Ripple Court Ruling May Expand Legal Action Potential Against Crypto March 14, 2020

A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc. During the Feb. 26 hearing, the court asserted that transactions involving cryptocurrencies that are not […]

Kik Shutting Down Popular Messaging App Due to ICO Legal Battle September 24, 2019

Disclaimer: This report previously stated that Kik was only considering shutting down its app and has been updated following new information from Kik. The Canadian social media and messaging app company Kik is considering shutting down its popular Kik messaging app. 70 reported layoffs at Kin subsidiary¬† In a Sept. 23 article, Israeli tech publication […]