Keith Patrick Gill, also known as “Roaring Kitty,” an investor in Gamestop stock, has been sued in the Eastern District of New York for allegedly committing securities fraud. The lawsuit alleges that Gill, using social media posts on X and Reddit, orchestrated a pump-and-dump scheme by manipulating the public to purchase Gamestop (GME) and then […]
Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $ 6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, filed in Manhattan federal court, alleges the NFTs were promoted with various …
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined the company in its formative years starting in 2014. Ethereum Co-Founder Joseph Lubin …
In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions has “resulted in the constant devaluation, depreciation and unending plunge of […]