Class-Action Lawsuit Filed Against Ben Armstrong (BitBoy) Over $BEN Coin

Ben Armstrong, known as “BitBoy Crypto,” faces a class-action lawsuit from $BEN coin holders, alleging he misled investors through paid promotions, resulting in significant losses after promising substantial returns on the memecoin.
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Dogecoin Investors Drop Legal Battle Against Elon Musk

The class-action lawsuit against Elon Musk and Tesla, accusing them of manipulating Dogecoin’s price, has been withdrawn, concluding a contentious legal battle that sought $258 billion in damages without proving any fraud or manipulation.
The post Dogecoin Investors Drop Legal Battle Against Elon Musk appeared first on Cryptonews. …

Hong Kong Warns Crypto Firms Against Misusing ‘Bank’ Label

The Hong Kong Monetary Authority has warned crypto firms against misusing the term “bank” in their marketing, emphasizing that only licensed institutions can legally use this terminology to avoid misleading consumers and violating the Banking Ordinance.
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