In brief A federal judge dismissed xAI’s trade secret lawsuit against OpenAI without leave to amend. Judge Rita Lin found xAI failed to show OpenAI induced a former xAI engineer to disclose trade secrets. …
Lawsuit
- DeFi Market
Kalshi’s New Jersey Lawsuit Continues On Hold as State Prepares to Appeal Injunction to United States Supreme Court
by adminby adminBoth sides in Kalshi v. Flaherty have requested that the trial court extend a stay on the case until the US Supreme Court acts on New Jersey’s petition Kalshi and authorities in the state …
- DeFi Market
Jump Trading slams $4bn Terraform lawsuit as attempt to ‘pass the buck’ – DL News
by adminby adminJump Trading responded to a lawsuit filed by Todd Snyder, the man charged with leading Terraform Labs through bankruptcy. Snyder had accused Jump of market manipulation and defrauding investors. In its response, Jump called …
- Web3 Technology
Penguin Apparel Brand Targets Crypto IP Pudgy Penguins in Trademark Infringement Lawsuit
by adminby adminIn brief PEI Licensing is suing Pudgy Penguins on allegations of trademark infringement. The firm, which operates the Original Penguin brand, claims that Pudgy’s marks “mislead” and “deceive” consumers. The firm claims to have …
- Web3 Technology
WhatsApp Lawsuit Draws Skepticism From Cryptographers, Privacy Lawyers
by adminby adminIn brief Cryptographers and privacy lawyers said a new class action accusing Meta of secretly accessing WhatsApp messages lacks technical detail. Experts said large-scale message exposure would more plausibly stem from user-side risks, such …
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post on …