Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and most reputable brands and companies can quickly become ensnared in controversy in an industry marred by a tangled web…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Swarm Launches EU-compliant KYC Solution for Tokenized Securities, CoinList Reveals Fund for US Investors to Stake Crypto Read more »Sign up for e-EUR – the progressive stablecoin
Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under sponsorship and advertising deals. FTX Advisers Review Payments…
Read more
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. Professional basketball player and Miami Heat’s Jimmy Butler has asked to be dismissed from a class action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared…
Read more
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank Intervenes in $184 Million Worth of Payments That Raised Scam Concerns National Australia Bank, one of…
Read more
A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in FTX Lawsuit Outside His…
Read more
The Moskowitz law firm has been standing outside NBA superstar Shaquille O’Neal’s studio all week to “hand deliver” their legal complaint with no success, according to a recent statement. The law firm representing victims affected by the FTX collapse has made a public plea to NBA superstar Shaquille O’Neal, asking him to show “courtesy and…
Read more
On Monday, Twitter users noticed that the traditional blue bird logo had been replaced by a cartoon picture of Doge. Meanwhile, the leading meme coin cryptocurrency, Dogecoin, jumped 23% higher against the U.S. dollar after the logo change. Twitter Bird Logo Changes to Doge Twitter has updated its logo, replacing it with a picture of…
Read more
Sorare, a Paris-based NFT (non-fungible token) fantasy game startup, has closed a deal with the Premier League, the first soccer division in the U.K., to make teams and players of the league part of its roster. According to reports, the multi-year agreement involves payments of tens of millions of pounds per year to the league.…
Read more
The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the league will be available to be enjoyed using VR (virtual reality) tech, using Xtadium, a co-viewing platform. Five of these games will be presented in a more immersive way for Horizon…
Read more
