Tag: Litigation

The latest public record around U.S. high-risk processor T1 Payments and its founder and former CEO Donald Kasdon points not to a comeback, but to a deepening post-collapse aftermath. Court records show that T1’s Chapter 7 bankruptcy was treated as closed by June 10, 2025, that stayed merchant cases began moving again, and that one related action ended in a March 30, 2026 default judgment against T1.

A federal judge in California has refused to dismiss two lawsuits accusing the U.S. fintech Block Inc. (Square/Cash App) and senior leadership of compliance-related misstatements and oversight failures. The rulings keep an investor class action and a separate shareholder derivative case on track—turning Block’s compliance narrative into a courtroom test of governance, controls, and accountability.

After a dissatisfied investor filed a lawsuit in mid-August 2018 regarding the Unikrn eSport betting token in Washington State,...

Obviously, not only the operators of fraudulent token sale projects could be threatened with litigation. As announced yesterday, an...

US Court accepts class action against Swiss-based TEZOS foundation and its people after post-ICO turmoil. This is a signal...