LIBRA price

Key Insights: Recent crypto news and data shows six crypto and 12 AI class actions in H1 2025 nearly match 2024’s total. Securities suits remain flat around 114 vs. 115. Burwick Law filed half of the crypto cases. The first half of 2025 saw 114 new securities class-action filings, nearly matching the 115 filed in H2 2024. Seemed like, overall lawsuit volume was essentially flat. Core filings (excluding M&A cases) were 111 in H1 2025 versus 112 in H2 2024. These figures align with the long-term semiannual average (about 113). Notably, filings were skewed to Q1 (67 in Q1 vs. 47 in Q2). While counts held steady, risk metrics spiked: the “Disclosure Dollar Loss” index jumped 56% to $403 billion in H1 2025, and “Maximum Dollar Loss” hit $1.85 trillion. In short, the number of suits didn’t grow, but their scale did. Crypto News and Recent Data Shows a Rise in Filings Investor lawsuits over crypto assets are also climbing. Six new crypto-related securities class actions were filed in H1 2025 versus seven for the entire 2024. In Cornerstone’s July report, cryptocurrency was one of the top trending topics in filings. This surge comes even as federal agencies have softened crypto enforcement under the new administration. Notably, half of the 2025 H1 crypto cases were brought by Burwick Law – including a complaint over the Pump.fun platform and another over the LIBRA meme token. Pump.fun’s UK operator, Baton Corporation, was sued Jan. 30, 2025 by investor Diego Aguilar in a New York federal court. The complaint alleges Pump.fun’s platform worked with influencers to market “unregistered security memecoins,” generating roughly $500 million in fees from investors. (Pump.fun denies wrongdoing.) In short, crypto class suits are piling up – investor lawyers say they offer “a vital path to accountability” when regulators lag. AI Litigation Surges A striking exception to the flat overall trend is AI-related securities litigations. Twelve AI-focused class actions were filed in H1 2025. It was up from only five in the prior half-year and on pace to exceed the 15 total in all of 2024. In fact, AI claims were the single largest trend category in new complaints. Many of these suits hinge on “AI washing,” where companies allegedly overstate their use of AI. Former SEC Commissioner Joseph Grundfest captures the idea: “ChatGPT explains the increase in AI-related securities litigation as ‘primarily driven by … “AI washing” — where companies exaggerate, misrepresent, or falsify the extent or significance of their AI capabilities’,” he said. When the truth comes out, investors sue. “I have nothing else to add to this AI explanation of AI litigation,” Grundfest quipped. In short, dollars at risk and AI are the big trends. Notable Crypto Cases in News In April 2025, a group of Solana token buyers filed a class action against decentralized exchange Meteora and VC firm Kelsier Labs. The amended complaint (Apr. 21) says Meteora helped launch a token called $M3M3 by falsely touting “trusted leaders” in Solana, then inflated the price. Plaintiffs claim roughly $69 million in losses from the scheme. Relatedly, a separate suit in March 2025 accuses promoters of the “LIBRA” meme token (tied to Argentina’s former president’s network) of a “deceptive, manipulative” launch. Source: X Even celebrity memecoins draw suits: creators of Haliey Welch’s $HAWK coin face a December 2024 class action claiming the token was an unregistered security. Other recent cases involve crypto miners, exchanges and adjacent firms (e.g. hardware sellers) which is a sign that the traditional SEC playbook (Section 5 registrations, insider trading) is extending into blockchain. The post Crypto News: Flat Overall Filings, Rising Crypto and AI Suits in 2025 appeared first on The Coin Republic.

Solana’s DEX volume has lost nearly $700 million since Monday. The downside follows comments from its co-founder criticizing meme tokens and NFTs. The remarks sparked debates, especially since meme cryptos have fueled Solana’s growth. The latest comments from Solana’s co-founder, Anatoly Yakovenko, left speculative trading enthusiasts shaken. Meanwhile, the blockchain reflects the impact on the decentralized exchange (DEX) front. Yakovenko dismissed NFTs and meme coins as assets without intrinsic value in a July 27 X post. He compared them to a mobile game loot box, which serves speculative individuals. Meanwhile, the comments dented sentiments as Solana’s DEX volume has seen a 220% decline from Monday’s $3.071 billion to $2.374 billion today. While sudden dips are not uncommon in the cryptocurrency industry, some participants are connecting the dots. Meme cryptos have fueled Solana’s growth It is the irony that grabbed the community’s attention. While meme tokens lack traditional utility, they have been vital in Solana’s latest boom. Nearly all themed cryptocurrencies that have dominated trends in the past few years launched on the SOL blockchain. PNUT, WIF, FARTCOIN, and the current PENGU, you can name them. Furthermore, Solana boasts the largest meme launchpads (Pump.fun and Raydium). At times when top chains like Ethereum and Cardano were quiet, Solana flourished due to viral meme assets and NFTs. Moreover, leading Solana DEXs like Jupiter thrived during meme coin seasons. With these trends, Solana attained a strong community, culture, profits, and growth momentum. Thus, many equate Yakovenko’s comments to biting the hand that fed their ecosystem. Solana-based exchanges have experienced substantial slowdowns days following the controversial comments. Whether the 20% slide is a usual cool-off or a reaction to Yakovenko’s remarks, Solana’s ecosystem took a hit. The tone might have discouraged some participants, who are likely considering alternative meme launchpads. For digital assets enthusiasts, meme tokens and NFTs represent culture, accessibility, and creativity in the crypto industry. Moreover, they lower entry barriers into Web3. Meme tokens lack value, but drive excitement Yakovenko’s comments weren’t unfounded. Most meme tokens lack utility beyond attention. They face criticism since they lack legitimate backing, use cases, and the fact that most creators launch them as speculative plays. Projects can record staggering surges overnight and crash within minutes. You probably remember the controversial LIBRA case. Libra surged to $224 million market capitalization project before crashing within hours, leaving its investors with massive losses. Its current market cap is $3.94 million. Hype, not fundamentals, dictates the life cycles of most meme coins. However, they also work. While themed cryptocurrencies lack substance, they attract attention and excitement in the digital currency markets. Also, they onboard retailers who want to join the market without navigating complex protocols. This phenomenon has benefited Solana, putting it in the spotlight during periods when top blockchains felt dormant. Though Yakovenko’s remarks appear true, they exposed the fragility between market behavior and logic in crypto. Besides decentralization, the fun side of the blockchain industry remains vital for the sector’s liveliness. The post Solana DEX volume dips 20% after co-founder slams meme coins appeared first on CoinJournal.