Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
California News
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The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets.
2614 - News
CFTC chair Mike Selig said the agency established a prediction markets advisory to help catch insider traders, warning there would be consequences.
2992 - News
Ripple co-founder Chris Larsen and venture capitalist Tim Draper are backing Grow California, a new political effort aimed at countering union-backed wealth tax proposals.
4514 - Analysis
Crypto billionaires in California are threatening to leave the state, but are they ready to make good on their promise, or is an impending wealth exodus more of a paper tiger?
5864 - News
Crypto executives, including Bitwise CEO Hunter Horsley and Castle Island Ventures founding partner Nic Carter, have pushed back against a proposed billionaire tax in California.
4855 - Analysis
California’s new law states that abandoned Bitcoin can’t be immediately sold by the state, which may ease recovery and lower burdens on exchanges.
6341 - News
The laws will likely impact social media companies and websites offering services to California residents, including minors, using AI tools.
5662 - News
Ian Calderon, a former California lawmaker and Bitcoiner, started his campaign for California governor as a long shot among several established candidates.
3744 - News
California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.
28058 - News
Rowland Marcus Andrade was sentenced to seven years in prison for making the cryptocurrency AML Bitcoin, which defrauded investors out of $10 million.
4438 - Newsletter
JPMorgan, Citigroup and Bank of America are all in the early stages of stablecoin development.
8524 - News
The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.
10396 - News
The case marks California DFPI’s first enforcement action under the state’s Digital Financial Assets Law.
3614 - News
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
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