Crypto Investor Lawsuits To Outpace 2024: Report
The number of collective appeals led by investors in the United States concerning crypto and artificial intelligence is already approaching the total deposited in 2024.
Cornerstone said in a report on Wednesday that AI and crypto were the main complaints in the first half of 2025, with 12 deposits linked to AI and six deposits linked to the crypto, which are both a little shy of the total number of similar complaints filed throughout last year.
This despite the total number of collective appeals in securities deposited by shareholders claiming that the remaining losses remain flat in the first half of 2025, with 114 new prosecution against 115 deposited in the last semester of 2024.
The report shows that injured investors are still taking civil measures against cryptographic companies, even if American agencies, including the Ministry of Justice and Securities and Exchange Commission, have recognized their application of cryptography under President Donald Trump.
Acquire of Crypto classes nearly 2024 total
Cornerstone said that 2024 had seen seven current prosecution linked to the crypto, the six deposited so far this year marking a significant increase to exceed the total of last year.
Of the six deposits, half was against a cryptographic transmitter, while a complaint was against a cryptographic minor. Two of the files were complaints against what Cornerstone called a “company adjacent to cryptocurrency”, such as those who sell mining platforms, trying to enter crypto or in partnership with cryptography companies.
Half of the complaints linked to the crypto filed so far this year have been from the Burwick Law law firm, two notable proceedings being his complaint against Pump.fun and those who allegedly behind the controversial memecoin balance.
The founder of Burwick Law, Max Burwick, told Cintelegraph that civil actions, in particular those related to crypto, often provide a vital path to responsibility when other remedies have not yet caught up. “
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Among the remaining deposits, two were directed by Pomerrantz LLP, while one was deposited by Grunch Prongay & Murray.
“Ai-Washing” a key engine of related proceedings
The report indicates that the dozen documents linked to AI in the first half of which ended in the total of 15 deposited last year, the law professor of Stanford and former SEC commissioner, Joseph Grundfest, saying that the main trends were “the dollars at risk and the AI”.
“Chatgpt explains the increase in the dispute in terms of titles linked to AI as” mainly motivated by the phenomenon known as “Washing of AI” – where companies exaggerate, distort or falsify the extent or importance of their AI capacities for investors and the public.
“I have nothing else to add to this explanation of AI AI disputes,” he added.
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