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KelpDAO said that, over the rsETH LayerZero cross-chain bridge attack earlier this year, it had filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, alleging negligence and failure to disclose risks.
BlockBeats cited market sources as saying that the New York State government has filed a lawsuit against the prediction market platform Polymarket alleging that it operates an illegal gambling business; the specific allegations and relief measures have not been disclosed.
SEC Commissioner Mark Uyeda said that withdrawing some lawsuits against crypto companies was intended to avoid defending legal interpretations that may be overturned. He also characterized the September 17 approved innovation exemption for tokenized securities as a temporary, conditional pilot.
X has sued two UK residents in London, alleging that they jointly operated multiple accounts, fabricated engagement, and defrauded approximately 277000 USD in Creator Revenue Sharing.
X sues UK residents, alleging they operated accounts to post identical Bitcoin content and transferred more than 207000 pounds in revenue through Stripe accounts.