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Silvergate Bank, CEO Sued for Allegedly Transferring FTX Customer Deposits Into Alameda Research Accounts

This suit was surfaced by Law.com Radar. Read the complaint here.

Silvergate Bank and CEO Alan J. Lane were hit with a lawsuit on Wednesday in California Southern District Court relating to accounts held by bankrupt crypto companies FTX and Alameda Research.

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Whistleblower Sues xAI, SpaceX Ahead of Historic IPO Debut

Kat Black

A former engineer for xAI, the artificial intelligence firm founded by billionaire Elon Musk, has filed a whistleblower lawsuit against xAI and Musk's spaceflight company, SpaceX, just days ahead of an initial public offering that is poised to be the biggest on record.

June 11, 2026

Los Angeles Judge Upholds Novel $6M Social Media Addiction Verdict

Amanda Bronstad

The ruling by Los Angeles Superior Court Judge Carolyn Kuhl let stand a March 25 verdict for plaintiff K.G.M., or Kaley, who alleged she became addicted to YouTube and Meta’s Instagram, leading to depression, anxiety and body dysmorphia.

June 10, 2026