Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded

Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.

1251 +

XRP Ruling Needs Appeals Court Review, SEC Says

The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument.

255 +

SEC v. Coinbase: Judge Questions SEC’s Ability to Protect Investors

Judge Katherine Polk Faila of the U. S. District Court for the Southern District of New York recently held a pre-motion conference regarding the Securities and Exchange Commission’s (SEC) lawsuit against Coinbase.

207 +

Judge rules in favor of Ripple against SEC in Hinman document case

United States District Judge Analise Torres has ruled in favor of Ripple Labs after it ordered the SEC to release documents relating to a speech delivered by former SEC official William Hinman. The post Judge rules in favor of Ripple against SEC in Hinman document case appeared first on CryptoSlate.

249 +

Judge denies SEC’s motion to withhold key documents in Ripple case

In the SEC vs.

The post Judge denies SEC’s motion to withhold key documents in Ripple case appeared first on CryptoSlate.

322 +

‘Hypocrisy’: Judge denies SEC motion to keep Hinman docs secret in Ripple case

The SEC has argued that the documents should be protected because Hinman wrote the speech as a “personal errand,” but the judge didn’t buy it.

234 +

Judge rejects XRP hodlers’ bid to join SEC against Ripple case as defendants

The judge ruled that the SEC would be required to launch enforcement actions against each individual XRP holder should they be allowed to participate in the case as defendants.

182 +

Judge clears Ripple to question former SEC official over XRP case

Ripple’s defense of the ongoing lawsuit against it by the U. S. Securities and Exchange Commission (SEC) has received a slight boost. Sarah Netburn, U. S. District Court Judge, has turned down SEC’s motion to cancel the deposition of William Hinman, former director of SEC’s Division of Corporate Finance.

416 +

SEC on ‘Unfounded Fishing Expedition’ — Telegram Lawyers Tell Judge

No bank account details for the SEC, Telegram tells a US judge as its legal battle escalates

185 +

US Judge Denies SEC Push for Injunction Against Crypto Startup

A US District Judge ruled that the SEC has not yet provided sufficient evidence that Blockvest broke securities laws.

188 +

U.S. District Judge Turns Back SEC Request Regarding ICO

A new development has arisen in the U. S. Securities and Exchange Commission’s (SEC) efforts to regulate ICOs: a District Judge has turned back a request for an injunction.

293 +

Judge Refutes SEC’s Claim on Blockvest ICO Token Being a Security, Will Go to Trial

The crypto world received a surprising win from the U.S. justice system today. Earlier this week, a California judge slapped down an SEC attempt to classify an ICO token as a security. U.S. District Judge Gonzalo Curiel of the Southern District of California declared yesterday that the Securities and Exchange Commission (SEC) has failed to […]

255 +

Regulations Roundup: Shenzhen Court Recognizes Bitcoin, Coinbase Lawsuit Dismissed

In recent regulatory news, a Shenzhen court has ruled in favor of protecting an “equity transfer agreement” involving bitcoin, the judge presiding over a class action lawsuit against Coinbase has granted a motion to dismiss, and an Australian woman has been arrested for stealing 100,000 XRP following a 10-month investigation.

315 +

Blockvest ICO Being Sued By SEC

Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.

567 +

Federal Judge Applies Long-Established Securities Law to ICOs

Does a decades-old securities law apply to an initial coin offering (ICO)? In a case that represents the first time securities laws have been applied to cryptocurrencies, a district judge says it may.

420 +

U.S. Federal Securities Laws Can Cover Cryptoassets Says American DOJ

In what has been tagged a first-of-its-kind ruling, a United States Judge has declared that the country’s federal securities legislation can be employed in prosecuting organizers of fraudulent cryptocurrency-linked investment schemes, reported Reuters on September 11, 2018.

238 +

US Judge Rules ICOs Covered by Securities Law

After a long period of silence and uncertainty, the U.S. government has stated that at least two initial coin offerings (ICOs) are not exempt from security laws. Howey vs SEC The ruling comes after ICO participants from Recoin and Diamond Reserve Club filed a federal case against the projects’ founder Maksim Zaslavskiy for misleading investors, who […] The post US Judge Rules ICOs Covered by Securities Law appeared first on CryptoSlate.

262 +

A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments

On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security.

589 +