Kraken’s Jesse Powell sues San Francisco co-op for alleged crypto discrimination

Kraken co-founder Jesse Powell is accusing a San Francisco co-op of denying his unit purchase on the grounds of discrimination for his ties to cryptocurrency and political leanings. According to a lawsuit filed by Powell’s legal team on Feb. 5, Powell alleged the San Francisco co-op, Twenty-Five Hundred Steiner Street Inc., violated the California’s Fair […]

Dallas Uni lecturer sues DOJ over code-related suits

Crypto security expert Michael Lewellen has sued the U.S. Department of Justice over what he calls its “flawed and unjust” approach to blockchain code development. Lewellen, a Dallas University lecturer and a Texas Blockchain Council board member, filed the lawsuit against the DOJ in response to the government’s legal crackdown on crypto mixers like Tornado […]

Tether sues Swan Bitcoin over Bitcoin mining venture dispute

Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy. Tether, alongside its co-claimant 2040 Energy Limited, claims Swan’s actions have violated their agreements, prompting legal action to protect their investment. […]

BiT Global sues Coinbase for $1b over WBTC delisting

Justin Sun-backed BiT Global has sued crypto exchange Coinbase for unfairly delisting WBTC to uplift a competing Bitcoin product. BiT Global launched a $1 billion lawsuit against Coinbase, alleging the U.S. crypto exchange illegally replaced its Wrapped Bitcoin (WBTC) product with a “knock-off” cbBTC token. Wrapped Bitcoin was the first tokenized Bitcoin (BTC) asset in […]