
Elon Musk facing $258B lawsuit for promoting Dogecoin ‘pyramid scheme’
The lawsuit alleges that Elon Musk and his companies were involved in a "crypto pyramid scheme" related to the popular dog-themed cryptocurrency Dogecoin.
Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.

Celsius hired attorneys from Akin Gump Strauss Hauer & Feld LLP to help advise on possible solutions for its liquidity issues.

In a May interview, SEC chairman, Gary Gensler, had said that some crypto exchanges were providing services that could be against their customer’s interest.

A multi-state investigation in the U.S. found that BlockFi has sold unregistered securities and misrepresented facts about its loan risks.

Passing the crypto mining bill into law will cause New York residents significant economic damage, according to Mayor Adams.

According to a report, the SEC got a court order that forces Terraform Labs to comply with subpoenas issued by the commission to investigate whether the firm’s tokens were unregistered securities.

The top five Korean exchange err on the side of caution and delist Litecoin for compliance reasons.



