JD Supra

Purchasers Suing Coinbase and GMO Trust Claim That Nothing's Stable About GYEN Stablecoin

What's in a name? According to purchasers of one "stablecoin" cryptocurrency, nothing but false advertising. Those purchasers have now filed a class action lawsuit in California federal court against ...
Business Insider

Customers sue Coinbase over 'untold millions' of losses from a stablecoin's loss of a yen peg

Coinbase is facing a lawsuit that alleges customers suffered millions of dollars in losses over the crypto exchange's role in trading and promoting the gyen stablecoin. Kenneth Donovan and Hussien ...
Investing

Coinbase is facing class-action suits over unstable stablecoins GYEN, USTC

A class-action suit was filed against Coinbase (NASDAQ: COIN) on Thursday, claiming the trading platform was negligent in its listing of the TerraUSD Classic (USTC) stablecoin and alleging that it ...
JD Supra

Some Securities Stability for Stablecoins: Judge Torres Rules GYEN is not a Security

Although the U.S. Government under President Trump has flipped the script on its approach to cryptocurrency in just a matter of weeks, one big question that is still out there is will the courts chill ...
Investing

Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD

A class-action suit was filed against Coinbase (NASDAQ: COIN) on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose ...