Coinkite Sued; Coldcard Flaw Exposes $140M Bitcoin
@Coinkite faces a proposed class action alleging a Coldcard seed-generation flaw led to more than $140 million in $BTC thefts. The claims remain unproven. #Update #Legal
Lawsuit
Bitcoin Mogul Richard Heart Arrested in Istanbul
Richard Heart, HEX founder, detained in Istanbul; $7.15M cash, six cold wallets seized amid Finnish allegations. Turkish justice minister confirms ongoing judicial proceedings. #Breaking #Legal @HEXcrypto
Gemini Settlement Stands Despite CFTC Reversal
U.S. District Judge Alvin Hellerstein rejects the CFTC and @Gemini’s request to erase a $5M settlement, maintaining the original injunction despite the CFTC’s reversal. Legal
Bitcoin Victims Face $5B Legal Block
Britain’s High Court rules Chinese law governs claims to 61,000 BTC seized from fraudster Zhimin Qian, complicating recovery for victims. #Breaking #Legal $BTC
Crypto.com Case Dismissed Plaintiffs Retry
Judge Edward M. Chen dismissed a privacy class action against Crypto.com operator Foris Dax for lack of standing, allowing plaintiffs 30 days to amend their complaint. #Update #Legal
Tether Sued Over $2.76M USDT Freeze
Conduit Technology sues @Tether_to over a $2.76M USDT freeze, claiming unauthorized seizure of funds without police request; seeks unfreeze and damages. #Breaking #Legal
Illinois Delays 0.2% Crypto Tax Rollout
Illinois delays 0.2% crypto tax to July 1, 2027, for legal challenges. Critics claim it violates state and federal laws; state officials disagree. #Update #Legal
Bitcoin Firm Blockstream Faces $6.7M Lawsuit
River Financial sues Blockstream Services Canada ULC for $6.7M; Blockstream Corp clarifies separation since mid-2024 amid Liquid Network breach investigation. #Update #Legal
Layerzero Faces $292M Legal Battle
Evercrest Technologies Inc. sues LayerZero Labs over $292M rsETH bridge exploit; LayerZero CEO calls claim “meritless.” Aave faces up to $230.1M in bad debt. #Breaking #Legal @LayerZero_Labs
Ethereum: NY AG Bans Polymarket Gambling
New York AG Letitia James sues @Polymarket, alleging illegal gambling operations targeting vulnerable users, intensifying regulatory conflicts over prediction markets. #Breaking #Legal
Bitcoin Lawsuit Targets BitMEX ‘God Access’
@BRIC, a joint venture of Vaneck and GXD Labs, sues five BitMEX entities to recover 6,360 BTC for former Celsius customers over March 2020 liquidations. #Breaking #Legal @BRIC
OpenAI Faces Lawsuit Over ChatGPT Claims
California resident Michael Lines, 34, has filed a lawsuit against @OpenAI and CEO Sam Altman, claiming ChatGPT exacerbated his religious delusions during a manic episode, leading to a suicide attempt in March 2025. OpenAI is reviewing the lawsuit. #Breaking #Legal @OpenAI
CFTC Moves to Dismiss CME Crypto Lawsuit
The CFTC requested a federal court to dismiss CME Group’s lawsuit regarding Kalshi’s bitcoin perpetual futures approval, asserting CME failed to prove competitive harm and can list similar products. #Update #Legal $BTC
Tether Faces Lawsuit Over 42.4 Million USDT
Thai entrepreneurs Nuttawat Rukhammaichalern and Nattawat Kasamvilas have sued @Tether in New York, challenging the freeze of 42.4 million $USDT, alleging unlawful blacklisting of assets before a seizure warrant was issued. #Breaking #Legal $USDT