The number of class action lawsuits in the U.S.-led relationship with crypto and artificial intelligence is close to the total number of all filed in 2024.
The cornerstone is Report AI and Crypto were the highest trends in complaints in the first half of 2025 on Wednesday, with 12 AI-related documents and six crypto-related documents, both lower than the total number of similar complaints filed throughout the year last year.
Although the total number of securities class action lawsuits filed by shareholders that continued to remain flat in the first half of 2025, there are 114 new lawsuits, while 115 lawsuits filed in the second half of 2024.
The report shows that even if U.S. agencies, including the Department of Justice and the Securities and Exchange Commission, are still taking civil lawsuits against cryptocurrency companies in crypto enforcement, including President Donald Trump.
Crypto-level courses in the past 2024
Cornerstone said there were seven crypto-related class lawsuits in 2024, and six lawsuits filed so far this year mark a significant increase in the total that exceeded last year.
Of the six documents, half were targeted at crypto issuers, while one complaint was targeting cryptocurrency miners. Two of the documents are complaints about what Cornerstone calls “cryptocurrency-related companies,” such as those selling mining rigs, trying to get into cryptocurrencies or working with cryptocurrencies.
Half of the crypto-related complaints filed so far this year were conducted by law firm Burwick Law, two of which are well-known lawsuits. Complaint pump And those It is said to be behind Controversial Libra meme.
Burwick Law founder Max Burwick told Cointelegraph that civil actions, especially those related to cryptocurrencies, often provide important avenues for accountability when other remedies have not yet caught up.”
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Among the remaining documents, two are led by Pomerantz LLP and one is submitted by Glancy Prongay & Murray.
“AI wash” is the key driving force of related litigation
The report said twelve AI-related documents in the first half of the year have been in 15 submissions filed last year, and Joseph Grundfest, a professor of law at Stanford University and former SEC specialist, has closed. explain This shows that the trend is a big “risk and AI dollar”.
“Chatgpt explains the increase in AI-related securities litigation, mainly driven by a phenomenon called ‘AI wash’ in which companies exaggerate, falsely state or forge the extent or significance of their AI capabilities to investors and the public. This is usually revealed in legal claims, while investors suffer losses from losses, which often lead to.”
“I have nothing else about the AI explanation for the AI lawsuit,” he added.
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