Ethereum Developer Consensys Scores Win Against SEC

A Texas judge has granted Consensys's request to expedite making a decision on whether or not the SEC can regulate Metamask

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Coinbase files motion to reinforce judge’s ruling on Binance case: Secondary market transactions not securities

Coinbase's filing challenges a recent court decision that allowed the SEC's lawsuit against Coinbase to proceed. The post Coinbase files motion to reinforce judge’s ruling on Binance case: Secondary market transactions not securities appeared first on Crypto Briefing.

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How will Ripple's latest legal battle affect XRP's price?

Did Ripple CEO Brad Garlinghouse mislead investors? Judge sets SEC's case against Ripple for trial Market sentiment remains optimistic over XRP’s future Ripple Labs has repeatedly hit the The post How will Ripple's latest legal battle affect XRP's price? appeared first on AMBCrypto.

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XRP Suffers Major Setback As Legal Expert Says Coin Set To Be Labeled A Security In California

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Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. This means the case would go to trial, and a jury would decide if the Ripple boss had misled investors into investing in the digital asset […] The post Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse appeared first on CryptoSlate.

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Judge signals likely continuation of SEC lawsuit against Kraken

A federal judge in California indicated that he is inclined to let the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken proceed, casting doubt on the exchange’s efforts to have the case dismissed, according to media reports.

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California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

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California Judge Dismisses Part of Civil Lawsuit Against Ripple, Sends Rest of Securities Case to Trial

A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

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SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco

The SEC's Salt Lake office is set to close after a judge's order the agency to pay $1.8 million due to a lawsuit against DEBT Box. The post SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco appeared first on Crypto Briefing.

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Judge orders the U.S. SEC to pay $1.8M in Debt Box case dismissal

Judge dismisses U. S. SEC’s case against Debt Box, orders SEC to pay $1. 8 million in fees. The Ruling cites SEC’s bad faith conduct in obtaining asset freeze order. Debt Box calls the court’s decision a significant victory against regulatory overreach.

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SEC Wins Case Against Crypto Influencer Ian Balina For Securities Laws Violation

On Wednesday, a Texas federal court judge ruled in favor of the US Securities and Exchange Commission (SEC) in the case against crypto influencer Ian Balina. The case is part of the Sparkster saga that started in 2018.

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UK High Court Exposes Craig Wright’s Fraudulent Bitcoin Inventor Claims

UK High Court Judge James Mellor delivers an approved judgment against Craig Wright, exposing his false claims of being Bitcoin's inventor. The post UK High Court Exposes Craig Wright’s Fraudulent Bitcoin Inventor Claims appeared first on BeInCrypto.

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Judge rules against Craig Wright in lawsuit claiming he is Satoshi Nakamoto

In a significant legal development, Judge James Mellor issued a written judgment on Monday regarding Craig Wright’s lawsuit against the Cryptocurrency Open Patent Alliance (COPA). Wright had claimed to be Satoshi Nakamoto, the elusive founder of Bitcoin.

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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.

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Crypto community reacts to Changpeng Zhao’s 4-month sentence

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence.  London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…

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Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.

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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.

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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 […]

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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.

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What a Judge Said About the SEC's Suit Against Coinbase

Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening.

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Ripple Ruling By Judge Torres Could Be ‘Thrown Out’: Fox Business Reporter

Fox Business Senior Correspondent Charles Gasparino has raised the possibility that the favorable ruling received by Ripple from Judge Analisa Torres against the US Securities and Exchange Commission (SEC) might not withstand higher judicial review.

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Court rules Custodia Bank not entitled to Federal Reserve master account

A Wyoming court has ruled against Caitlin Long’s Custodia Bank by determining that the lender is not entitled to a Federal Reserve master account. In a summary judgment on March 29, Judge Scott W.

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Court rules in favor of Apple in class action over crypto payment policies

A California judge dismissed a class action lawsuit against Apple that accused the tech giant of imposing restrictions on third-party crypto payments on March 26. District Judge Vince Chhabria said the complaint contained “several fatal problems,” including inadequately alleged agreements between Apple and other payment services.

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Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move forward.

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SEC Seeks $1.95B Fine in Final Judgment Against Ripple

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.

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Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.

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US judge rules in favour of FTX users against defunct Silvergate Bank

A San Diego federal court judge has merited a class action by FTX users against the defunct Silvergate Bank for its role in aiding fraud against them before the exchange collapsed. Judge Ruth Bermudez Montenegro declined Silvergate’s dismissal motion, finding the class action sufficiently justified for the bank’s dealings with FTX and its trading firm, […]

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US Judge Sanctions Gary Gensler’s SEC for Abuse in Crypto Case

US District Judge Robert Shelby sanctioned the SEC for abuse of power in its case against DEBT Box, casting a shadow over the SEC’s regulatory tactics. The post US Judge Sanctions Gary Gensler’s SEC for Abuse in Crypto Case appeared first on BeInCrypto.

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Federal court sanctions SEC for gross misconduct in Debt Box case

A United States district court has sanctioned the Securities and Exchange Commission (SEC) for demonstrating “bad faith” in its legal actions against Debt Box, a company accused of operating a $50-million fraudulent cryptocurrency scheme.

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SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules

A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.

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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).

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Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.

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Gemini and Genesis Can Be Sued by SEC Over Defunct Earn Product, Judge Rules

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.

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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…

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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.

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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.

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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.

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SEC v. Ripple: 16 companies granted a motion to file an amicus brief

The latest hearing for SEC’s lawsuit against Ripple saw the latter gaining a significant advantage The judge has given until 18 November for 16 companies to file their briefs More than twoThe post SEC v.

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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.

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LBRY Sold Tokens as Securities, Federal Judge Rules

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

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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.

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Hodlonaut Wins Norwegian Lawsuit Against Self-Proclaimed ‘Satoshi’ Craig Wright

In her ruling, Norwegian Judge Helen Engebrigtsen wrote that “Granath had sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he is Satoshi Nakamoto.”

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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.

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U.S. District Judge Allows LeXpunK and DEF Join Ooki DAO’s Defense Against the CFTC

A US Judge has allowed LeXpunK and DEF to Join Ooki DAO's defense, ordering the the CFTC to reconsider the Court ruling.

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US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC

A federal judge ruled late Wednesday that LeXpunK Army and the DeFi Education Fund could file friends of the court motions. The crypto advocates want to convince him that the CFTC should identify individual Ooki DAO members, rather than serve them all at once through a website portal.

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CryptoSlate Wrapped Daily: Judge rules in favor of Ripple against SEC; Bitcoin decouples from legacy markets

The biggest news in the cryptosphere for September 30 includes a court ruling in favor of Ripple against the SEC for the Hinman document, Bitcoin decoupling from the S&P 500 amid macro turmoil, and Crypto influencer Lark Davis denying ZachXBT’s accusations.

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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.

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Craig Wright v. Peter McCormack: Wright Put Forward 'False Evidence,' Will Receive Damages of One British pound

A judge has ruled that Dr Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, advanced false evidence in his defamatory case against YouTuber Peter McCormack.

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Craig Wright v. Peter McCormack: Wright Put Forward 'False Evidence,' Will Receive Damages of One British Pound

A judge has ruled that Dr Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, advanced false evidence in his defamatory case against YouTuber Peter McCormack.

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