A legal storm hits crypto and AI companies in America… the number of lawsuits surges:
* In an indication of increasing legal pressures, Cornerstone Research revealed that the first half of 2025 saw a sharp rise in the number of class action lawsuits against digital currency and artificial intelligence companies in the United States, nearing the total number of lawsuits recorded for the entire year of 2024.
* According to the report, 12 lawsuits related to artificial intelligence and 6 lawsuits related to crypto were registered by the end of June, compared to 15 and 7 lawsuits respectively during the previous year. Notably, this increase comes despite the total number of class action lawsuits related to securities remaining stable at 114 lawsuits, compared to 115 in the second half of 2024.
* The data shows that investors have not backed down from pursuing legal action against digital currency companies, even as regulatory actions by the Department of Justice and the Securities and Exchange Commission (SEC) have diminished during the presidency of Donald Trump.
* The nature of lawsuits related to crypto varied: three targeted cryptocurrency issuance companies, one against a mining company, while two lawsuits were filed against companies that Cornerstone classifies as "related to the sector," such as manufacturers of mining devices or companies seeking to enter the crypto space.
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