Kalshi Sues Minnesota Over New Law Criminalizing Prediction Markets
TL;DR: Kalshi sued the state of Minnesota in federal court to block a law that will criminalize prediction markets starting August 1. The platform argues the
lawsuit (Latest Publications)
FTX Schedules July 31 Payout and Moves to Cut Disputed Claims Reserve by $600M
FTXÂ confirmed July 31, 2026 as the start date for the next distribution of payments to holders of approved claims. June 16 will be the record date
Missouri Sues CoinFlip, Claiming Its Crypto ATMs Enabled Scams Targeting Residents
TL;DR: CoinFlip was sued in Missouri for facilitating fraudulent transactions through crypto ATMs that harmed elderly residents and military veterans. The state’s attorney general seeks to
Swan Bitcoin Hit With $970M Lawsuit Over Alleged Early Withdrawals From Prime Trust
TL;DR: Swan Bitcoin faces a $970 million lawsuit for allegedly using privileged information to withdraw assets from Prime Trust before its bankruptcy. The PCT Litigation Trust
Terror Victims Urge Judge to Force Tether to Hand Over $344M in Frozen USDT
TL;DR: Victims of terrorist attacks linked to Iran filed a motion in a Manhattan court seeking the transfer of $344 million in USDT frozen by Tether.
FTX Victims File $525M Suit Against Lawfirm Fenwick & West
TL;DR: A group of 20 FTX victims sued law firm Fenwick & West for $525 million, accusing it of covering up the fraud. The lawsuit alleges
Decision on Aave’s Emergency Motion Pushed to June Hearing
TL;DR: Aave seeks to unfreeze the $71 million in ETH frozen by Arbitrum following the $293 million hack suffered by KelpDAO. A New York judge requested
Arbitrum DAO Approves $70M ETH Release for KelpDAO Recovery Despite Federal Court Threat
TL;DR: Arbitrum DAO approved with 90.96% of votes to release 30,765.67 ETH, equivalent to approximately $70 million, to compensate victims of the KelpDAO exploit. A court
South Korean Prosecutors Seek 20‑Year Prison Term for Delio CEO Jeong Sang‑ho
TL;DR: South Korean prosecutors requested a 20-year prison sentence for Delio’s CEO over the embezzlement of 250 billion won in crypto assets. The case involves around
Celsius Founder Alex Mashinsky Reaches FTC Settlement With $10M Payment
TL;DR: Alex Mashinsky reached a settlement with the FTC that permanently bars him from promoting financial products and requires him to pay $10 million. The order
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