Max Burwick, managing partner of Burwick Law, which is currently suing pump.fun, denied that the firm had any involvement in the launch of the Dogshit2 token, while refusing to reveal who deployed the token. Renowned cryptocurrency analyst Wirelyss accused Burwick Law of launching the token off-chain and passing the blame on to the first purchaser of the token. The Dogshit2 token was previously included in the evidentiary documents of Burwick Law's lawsuit against pump.fun, showing the creation ...
According to CCTV News, from January to September 2024, prosecutors across the country prosecuted 4,627 people for organizing and leading pyramid schemes. Criminals took advantage of the virtuality and convenience of the Internet to fabricate "get rich scams" with many tricks and difficult to distinguish between true and false, luring the masses to participate in them. Some took advantage of new concepts and social hotspots such as virtual currency, blockchain, financial innovation, and charity ...
On September 9, Steven Nerayoff, an early adviser to Ethereum, sued law firm Covington & Burling for $100 million, accusing it of negligence in handling his defense in the 2019 U.S. extortion case. Nerayoff claims that Covington's lawyer advised him not to provide key evidence to prosecutors, causing the case to drag on. He provided this evidence in June 2022, and the case was dismissed in May 2023. Covington denies the allegations and says the lawsuit is baseless and will defend firmly.