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Business 01 Jan 2021 | 7:00 AM

Coinbase sued over crypto XRP commissions after SEC pursues Ripple

NEW YORK: Coinbase Inc knew cryptocurrency XRP was a security rather than a commodity and “illegally” sold Ripple Labs Inc’s tokens anyway, a customer argues in a proposed class-action lawsuit over the commissions the crypto exchange collected.

Corporate News 29 Jun 2020 | 7:00 AM

Unicorn Casper accused of misleading investors in IPO

NEW YORK: Casper Sleep Inc duped investors into pouring US$100mil into its initial public offering (IPO), knowing its financial prospects were far dimmer than it promised, according to a lawsuit seeking class action status.