National shareholder rights litigation firm Schall Law has filed a class action lawsuit against graphics card maker Nvidia, claiming that Nvidia made “false and misleading statements to the market.”
According to the complaint, Nvidia touted its ability to monitor the crypto market and make rapid changes to its business as necessary.
Chinese crypto mining giant Bitmain has been sued for allegedly mining cryptocurrencies without the customers’ consent. The class action lawsuit was filed by Los Angeles County resident Gor Gevorkyan in the North District Court of California.
The lawsuit claims that Bitmain redesigned its ASIC devices to mine cryptocurrency for the benefit of itself rather than its customers who purchase the products.
JPMorgan Chase has been hit with a class-action lawsuit in Manhattan federal court for charging “sky-high” interest rates and fees to customers who used their credit cards to buy cryptocurrencies.
Brady Tucker, the plaintiff named in the April 10 complaint, alleges that Chase Bank charged additional layers of fees and much higher interest on the cash advances versus what they charge for credit card purchases,
Crypto investment platform BitConnect has been hit with another class action lawsuit.
The lawsuit, filed by investor Brian Paige in Kentucky federal court, names BitConnect International, BitConnect LTD, Bitcoinnect Trading LTD, and Ryan Maasen as defendants. The plaintiff alleges that BitConnect’s investment platform is actually a Ponzi scheme,
A class action lawsuit has been filed against ATBCoin over an initial coin offering (ICO) that raised raised more than USD $20 million. The plaintiffs alleged that ATBCoin and its founder Herbert W. Hoover violated the Securities Act by selling unregistered securities in the ICO.
Cryptocurrency investor law firm Silver Miller has filed a class action lawsuit against Monkey Capital, a Delaware-based company seeking to create a decentralized hedge fund.
The lawsuit, filed in the US District Court in Florida, alleges that Monkey Capital fraudulently promoted an initial coin offering (ICO) that violated numerous state and federal securities laws.
A class action lawsuit has been filed against Centra Tech over an initial coin offering (ICO) that raised $32 million last month. The suit alleges the company misled investors about its relationships with two major credit card networks and created fake team members on its website.
