Bitstamp lawsuits

bitstamp lawsuits

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Bitstamp, one of the oldest digital-asset exchanges, will discontinue staking services in the US amid a crackdown on the product by the. They argue that Bitstamp sued the wrong defendants, McCaleb and Harris, who have not made claims to the disputed funds, and failed to name as a defendant. In June, the agency in a lawsuit accused Coinbase Global Inc. of breaking its rules by offering staking services. Rival Kraken earlier stopped US staking.
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In light of this move, Bitstamp joins a list of countries where staking services are unavailable, including Canada, Japan, Singapore, and the UK. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. A call option gives the holder the right, but not the obligation, to buy the shares at a predetermined price on or before a specified date. Before the deadline, users can continue to earn staking rewards, with these rewards and principal amounts eventually being credited to users' primary Bitstamp account balances. Graftieaux maintained that Bitstamp has no exposure to the collapsed company, contrary to several firms that have been caught in the fallout of the crash.