SEC Case Against Gemini And Genesis Gains Momentum As Judge Denies Motion To Dismiss

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).

322 +

Court upholds SEC’s unregistered securities claims against Gemini, Genesis’ Earn program

A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing.

273 +

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters

A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.

255 +

SEC uses insider trading judgment to enhance case against Coinbase, Binance

The US Securities and Exchange Commission (SEC) wants to leverage a decision from an insider trading case to strengthen its lawsuit against several crypto trading platforms, including Coinbase and Binance.

259 +

U.S. court decides against former Coinbase employee, calls some crypto assets securities

A federal judge in a landmark ruling supports the Securities and Exchange Commission’s (SEC) position that certain crypto assets are securities even when traded on secondary markets. A March 1 judgment in the SEC case against a former Coinbase staffer…

208 +

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions

In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions.

249 +

SEC overstepped bounds in Kraken lawsuit, US state attorneys say

A group of eight U. S. state attorneys general claims the Securities and Exchange Commission (SEC) exceeded its authority in its case against cryptocurrency exchange Kraken. In a joint statement on Feb.

255 +

Man Who Laundered Billions in Bitcoins Says Bitcoin Fog Was a Help: Bloomberg

Ilya Lichtenstein, one of the crypto industry's most high-stakes criminals, is now helping federal prosecutors in their case against Bitcoin Fog, one of the mixing services he said he'd used to conceal assets.

204 +

Judge ruling favors Riot in case against energy officials

Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.

200 +

Kraken Cites Ripple Case in Its Response to SEC

Cryptocurrency exchange Kraken leverages the outcome of the Ripple court case in its defense against the SEC

231 +

Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It

The U.S. Securities and Exchange Commission didn't allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.

166 +

SEC crypto attorney departs for private firm

The SEC’s crypto and cyber litigation unit leader has resigned from the commission to join legal firm White & Case after contributing to lawsuits against two digital asset powerhouses. 

282 +

Coinbase unfreezes Debt Box assets amid SEC controversy

Coinbase has lifted the freeze on Debt Box’s assets after discovering discrepancies in the Securities and Exchange Commission’s (SEC) representation of its case against the firm. In a Feb.

348 +

Safemoon CEO’s legal team seeks exit amid financial turmoil

The legal landscape for Braden John Karony, CEO of the now-defunct cryptocurrency firm SafeMoon, has taken a significant turn as his legal representation, Petrillo Klein & Boxer, filed a motion to withdraw from the case.

177 +

Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner

An Australian court has given a split decision in a case brought by Australia's markets regulator against Sydney-based crypto start-up Block Earner.

210 +

Will Coinbase prevail amidst regulatory scrutiny?

Coinbase could win its case against the SEC, according to an analyst. The Base network could be able to sustain its momentum as activity peaks. Despite major institutions like BlackRock gettThe post Will Coinbase prevail amidst regulatory scrutiny? appeared first on AMBCrypto.

574 +

Ripple Granted Amicus Brief Green Light As Its Battle With SEC Rages On

Ripple continues to gain momentum in its case against the SEC as it has been granted motions to file amici briefs. Coinbase leads the charge and plans to file its brief this week. The post Ripple Granted Amicus Brief Green Light As Its Battle With SEC Rages On appeared first on BeInCrypto.

446 +

CFTC Pushes Back Against Amicus Briefs in Ooki DAO Lawsuit

The U.S. District Court for the Northern District of California ruled in October that LeXpunK Army and the DeFi Education Fund could file amicus (friend of the court) briefs in the CFTC v. Ooki DAO case.

340 +

Cardano Founder on XRP and Ethereum, and Why Conspiracy Theories Are Crazy

Charles Hoskinson speaks against Ethereum conspiracy theories in Ripple case, David Schwartz responds

307 +

First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?

Bitcoin just had its worst week since the aftermath of the Terra blockchain's collapse. PLUS: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech motes may prove crucial.

335 +

Ripple Lawsuit: SEC’s Win Against This Blockchain Firm in High-Profile Securities Case Unnerves XRP Army

341 +

SEC has one more support to count on in the Ripple vs. SEC case

To support the U.S. Securities and Exchange's lawsuit against Ripple, the New Sports Economy Institute ("NSEI") has asked the court to accept an amicus brief. In its proposed brief, NSEI makes the The post SEC has one more support to count on in the Ripple vs. SEC case appeared first on AMBCrypto.

404 +

XRP Lawsuit: Ripple’s Chances of Winning Case Against SEC Revealed Following LBRY’s Defeat

One of Ripple’s allies apparently lost a case to the U.S. Securities and Exchange Commission (SEC). The new development has resulted in panic amongst XRP supporters who fear Ripple might get the same fate.

331 +

Kim Kardashian Looks Set to Win Investor Lawsuit Over EthereumMax: Report

Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over the cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case Monday, according to a Bloomberg report.

202 +

LBRY Token Ruled a Security in Case Brought by SEC

The crypto-powered video platform LBRY has lost a case against the SEC, making its native asset a security. LBRY Sold Unregistered Securities LBRY has lost to the SEC. In a...

294 +

LBRY tanks 35% as US court declares it security

A United States court has ruled in favor of the Securities and Exchange Commission (SEC) in its case against LBRY, as it ruled that the blockchain network offered its LBC token to investors as a security.

393 +

SEC wins, LBRY loses as LBC token ruled as a security

Dark days for crypto in the US, as the SEC wins its case against LBRY Inc.

296 +

LBRY Sold Tokens as Securities, Federal Judge Rules

A federal judge ruled for the SEC in its case against LBRY on Monday.

344 +

Breaking: Ripple Ally Loses Against SEC

The SEC’s victory in the case is a major blow to Ripple and the XRP cryptocurrency

302 +

Ripple Heading Towards Historical Win Against SEC In XRP Suit As Industry Supports Ripple En Masse

408 +

Ripple v. SEC: 12 Entities Back Ripple, But SEC ‘Blindly Bulldozes On’

The SEC lawsuit against Ripple now has 12 amici curiae boosting the defendant's case, but the SEC plans to delay: “We need more time.” The post Ripple v. SEC: 12 Entities Back Ripple, But SEC ‘Blindly Bulldozes On’ appeared first on BeInCrypto.

416 +

Coinbase Files to Support Ripple Against SEC Case

Coinbase joins a trade group and other groups in arguing the SEC's case threatens the broader industry.

347 +

Court Refuses To Dismiss “Insider Trading” Case Against Former OpenSea Employee As Case Edges On

US district judge rules that the case against former OpenSea employee Nate Chastain can proceed after refusing the defendant’s motion to dismiss the charges. Chastain relies on several arguments ranging from the meaning of securities to the exact nature of insider trading.

365 +

How good is XRP after this brutal statement by Ripple against the SEC

As the Ripple vs. SEC case drags on, interesting twists are popping up. The SEC has finally complied with a court’s order to submit internal documents contested by Ripple (XRP/USD).

354 +

Ripple CEO Says SEC's "Shamefulness" Will Shock You

Ripple says that it finally has Hinman docs, claiming that its content will be shocking and damaging for the SEC's case against the company

358 +

CryptoSlate Wrapped Daily: GBP volatility reaches Bitcoin’s, Hodlonaut wins against Craig Wright in defamation case

The biggest news in the cryptoverse for October 20 includes the British Pound’s increasing volatility that is nearing Bitcoin’s, the unprofitable Q3 for Bitcoin miners, and FTX CEO Sam Bankman-Fried’s thoughts on crypto regulations and Hodlonaut’s victory against Craig Wright.

364 +

How Crypto Advocates Are Defending Ooki DAO

The Commodity Futures Trading Commission (CFTC) had what looked like an easy case against Ooki DAO. The allegations weren’t really in dispute and the decentralized autonomous organization itself didn’t seem able to put together a response in time for a court-mandated deadline.

258 +

4 Pro-Crypto Affiliates Support Grayscale in their Case against the U.S. SEC

Four affiliates have joined the case between Grayscale and SEC in a bid to support the crypto fund manager against SEC's decision to deny the firm access to convert GBTC into a spot BTC EFT.

407 +

Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate

Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”

255 +

US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report

Law firm Roche Freedman was removed even after its controversial founder Kyle Roche filed to withdraw from the case.

412 +

Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says

The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam.

259 +

Court Rules CFTC Legally Served Ooki DAO Through Help Bot

The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO.

334 +

What Ripple's Latest Win Means for Its Ongoing Fight With the SEC

The crypto firm scored a procedural victory last week in part of its legal defense against the SEC. But it may not help its case.

306 +

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.

390 +

Terra Reacts To Case Against Do Kwon, Claims Matter Is Highly Politicized

The collapse of the algorithmic stablecoin Terra and its native token LUNA remained a shocking event in the crypto space. The outcome was the loss of billions of dollars for many individual and institutional investors.

337 +

The Case Against CBDCs In A Capitalist Society: Banks Won’t Be Happy

The Bitcoin Policy Institute’s report on CBDCs makes a strong case for why the US should reject a centrally issued version of the dollar. Bitcoinist covered that already. This time, we’ll focus on the reasons why The Bitcoin Policy Institute thinks CBDCs don’t make sense and are not practical for capitalist societies. The main argument […]

331 +

Ooki DAO moves to raise funds to defend against CFTC lawsuit

Ooki DAO community members have commenced discussions to explore possible fundraising options to defend their case against the CFTC. The post Ooki DAO moves to raise funds to defend against CFTC lawsuit appeared first on CryptoSlate.

257 +

Terraform Labs claims case against Do Kwon is ‘highly politicized:’ WSJ

A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.

524 +

Friedman, Former Tether’s Auditing Firm, Faces Over $1.6 In Penalty By SEC

The U.S. Security and Exchange Commission (SEC) sued and set charges of 1 million USD as a monetary penalty against Friedman LLP, the former auditing firm of Tether. Although the stablecoin issuer Tether hired the same auditing company from May 2017 to January 2018, the case filed last week does not count it. It has […]

332 +