Crypto Class Action Lawsuits Surge in 2025 First Half

The cryptocurrency industry faces mounting legal pressure as class action lawsuits accelerate dramatically in 2025. New data reveals that investor-led legal challenges are on track to nearly double compared to 2024 figures.

Crypto Litigation Approaches 2024 Total in Six Months

According to a recent Cornerstone Research report, six crypto-related class action filings occurred in the first half of 2025. This figure closely approaches the seven total crypto lawsuits filed throughout all of 2024, indicating a significant acceleration in legal challenges facing the cryptocurrency sector.

The surge in crypto litigation occurs despite stable overall securities class action numbers. Total shareholder lawsuits remained flat at 114 new cases in early 2025, compared to 115 filed in the latter half of 2024.

Types of Crypto Companies Facing Legal Action

The six 2025 crypto class action filings targeted various sector participants:

Three lawsuits targeted crypto issuers directly, representing half of all filings. One complaint focused on cryptocurrency mining operations. Two additional cases involved cryptocurrency-adjacent companies, including businesses selling mining equipment, attempting crypto market entry, or partnering with crypto firms.

Leading Law Firms Drive Crypto Litigation

Burwick Law emerged as the most active firm in crypto class actions, handling three of the six 2025 filings. Notable cases include lawsuits against Pump.fun and parties allegedly connected to the controversial LIBRA memecoin project.

Max Burwick, the firm's founder, emphasized that civil actions provide essential accountability mechanisms when traditional regulatory remedies remain insufficient. The remaining cases were pursued by Pomerantz LLP and Glancy Prongay & Murray.

Regulatory Environment Shifts Under Trump Administration

The increase in private litigation occurs as federal enforcement agencies reduce crypto-focused actions. The Justice Department and Securities and Exchange Commission have scaled back cryptocurrency enforcement efforts under President Donald Trump's administration.

This regulatory shift suggests that private investors increasingly rely on civil courts for recourse against alleged crypto misconduct, filling potential gaps in government oversight.

AI Litigation Mirrors Crypto Trends

Artificial intelligence-related class actions follow similar patterns, with 12 AI filings in early 2025 approaching 2024's total of 15 cases. Legal experts identify "AI-washing" as the primary driver, where companies exaggerate or misrepresent their artificial intelligence capabilities to investors.

Stanford law professor and former SEC Commissioner Joseph Grundfest noted that both sectors show concerning trends regarding "dollars at risk" and emerging technology misrepresentation.

Implications for Crypto Industry

The acceleration in crypto class action lawsuits signals heightened scrutiny of cryptocurrency businesses and their practices. Companies in the space face increased legal risks, particularly regarding:

Token issuance and marketing practices Mining operations and equipment sales Partnership arrangements with traditional businesses Memecoin projects and related promotional activities.

Looking Ahead: Legal Landscape Evolution

As crypto class actions maintain their current pace, 2025 could see total filings reach 12-14 cases, nearly doubling 2024 numbers. This trend reflects growing investor sophistication in pursuing legal remedies and increased willingness to challenge crypto industry practices through civil litigation.

The parallel rise in AI-related lawsuits suggests that emerging technology sectors face similar accountability pressures as they mature and attract mainstream investment.

Legal professionals specializing in securities litigation expect continued growth in both crypto and AI-related class actions as regulatory frameworks evolve and investor protection mechanisms adapt to new market realities.

For more Crypto, Web3, Blockchain & AI news visit : www.metamoonmedia.com