3103, 2018
New York law firm launches crypto litigation tracker
The life-cycle of blockchain startups is fraught with legal uncertainty and their volatility makes them particularly prone to claims for compensation both in and outside of the courts. As this new frontier of investing keeps expanding, litigation monitoring could be a useful metric for investors when doing due diligence on crypto assets and used as part of a screening process.
704, 2017
Wells Fargo sued for suspending Bitfinex wire transfers
The parent company of the Hong Kong-based bitcoin exchange, Bitfinex, recently filed a lawsuit against Wells Fargo & Company and Wells Fargo Bank. “This is an action for intentional interference with contractual relations and injunction relief arising from Wells Fargo's interference with plaintiffs' customer contracts,” states the court document.
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