Unexpected twist: SEC became a defendant in the NFT classification lawsuit

Law professor and filmmaker Brian Frye and songwriter Jonathon Mann have filed a lawsuit against the U.S. Securities and Exchange Commission. The lawyers argue that the SEC’s approach to regulation threatens the livelihoods of artists and creators experimenting with NFTs.… дальше »

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Citron founder pleads not guilty to fraud over short seller calls

Lawyers for short-seller firm Citron’s Andrew Left reportedly said he would “never” accept a plea deal with the US government.

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Coinbase files motion to compel SEC to release documents related to Gensler

Coinbase has urged a New York court to order the United States Securities and Exchange Commission to produce documents related to Gary Gensler’s internal discussions. In a new court filing, Coinbase lawyers are seeking access to documents and communications from… дальше »

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UK regulator alerts public to fraudulent lawyer email scam demanding Bitcoin

A cautionary alert has been issued by the UK’s Solicitors Regulation Authority (SRA) regarding a new email scam where fraudsters posing as lawyers demand Bitcoin payments. In a recent notice, the SRA disclosed an ongoing scam involving a suspicious email… дальше »

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DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped

Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General (NYAG) Letitia James’ civil fraud suit against them. дальше »

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Law firm impersonators target crypto scam victims, FBI alarms

The FBI has issued a public warning that fraudsters posing as lawyers are contacting crypto scam victims, promising to help recover their lost funds. Bad actors may be using social media and other messaging platforms to impersonate law firms, contacting… дальше »

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Judge in SEC v. Kraken case suggests he will deny motion to dismiss

In their motion to dismiss, Kraken’s lawyers disputed the legal theory that the exchange was an “ecosystem” for crypto asset securities. дальше »

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Ripple rejects SEC’s $2 billion fine for ‘unreasonableness’ citing Terraform settlement

Ripple's lawyers have asked a court to consider an "appropriate" civil penalty in its ongoing case against the SEC, citing the recent settlement between the regulator and Terraform Labs as evidence that the SEC's requested $2 billion penalty is unreasonable. дальше »

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Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison

Salame's lawyers initially asked for 18 months. дальше »

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Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said. дальше »

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US prosecutors push for 5–7 years in prison for ex-FTX exec

U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months. дальше »

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Legal experts weigh-in on case again Roger Ver

Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto. news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies. дальше »

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Legal experts weigh-in on case against Roger Ver

Stanislav Andreyev, a senior lawyer with SBSB Fintech Lawyers, and Bing Wang, a legal advisor at basedVC, spoke to crypto. news about how Roger Ver’s case might shape the regulatory landscape for cryptocurrencies. дальше »

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Shouldn't All These Crypto Lawyers Start Learning About Crypto?

The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance. дальше »

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Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure

Lawyers of crypto exchange Kraken have told a U. S. court that claims by the U. S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a "significant reordering" of the U. дальше »

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Pro-XRP Lawyers Predict Ripple Will Lose Motion Against SEC Even as XRP Army Anticipates $3 High

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SEC pushes back against Terraform’s claims fraud happened outside US

Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin. дальше »

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Pro-XRP Lawyers Predict Ripple Will Lose Its Latest Motion

In the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), pro-XRP community lawyers have offered a pessimistic outlook for Ripple’s latest court motion. дальше »

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Nigerian court postpones money laundering trial of Binance and execs

A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents. дальше »

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Binance Founder CZ’s Trial Begins Today: Lawyers Discuss Potential Prison Time

Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, one of the largest cryptocurrency exchanges, is awaiting sentencing in a highly-anticipated court hearing in Seattle set to begin on Tuesday. дальше »

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Terraform proposes $1M penalty for SEC case, no relief or disgorgement

Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case. дальше »

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DOJ Counters Tornado Cash Developer’s Motion To Dismiss – Details

The US Department of Justice has released a rebuttal to Tornado Cash developer Roman Storm’s motion to dismiss the criminal charges levied against him by the government. In a filing submitted on Friday, the DOJ rebuffed several arguments made by the defendant’s lawyers while nudging the court to ensure the case undergoes a proper trial. […] дальше »

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From Ripple to Ethereum: Is the SEC overstepping?

Questions were raised against SEC's stance on crypto. Resignation of SEC lawyers amid criticism highlights challenges in enforcing crypto regulations. The increasing regulatory scrutiny in tThe post From Ripple to Ethereum: Is the SEC overstepping? appeared first on AMBCrypto. дальше »

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Do Kwon’s lawyers again appeal extradition decision

Lawyers for Terraform Labs co-founder Do Kwon appealed the Supreme Court of Montenegro's decision to extradite the entrepreneur. дальше »

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SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg

Former lawyers from the SEC have resigned following a federal judge's sanctions against the agency for committing a "gross abuse of power." The post SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg appeared first on Crypto Briefing. дальше »

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SEC lawyers resign following controversial DEBT Box case

Two SEC lawyers have resigned following controversies in the regulator’s legal case against crypto firm DEBT Box. Bloomberg reported on April 22 that Michael Welsh and Joseph Watkins, who served as lead SEC attorneys in the ongoing case, resigned in April. дальше »

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SEC prosecutors quit after ‘abuse of power’ in DEBT Box case

Two SEC lawyers, Michael Welsh and Joseph Watkins, have resigned from the agency due to “materially false and misleading representations” made in a crypto case last year. дальше »

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Anti-Crypto SEC Lawyers Step Down After Rebuke from Federal Judge

The two lawyers were on the cusp of being fired by the SEC дальше »

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SEC lawyers quit amid another legal blow for agency: report

A Bloomberg report says that two US Securities and Exchange Commission (SEC) lawyers have resigned after the latest criticism levelled against the securities regulator. Judge sanctions SEC for “gross abuse” of power The lawyers’ resignations come after federal Judge Robert Shelby ruled that the SEC’s case against Digital Licensing Inc., or Debt Box, was replete […] дальше »

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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg

Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg. дальше »

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Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app. дальше »

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Tornado Cash defense lawyers move to dismiss criminal charges

Tornado Cash dev Roman Storm's legal defense has filed a motion to dismiss criminal charges against him, arguing he only published code. дальше »

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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details

The co-founder of Tornado Cash, Roman Storm, has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ), Southern District of New York. In a petition submitted on March 29, Storm’s lawyers have laid out several arguments to secure the freedom of the client, including invoking the First […] дальше »

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U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

Gary Gensler wants 33 more people in the enforcement division of the U. S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. дальше »

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U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues

Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows. дальше »

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Bankman-Fried’s lawyers decry proposed 50-year sentence as ‘medieval view of punishment’

Sam Bankman-Fried’s lawyers criticize prosecutors’ 50-year prison proposal as distorted, amid wire fraud and conspiracy accusations related to his crypto empire’s downfall. U.S. prosecutors’ proposal to put FTX founder Sam Bankman-Fried in prison for as long as 50 years adopts… дальше »

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DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not. дальше »

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Is FTX’s Sam Bankman-Fried Ditching Prison? Lawyers Reveal Daring Next Steps

A recent court filing revealed plans that the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), had drafted to ensure he avoids jail term. SBF, whose sentencing comes up on March 28, faces the possibility of spending up to 100 years locked behind bars. дальше »

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Sam Bankman-Fried’s list of ‘random probably bad ideas’ included a Tucker Carlson Q&A

Bankman-Fried intended to repair his image by appearing on Tucker Carlson, critiquing bankruptcy lawyers and voicing his dislike of the "woke agenda." дальше »

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Senior SEC Enforcement Lawyers Depart Amid Cryptocurrency Regulatory Challenges

A wave of senior enforcement lawyers at the U.S. Securities and Exchange Commission (SEC) is preparing to leave their roles, raising concerns about the agency's ability to navigate the complex regulatory landscape of the cryptocurrency market.  дальше »

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Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court

Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers. дальше »

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SEC reveals Terraform Labs’ ‘suspicious’ $166m payment

The U. S. Securities and Exchange Commission (SEC) revealed suspicious movements of Terraform Labs’ funds. According to Reuters, the SEC discovered a payment of $166 million to the company’s lawyers from Terraform Labs. дальше »

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SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters. дальше »

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Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails

He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored. дальше »

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SBF lawyers file petition to reduce prison time to less than 6.5 years

Defense lawyers argue that Sam Bankman-Fried should be given a maximum prison sentence of between 63 to 78 months. дальше »

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In Lejilex vs. SEC, Crypto Goes on Offense in the Courts

The Texas-based crypto firm's new suit shows how the industry can use “impact litigation” to get regulatory clarity, lawyers Jake Chervinsky and Amanda Tuminelli write. дальше »

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Sam Bankman-Fried allowed to replace lawyers despite possible conflict

The founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, said his former lawyers will no longer represent him before his sentencing. According to Reuters, lawyer Mark Mukasey will now join the legal team. He will represent his interests over the… дальше »

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Sam Bankman-Fried Replaces Lawyers Ahead of Sentencing

Sam Bankman-Fried replaced his former lawyers, Mark Cohen and Christian Everdale, as he’s headed into sentencing negotiations. дальше »

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Alex Mashinsky wants to continue retaining SBF’s defense lawyers for his trial

Celsius co-founder and ex-CEO Alex Mashinsky intends to rely on the same lawyers used by former FTX CEO Sam Bankman-Fried (SBF) to defend him against the criminal charges filed by the Department of Justice’s Southern District of New York (SDNY) in July 2023, Bloomberg News reported on Feb. дальше »

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Celsius CEO selects Bankman-Fried lawyers for upcoming trial

Former Celsius CEO Alex Mashinsky has chosen to be represented by the same legal team as FTX’s Sam Bankman-Fried against allegations of wire fraud and artificially inflating the company’s token value. дальше »

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