Lawsuit
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the latter missed the deadline to respond to the lawsuit. According to a Jan. 11 court filing, the regulator has requested the court for an “entry of default” against the decentralized autonomous organization (DAO), stating it had missed the deadline to “answer or otherwise defend” as instructed by the summons. If approved, the entry of default will establish Ooki DAO has failed to plead or defend itself in court and will no longer be able to answer or respond to the suit. An “entry of default” is the first step in the process of gaining a default judgment — a ruling handed down by the court when the defe...
Thom Browne And adidas Go To Court Over Stripes Trademark
HipHopWired Featured Video Source: Michael M. Santiago / Getty The war over horizontal lines has officially commenced. The trademark infringement trial between adidas and Thom Browne is underway. As per Hypebeast, the two apparel companies will fight it out over who can rightfully use stripes throughout the product universe. This week, the two labels presented their opening arguments in Manhattan’s Southern District Court. Back in June 2021 the sneaker brand served the Allentown, Pennsylvania native and his team with a lawsuit claiming that their four stripe motifs are “confusingly similar iterations” of the adidas marks. In the original complaint, adidas says their signature three-stripe trademark, which is synonymous with their most iconic footwear releases, signify the “quality and...
Ye fka Kanye West Can’t Be Found For Ex-Business Manager To Serve $4.5M Lawsuit
HipHopWired Featured Video Source: MEGA / Getty The rapper formerly known as Kanye West is AWOL, sort of. Ye’s ex-business manager is claiming he is unable to find the rapper, in order to serve a lawsuit against his MAGA-loving former client. Apparently, rumors of Yeezy’s alleged disappearance kicked off due to a tweet, of course. According to the Sun, Thomas St. John, can’t find Yeezy to serve him with a $4.5 million contract lawsuit, per court documents. Related Stories The “ex-business manager” is believed to be Thomas St John, given his ongoing lawsuit against Kanye West and his company, Yeezy. In the December 19, 2022, court filing exclusively obtained by The U.S. Sun, Thomas is seeking an extension of time to serve Ye and the other defendant, Yeezy LLC, the court docs. He and his att...
Cardi B’s Back Tattoo Lawsuit Not Guilty Verdict Upheld By Federal Judge
HipHopWired Featured Video Source: Prince Williams / ATLPics.Net Cardi B continues to win in court. Her original not guilty verdict from a lawsuit stemming from her mixtape cover is being upheld by a federal judge. As per Digital Music News the Bronx, New York native got some more good news right before the close of 2022. Back in October a jury sided with Cardi B regarding a copyright infringement matter where a man claimed his back tattoo was used without permission for the cover of Gangsta Bitch Music, Vol. 1. The project in question features a man with a very unique tattoo on his back with his head in between Bardi’s legs. Kevin Brophy Jr. says that the ink is actually his and the similarity caused him great distress therefore staining his reputation. Related Stories His legal...
Judge orders CFTC to serve Ooki DAO founders with lawsuit
A United States federal judge has ordered the Commodities Future Trading Commission (CFTC) to serve its lawsuit to the two original founders of the Ooki decentralized autonomous organization (DAO). On Dec. 12, District Judge William Orrick ordered the U.S. regulator to serve Tom Bean and Kyle Kistner, the founders of the decentralized trading platform bZeroX which was the predecessor to Ooki DAO. Bean and Kistner had already settled charges with the CFTC in September relating to illegal commodities offerings on bZeroX, while separate charges were laid against Ooki DAO token holders, which was served using a help chat box as well as a notice on its online forum. However, when Judge Orrick later discovered Bean and Kistner were alsOoki DAO token holders he reconsidered how the CFTC was to se...
Class action against Kim K, Mayweather over EMAX dismissed… for now
A federal judge in California has dismissed a class action lawsuit against reality TV star Kim Kardashian, boxing champ Floyd Mayweather and the founders of EthereumMax, explaining that the submissions failed to meet the “heightened pleading standards” for fraud claims. The judge has, however, left room for the plaintiffs to refile the proposed class action lawsuit if certain provisions are amended. In the original Jan. 7 court filing submitted by Scott+Scott Attorneys At Law, the plaintiffs argued that Kardashian, Mayweather, and also former NBA superstar Paul Pierce didn’t disclose they were being paid to promote EthereumMax (EMAX). The plaintiffs alleged that they promoted it with the objective to “artificially inflate the price of the token” through the use of “false or misleading stat...
Balenciaga Drops Lawsuit Against Production Company, Creative Director Demna Apologizes
It seems Balenciaga is taking more accountability for its recent advertisement campaign. The brand has dropped a lawsuit against the production company responsible for the ad and more. As per NBC News, the luxury label pumped the breaks on pointing the finger of shame at other parties. Last week, their lawyers filed a notice of discontinuance in New York essentially withdrawing their $25 million dollar lawsuit against North Six and set designer Nicholas Des Jardins. The CEO also shared a statement regarding their action plan to remedy the situation. “Balenciaga takes the following the following actions with the objective to learn from our mistakes as an organization. On the internal side, we nominate with immediate effect an image board responsible for evaluating the nature of out co...
Balenciaga Drops Lawsuit Against Production Company, Creative Director Demna Apologizes
It seems Balenciaga is taking more accountability for its recent advertisement campaign. The brand has dropped a lawsuit against the production company responsible for the ad and more. As per NBC News, the luxury label pumped the breaks on pointing the finger of shame at other parties. Last week, their lawyers filed a notice of discontinuance in New York essentially withdrawing their $25 million dollar lawsuit against North Six and set designer Nicholas Des Jardins. The CEO also shared a statement regarding their action plan to remedy the situation. “Balenciaga takes the following the following actions with the objective to learn from our mistakes as an organization. On the internal side, we nominate with immediate effect an image board responsible for evaluating the nature of out co...
Brett Favre Requests Dismissal From Mississippi Welfare Lawsuit
Written By D.L. Chandler , Senior Editor Posted 1 hour ago @dlchandler123 D.L. Chandler is a veteran of the Washington D.C. metro writing scene, working as a journalist, reporter, and culture critic. Initially freelancing at iOne Digital in 2010, he officially joined the iOne team in 2017 where he currently works as a Senior Editor for Cassius Life and Hip-Hop Wired. D.L. covers a variety of topics including breaking news, politics, Hip-Hop music and culture, fashion, and Black history. He currently heads the SPIRIT.ED column for Cassius Life, which focuses on adult beverages and their history. D.L. has worked in the past for MTV News, Billboard, and several other publications. His first big break in journalism came with the now-defunct Politically Black in 1999, the nation’s first B...
3LAU Faces Lawsuit Over Royalty Dispute Related to $11 Million NFT Sale
One of 3LAU‘s collaborators has served the artist a lawsuit, claiming she has been under-compensated based on the terms of their agreement. 3LAU has been one of the music industry’s most steadfast purveyors of NFT technologies. As a result of his efforts, his own Ultraviolet NFT offering was met with much excitement, fetching over $11 million at auction and serving as a watershed moment. Now, Luna Aura, his collaborator on “Walk Away,” says she is owed a 50% royalty share of the NFT proceeds pertaining to that track, but instead was met with a $25,000 lump sum offer from 3LAU’s team. Aura’s camp also maintains they were not provided notice of the NFT sale itself and she has not received any revenue thus far, Billboard reports. Scroll to Continue Recommended Articles...
3LAU Faces Lawsuit Over Royalty Dispute Related to $11 Million NFT Sale
One of 3LAU‘s collaborators has served the artist a lawsuit, claiming she has been under-compensated based on the terms of their agreement. 3LAU has been one of the music industry’s most steadfast purveyors of NFT technologies. As a result of his efforts, his own Ultraviolet NFT offering was met with much excitement, fetching over $11 million at auction and serving as a watershed moment. Now, Luna Aura, his collaborator on “Walk Away,” says she is owed a 50% royalty share of the NFT proceeds pertaining to that track, but instead was met with a $25,000 lump sum offer from 3LAU’s team. Aura’s camp also maintains they were not provided notice of the NFT sale itself and she has not received any revenue thus far, Billboard reports. Scroll to Continue Recommended Articles...
Blockchain Association throws support behind Ripple in SEC duel
United States-based crypto advocacy group Blockchain Association has come out in support of Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC), claiming the case could be very important for the future of the crypto industry. In an Oct. 28 post, the advocacy group announced it will “stand” with the American crypto economy by filing an amicus brief, also known as “friend of the court,” in the SEC enforcement action against Ripple. Nearly two years ago, the SEC announced they were suing Ripple, former CEO Christian Larsen and current CEO Brad Garlinghouse in Dec. 2020 for allegedly raising $1.3 billion through unregistered securities sales through XRP (XRP). “This case, which is just one in a long line of SEC efforts to regulate by enforcement, h...
