RedotPay Pushes Back US IPO Timeline Due to Compliance Hurdles
TL;DR: RedotPay delayed its U.S. IPO while seeking regulatory approvals and facing a $473 million lawsuit filed by Binance affiliates. The company obtained a money transmitter
lawsuit (Latest Publications)
FlightAware abruptly drops Kalshi lawsuit after rapid one‑day filing
FlightAware withdrew its lawsuit against Kalshi just one day after filing it in the U.S. District Court for the Southern District. The flight tracking platform had accused Kalshi of misusing its
Binance Seeks $473M From RedotPay in New Lawsuit
TL;DR Legal Action: Binance-affiliated firms accuse RedotPay of diverting over 470,000 users from the Binance Card program, seeking $472.8 million in damages. Contract Dispute: The lawsuit
Judge Denies CFTC’s Emergency Bid to Halt New York’s Case Against Kalshi
TL;DR: The CFTC requested an emergency temporary restraining order to block New York’s lawsuit against Kalshi, but the request was denied. Judge Jed S. Rakoff determined
New York Files Lawsuit Against Kalshi Over Alleged Illegal Gambling Products
TL;DR Legal Action: New York’s lawsuit against Kalshi seeks to halt its event contracts, impose steep financial penalties, and recover alleged unlawful gains. Regulatory Clash: The
Apple Hit With Lawsuit Claiming Fraudulent Wallet App Stole More Than $1.8M in Bitcoin
TL;DR Fraud Losses: Three customers say a fake Bitcoin wallet app on Apple’s App Store stole more than $1.8 million after they entered seed phrases. Safety
SEC Pays $150K, Promises Overhaul to Settle Coinbase Lawsuit
TL;DR The SEC agreed to pay $150,000 in legal fees and review its records retention policies after reaching a settlement with Coinbase. The lawsuit under the
Polymarket Hit With New Lawsuit Alleging Breach of Contract in Strategy Bitcoin Sale Market
On July 3, traders William Wood and Thomas Bush filed a lawsuit against Polymarket in the New York Supreme Court. The formal complaint charges the prediction
Kalshi’s FIFA‑Fueled Trading Boom Hits $9.4B in June Amid Rising Regulatory Pressure
TL;DR: Kalshi neared $10 billion in monthly volume during June, driven by markets tied to FIFA World Cup contracts. A Michigan judge blocked Kalshi from accepting
Defendant Moves to Dismiss New York Case Seeking Control of 39,069 Bitcoin Wallets
TL;DR: A defendant identified as “John Doe 33” filed a motion to dismiss New York’s lawsuit targeting 39,069 dormant Bitcoin wallets. The lawsuit, filed in May,
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
