhabria outlined several issues with the plaintiff’s arguments against Apple.
On Thursday, March 14, 2024, a class action lawsuit was filed against Roblox Corporation and three gambling enterprises in the Northern District of California.
The complaint alleges that Roblox knowingly facilitates underage gambling on its popular online gaming platform, which has over 60 million daily active users,
On Wednesday, March 13, 2024, U.S. District Judge Jed S. Rakoff barred designer Mason Rothschild, known for creating the “MetaBirkins” non-fungible tokens (NFTs), from displaying his artwork at a museum in Sweden. Judge Rakoff ruled that there was a high probability Rothschild would use the exhibition platform to promote products that infringe trademarks held by luxury fashion house Hermes International.
On Wednesday, March 13, 2024, the United States government filed a civil forfeiture case in the United States District Court for the District of Massachusetts seeking to claim ownership of several crypto assets.
According to the filing, the United States is looking to forfeit 299,457.4 USDC,
On Wednesday, March 13, 2024, GetBit Technologies Inc. filed a lawsuit against unknown hackers known as John Doe 1 and 2. The Delaware-based blockchain technology company alleges the individuals hacked into their cryptocurrency accounts and stole 45,000 USDC digital currency tokens worth around $45,000.
According to the complaint filed with the Court of Chancery of the State of Delaware,
On Wednesday, March 13, 2024, the United States District Court for the Southern District of New York denied motions to dismiss filed by Genesis Global Capital, LLC and Gemini Trust Company, LLC in a case brought against them by the Securities and Exchange Commission.
The SEC alleges that Genesis and Gemini offered and sold unregistered securities through a crypto lending program called Gemini Earn,
