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Category Legal News

Pump.fun Seeks Multi-Million Dollar CLO Amid Ongoing High-Stakes Class Action Lawsuit

Pump.fun Seeks Multi-Million Dollar CLO Amid Ongoing High-Stakes Class Action Lawsuit

In Brief Baton Corporation is recruiting a CLO at up to $5M base salary for Pump.fun. The platform faces RICO charges after a class action lawsuit...
Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round

Prediction Market Kalshi Reportedly Eyes $40 Billion Valuation in New Funding Round

In Brief Kalshi is reportedly in talks to raise funds at a roughly $40 billion valuation. The figure nearly doubles the $22 billion Kalshi reached...
Crypto Influencer Impersonator Sentenced to 15 Months in Staking Scam

Crypto Influencer Impersonator Sentenced to 15 Months in Staking Scam

In Brief A Queens man drew 15 months in prison for a crypto influencer impersonation scam. He cloned two popular crypto influencers' identities an...
CFTC Secures Trading Ban Against Jailed Celsius Founder Alex Mashinsky

CFTC Secures Trading Ban Against Jailed Celsius Founder Alex Mashinsky

In Brief A consent order permanently bans Celsius founder Mashinsky from CFTC trading and registration. The order resolves the CFTC's 2023 fraud c...
Bitcoin Rodney Pleads Guilty in Connection With $1.8 Billion HyperFund Fraud

Bitcoin Rodney Pleads Guilty in Connection With $1.8 Billion HyperFund Fraud

In Brief A Florida man pleaded guilty to a conspiracy charge tied to a $1.8 billion crypto fraud scheme. HyperFund promised daily returns from cry...