Cere Network co-founder and board face $100M lawsuit over token sales
Cere Network is facing a second lawsuit this month that accuses its co-founder and board of fraud in relation to a public token launch for the platform in 2021.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Cere Network is facing a second lawsuit this month that accuses its co-founder and board of fraud in relation to a public token launch for the platform in 2021.
Why this matters
This maps to the Regulation hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
XRP News: XRPL $2.2B Tokenization Depends on Energy Token
In major XRP news today, XRPL reported lead in tokenized commodities rests heavily on a single Justoken energy token: RWA.xyz list...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
OKX Eyes 63 U.S. Stocks in Major Tokenized Trading Expansion
Key Takeaways: OKXICE informed the SEC about its plan to establish an online platform called “Tokenized Securities Venue” that wou...
Moomoo Adds Crossover’s Crypto Execution Network for US Retail Traders
Crossover Markets has partnered with Moomoo to provide the investment platform with access to its CROSSx digital asset execution n...
Cardano’s Programmable Token Standard Goes Live With Built-In KYC and Freeze Controls
The Cardano Foundation announced on Wednesday at TOKEN2049 that CIP-0113, Cardano’s programmable token standard, is live on Cardan...