The world of blockchain, and NFTs in particular, has had its fair share of legal action involving intellectual property. Recently, Zora, a pioneering NFT platform, filed a lawsuit against Deloitte, one of the world's largest professional services firms, over the use of the trademark "Zora AI." As illustrated in this...
DraftKings will pay a $10 million settlement to settle a class-action lawsuit focused on its Reignmakers NFTs. In late March of 2023, lead plaintiff Justin Dufoe filed the lawsuit. According to him, these NFTs fit the legal definition of an investment contract and therefore should be considered securities under U.S....
Yuga Labs, the copyright holder behind the Bored Ape Yacht Club (BAYC) NFT collection, has undertaken asset recovery efforts against Greg Cahen. This comes on the heels of their court victory against Ryder Ripps and Cahen in a lawsuit involving both defendants. The final judgment was entered on Feb. 2,...
The headlines are ablaze: Oregon is suing Coinbase. Another crypto exchange facing legal heat. Anger and anxiety and uncertainty all skip through the crypto community. It’s the same tempting thing to do, but if you feel it’s another blow in a punch after punch of blows. What if I told...
Oregon just sued Coinbase for violating Oregon’s securities laws. This lawsuit invites direct comparisons to the Securities and Exchange Commission’s (SEC) earlier joint lawsuit against the cryptocurrency exchange. Here at BlockTraderHub.com, we are your one-stop shop for crypto intel. Here’s a look at this lawsuit, the implications if it does...
Yet today, the Solana NFT space is simultaneously alive with anticipation and overrun with controversy. Metaplex’s recent proposal to sweep more than 54,000 unclaimed SOL tokens—worth nearly $7.3 million—into its DAO treasury. This decision has sparked fury from existing NFT holders. It presents troubling issues regarding transparency, user trust, and...
Additionally, Metaplex just completed a sweep totaling around $6.5 million in SOL, Solana’s native currency. This enforcement action against stagnant candy machines emphasizes the protocol’s use in NFT creation on the Solana blockchain. This move, intended to bolster the Metaplex DAO treasury, has sparked considerable debate and raised serious legal...
Is Oregon really this out of touch? Meanwhile, in Washington D.C., the realization is finally dawning that we could be missing out on billions – yes, billions with a B – of economic activity. In the meantime, the Oregon Attorney General is pursuing a misguided lawsuit against Coinbase that will...
A federal judge in Kentucky gave a 60-day stay in the case. This is the lawsuit brought by 18 state attorneys general and the DeFi Education Fund against the SEC. On April 16, 2025, Judge Gregory Van Tatenhove of the U.S. District Court for the Eastern District of Kentucky issued...
The regulatory landscape of cryptocurrencies in the United States is shifting overnight. Recently, the Securities and Exchange Commission (SEC) has chosen to stop or drop a number of high-profile litigations against crypto firms. This move reopens the debate over the future of crypto regulation and what it means for businesses...
