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.

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Binance users want to serve Cristiano Ronaldo via X in a class-action lawsuit

Users of crypto exchange giant Binance, which filed a class-action lawsuit against Cristiano Ronaldo following his promotional deal with the exchange, now seek to use creative tactics to serve the soccer star.

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Judge brings forward pretrial conference in SEC vs. Coinbase litigation case

In the ongoing lawsuit between the Securities Exchange Commission (SEC) and Coinbase, the presiding judge has rescheduled the pretrial conference, moving it from its initial August 24 date to July 13.

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Coinbase Argues ‘Abuse of Process;’ Seeks to Dismiss SEC Case

In a bold move against the U.S. Securities and Exchange Commission (SEC), Coinbase has filed a motion to dismiss its SEC’s lawsuit. The motion, filed on June 29 in the...

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Coinbase responds to SEC’s lawsuit, says some tokens are not securities

Coinbase has asked the court to dismiss the lawsuit filed against the company by the US Securities and Exchange Commission (SEC), stating that the tokens mentioned in the lawsuit are not "investment contracts" and therefore do not qualify as crypto asset securities. 

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Coinbase slams SEC’s overreach in latest filing

Crypto assets listed on Coinbase are not securities, the exchange claimed. Coinbase responded to the SEC’s lawsuit which the regulator filed against it earlier this month. U.S. crypto exchThe post Coinbase slams SEC’s overreach in latest filing appeared first on AMBCrypto.

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Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’

Crypto exchange Coinbase has filed a motion to dismiss the U. S. Securities and Exchange Commission’s (SEC) lawsuit against it, describing it as an “extraordinary abuse of process,” according to a June 28 filing.

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SEC Has No Jurisdiction Over Cryptos on Coinbase's Platform, Exchange Claims in Response to Regulator's Lawsuit

U. S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U. S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit.

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BNB Market Cap Down By 25% In June Amidst Binance Regulatory Pressure

BNB, a native token of the Binance exchange, has seen a massive decline in its market shares following the global regulatory pressure on the trading platform.   Binance began experiencing regulatory troubles on June 5, when the United States Securities and Exchange Commission (SEC) filed a lawsuit against the exchange on the allegations of fraud and offering of unregistered securities, among others, and this has affected the performance of the cryptocurrency.

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FTX alleges former exec used ‘hush money’ to silence whistleblowers

The lawsuit claims that former compliance officer Daniel Friedberg paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.

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John Deaton Debates Ripple Security Claims as Holders Admit Lack of Research Before Buying XRP

As the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple drags on, lawyer John Deaton has found himself again at the centre of a heated debate surrounding the classification of XRP as a security.

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FTX Strikes Back: Sues Ex-Clinton Aide’s Investment Firm For $700 Million

According to a Reuters report, Bankrupt cryptocurrency exchange FTX has filed a lawsuit against K5 Global, an investment firm co-founded by Michael Kives, a former aide to Hillary Clinton. The lawsuit seeks to recover $700 million in investments allegedly made with misappropriated FTX funds.

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Supreme court rules in favor of Coinbase, issues order to move user lawsuit into arbitration

The U. S. Supreme Court ruled in favor of cryptocurrency exchange Coinbase in a dispute involving the enforcement of arbitration clauses on June 23, Reuters reported. The court issued an order to halt proceedings in one of the pending customer lawsuits — Bielski vs.

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Ethereum Staking Is Now Available in the United Kingdom on Gemini

Gemini, the Winklevoss-owned exchange, introduces Ethereum staking in the UK, enabling high-net-worth individuals and institutions to become Ethereum validators, despite the company facing a lawsuit from the US SEC.

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Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit

Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling.

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FTX files $700m lawsuit against investment firm tied to Hillary Clinton aide

Crypto exchange FTX sues former Clinton aide and investment firm over alleged misuse of $700 million in funds

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Binance engages former DOJ prosecutor to counter SEC allegations

Binance has enlisted the expertise of a former attorney from the Department of Justice (DOJ) to mount a defense against the lawsuit filed by the Securities and Exchange Commission (SEC)

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OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens

The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits.

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Binance.US Initiates Lawsuit, Alleging SEC’s Misleading Statements

A motion has been filed by lawyers representing Binance. US, Binance Holdings Limited (the global exchange), and Binance CEO Changpeng “CZ” Zhao. The motion alleges that the United States Securities and Exchange Commission (SEC) provided misleading statements regarding an ongoing securities lawsuit.

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Binance accuses SEC of ‘misleading’ statements on exchange assets

Lawyers representing Binance.US, Binance Holdings Limited, and CEO Changpeng “CZ” Zhao have filed a motion alleging that the US Securities and Exchange Commission (SEC) misled the public with statements made in an ongoing securities lawsuit. In a recent filing in…

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SEC vs Ripple: Hinman Documents Release Is A Boost To Ethereum: JPMorgan Analysts Share Opinion

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XRP Lawsuit: Ripple and SEC Align on Hinman Emails As Case Takes Interesting Turn

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Binance SEC lawsuit could dent crypto exchange’s global plans

The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance.

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Binance shows signs of recovery as the BNB dip continues. QUBE and PAXG show bullish signs

Binance, one of the leading cryptocurrency exchanges, has recently shown signs of recovery following the bombshell lawsuit filed by the U. S. Securities and Exchange Commission (SEC) in early June.

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Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'

The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission.

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Binance’s Financial Aid To ZachXBT In Defamation Lawsuit Fuels Debate In Crypto Circle

Amid Binance’s ups and downs in the crypto market, the exchange’s recent donation to prominent crypto on-chain sleuth ZachXBT has sparked controversy among the crypto community.  Last Friday, ZachXBT was sued by Jeffrey Huang, also known under his pseudonym, MachiBigBrother over a defamation case.

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XRP Lawsuit: Google Bard AI Predicts Outcome Of SEC Case — Major Win for Ripple Imminent?

The outcome remains uncertain in the riveting legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). However, a recent analysis from Google Bard AI sheds light on Ripple's potential for a significant victory.

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Binance.US Reaches Agreement With SEC On U.S. Operations Amid Ongoing Lawsuit

In the latest turn of events, Binance. US has struck an agreement with the United States Securities and Exchange Commission (SEC), allowing the crypto company to continue its operations even as it battles the fraud charges levied against it by the commission.

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Former SEC Director Says Judgment on Ripple vs SEC Lawsuit to Come Within Days — XRP to $10?

A long-time enforcement attorney-cum-regional director at the U.S. Securities and Exchange Commission (SEC) has predicted that Ripple’s long-standing tussle with the agency will conclude in days’ time.

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BlackRock Bitcoin ETF: Good Or Bad? What Are The Chances? Experts React

The rumor has come true: The world’s largest asset manager, BlackRock, has filed a Bitcoin spot ETF application with the US Securities and Exchange Commission (SEC). For custody and market price data, BlackRock is choosing Coinbase, despite the SEC lawsuit.

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SEC claims Binance CEO misused funds, but this Avorak AI Crypto’s algorithm can prove otherwise

Binance, the world’s largest cryptocurrency trading platform, is facing a significant lawsuit from the Securities and Exchange Commission (SEC). The lawsuit has raised serious allegations of fund misuse by its CEO, including allegations of misleading customers, directing funds to a company controlled by Binance CEO, and putting users’ assets at risk. However, a promising AI […]

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Binance to Withdraw from Cyprus Following SEC Lawsuit, Here’s a Catch

The leading global crypto exchange intends to eliminate its crypto trading license in Cyprus

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Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity

Ripple’s operations gear up in Europe and Asia despite an ongoing lawsuit with the U.S. Securities and Exchange Commission.

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Binance CEO Controversial Move: Selling Bitcoin To Save BNB?

The ongoing crackdown by the US Securities and Exchange Commission (SEC) on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.   The SEC recently filed a lawsuit against Binance.

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Binance sees largest Bitcoin inflow since SEC lawsuit

Quick Take Binance saw its largest inflow into the exchange yesterday since the SEC lawsuit, driven by a large whale, almost 3,500 Bitcoin ($66 million). This event raises questions as to why a large whale would deposit such a significant amount of Bitcoin while the exchange is currently facing a lawsuit with the SEC.

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Bitcoin trades at premium on Binance US as liquidity dries up

Bitcoin (BTC) is trading at a premium of over 1% on Binance. US as the exchange’s USD trading volume has dropped to new lows after the U. S. SEC’s lawsuit, according to CryptoCompare data.

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Former SEC Official: Binance Gearing Up for Criminal Prosecution

Binance, the world's premier cryptocurrency exchange, and its CEO, Changpeng Zhao, have enlisted the help of a high-profile lawyer, seemingly in anticipation of a criminal lawsuit

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Binance quietly tweaks its Terms of Use after SEC's lawsuit

After being charged by the U. S. Securities and Exchange Commission (SEC) last week, Binance has discreetly changed its Terms of Use, with the same likely to affect all those who use the exchange.

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Binance.US Market Depth Declines 76% in June Following SEC Lawsuit

Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit.

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Long-Term Bitcoin Holders Unfazed By Binance, Coinbase Lawsuits: Glassnode

Long-term Bitcoin holders are standing strong amidst the storm, undeterred by the recent lawsuit filed against Binance and Coinbase Exchange by the US Securities and Exchange Commission (SEC).  The resilience of these dedicated holders is evident as data from crypto markets analytics provider, Glassnode, reveals that the percentage of Bitcoin Long-Term Holder Supply sent to […]

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What Next for Cardano After SEC Lawsuit? $WSM & $YPRED Tokens Pump Despite Market Dip

The crypto landscape has been turbulent in recent days, particularly due to the U. S. Securities and Exchange Commission’s (SEC) allegations against certain major cryptos.   Cardano (ADA) is among those heavily hit by the SEC’s lawsuit, causing its value to drop over 25% in the past week.

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“This Is An Opportunity To Get Rule Clarity In Court”- Coinbase Stresses On The Positive Amid SEC Lawsuit

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Moody’s downgrades Coinbase amid SEC lawsuit

Moody's, the international credit ratings agency, has revised its outlook on Coinbase, the cryptocurrency exchange, from "stable" to "negative."

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Cardano (ADA), Polygon (MATIC), and Solana (SOL) to Be Dropped by Robinhood. What About Dogecoin (DOGE) and Shiba Inu (SHIB)?

In the wake of a recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC), Robinhood has announced its decision to cease support for Cardano (ADA), Polygon (MATIC), and Solana (SOL)

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Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuit

Coinbase CEO Brian Armstrong sold $1. 8 million worth of company shares on June 5, according to data from Dataroma, before news of the U. S. Securities and Exchange Commission (SEC) lawsuit against the company tanked its shares by more than 15% on June 6.

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BNB price analysis amid Binance’s shrinking market share & SEC lawsuit: Report

Binance is the world’s largest cryptocurrency exchange, and it’s not particularly close. Their dominance is to such a degree that it qualifies as extremely ironic, coming in an industry that points to the concept of decentralisation as one of its core pillars.

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Coinbase outlook downgraded from stable to negative – Moody’s

Quick Take Credit rating agency Moody’s has downgraded the crypto exchange Coinbase from “stable” to “negative. ” This decision comes after the June 6 lawsuit from the SEC.

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Binance.US to go ‘crypto-only’ as banking partners cut ties

Binance. US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its payment and banking partners suspended USD channels due to the Securities and Exchange Commission (SEC) lawsuit against Binance, and related entities, over allegations of breaching securities laws, including operating as an unregistered exchange.

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Binance US Stops All USD Transfers As SEC Intimidates Bank Partners

The bad news around Binance US does not stop. After the US Securities and Exchange Commission (SEC) brought forth its lawsuit against Binance’s US arm earlier this week, the US exchange has now announced that they are suspending USD deposits with immediate effect.

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