Veritaseum is a company that got some patents related to crypto trading. It apparently tried to create a crypto token and trading platform and got slapped by the SEC several years ago (2017-2019 ish). In 2022, they initiated a couple of lawsuits against Coinbase and Circle. I'm not able to read any details on the proceedings on these cases from PACER or or similar websites. I was hoping someone might give me an executive summary on what has or is happening here. Chatter I read on X/Twitter says that Coinbase tried to get the patent(s) invalidated with the USPTO and failed and that litigation is still pending, but best I can tell from the link below, it looks like the Coinbase case was closed (maybe there is a different case still pending)?
Coinbase:
https://www.pacermonitor.com/public/case/46194896/Veritaseum_Capital,_LLC_v_Coinbase_Global,_Inc
Circle:
https://www.pacermonitor.com/public/case/47311065/Veritaseum,_Capital_LLC_v_Circle_Internet_Financial_Limited_et_al