Crypto Market News

Crypto Market News
фото показано с : coinstelegram.com

2023-7-19 16:19

Last week was marked by several interesting events. 

The main one is that the judge ruled that XRP is not a security in the SEC case against Ripple.

Judge Analisa Torres partially ruled in favor of the company in a case brought by the U.S. Securities and Exchange Commission (SEC) back in 2020. According to court documents, Judge Torres issued a summary judgment in favor of Ripple Labs, ruling that the XRP token is not a security, but only in relation to software sales on digital asset exchanges.

The price of XRP soared a few minutes after the news appeared. The case has been ongoing since December 2020, when the SEC sued Ripple and two of its executives over allegations of offering unregistered securities. But the SEC can appeal the decision, which may lead to its cancellation by a higher court.

Decentralized Chainlink Oracle Network (LINK) has launched its own Inter-network Communication Protocol (CCIP) for users with early access

Its task is to support internetwork applications and services. The innovative product works in Avalanche, Ethereum, Optimism and Polygon networks. Previously, it was successfully tested by 25 partners who started the migration process to the main network. Among them are the Aave decentralized finance protocol and the Synthetix liquidity platform.

 

Celsius Network fined $4.7 billion by the FTC, and CEO Arrested on fraud Charges

The US authorities have filed charges against the head of Celsius Alex Mashinsky in securities fraud, fraud with goods and fraud using electronic means. Former Revenue director Roni Cohen-Pavon and Mashinsky will also be charged with conspiracy, securities fraud, market manipulation and fraud using electronic means related to manipulation of the price of the Celsius token.

Mashinsky was arrested. The Commodity Trading Commission filed a complaint along with a $4.7 billion fine, alleging that its co-founders marketed the platform as a “safe place” for consumers to deposit their cryptocurrency, while misappropriating consumer assets worth more than $4 billion. On similar charges, the SEC also filed a lawsuit against the lender.

Europe’s First Bitcoin ETF to Debut in 2023 After a Year-Long Delay

Europe’s first Bitcoin spot exchange-traded fund (ETF) is due to launch before the end of the year. The Bitcoin ETF, created by London-based Jacobi Asset Management, was supposed to debut in July 2022, but was

This week, the first bitcoin futures contract in Latin America will be launched in Argentina, according to Matba Rofex, a trading platform.

New York prosecutor’s office accused the hacker of using the Solana exchange for $ 9 million

A former security engineer at an international technology firm has been arrested and charged with allegedly using a smart contract error to steal $9 million in cryptocurrency from a decentralized crypto exchange in Solana. The attack was carried out in July 2022 and consisted of exploiting a vulnerability in the exchange’s smart contracts to receive inflated commissions using instant loans.

The statement claims that the accused, Shakib Ahmed, “used his experience to deceive the exchange and its users and steal about $9 million in cryptocurrency.”

The indictment states that the U.S. Department of Justice will bring criminal charges if a person intentionally uses the protocol in a way that was not intended to be used.

Сообщение Crypto Market News появились сначала на Coinstelegram.

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Hodlonaut’s case with Craig Wright gets dismissed, new battle to take place in Norway

Hodlonaut has claimed a small, but significant victory against Craig Wright, as his libel case against the anonymous Twitter analyst has been dismissed by the High Court of Justice in the U. K. According to Hodlonaut, the legal battle will continue in Norway, as the court ruled the country had jurisdiction over the matter.

2020-1-16 17:42


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Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account

A court in Rio de Janeiro has ruled in favor of Brazilian crypto exchange Mercado Bitcoin in a case over the closure of one of its checking accounts. The judicial instance turned down an appeal filed by Banco Sicoob against a decision by the district court in Barra da Tijuca which granted the exchange the […] The post Brazilian Crypto Exchange Wins Legal Battle Over Closed Bank Account appeared first on Bitcoin News.

2019-2-10 05:40


Bitcoin Qualifies as Money in Case of First Impression in Florida’s Third District Court of Appeal

On Wednesday, Florida’s Third District Court of Appeal ruled that Bitcoin qualifies as money in a case that turned on whether the digital currency is driving financial crime. According to a post by the Daily Business Review; “The appellate court’s opinion reverses Miami-Dade Circuit Court Judge Teresa Pooler’s 2016 finding that digital or cryptocurrency could not […] The post Bitcoin Qualifies as Money in Case of First Impression in Florida’s Third District Court of Appeal appeared first on ZyCrypto.

2019-2-1 16:40


Bit Hit: The Case of the Dark Web Crypto Murder

In Illinois, a judge has ruled that a woman suspected of hiring a Dark web hitman must wear a GPS monitoring device, pending the result of her trial. The woman, who has been named as Tina Jones from Des Plaines, stands accused of, “four counts of solicitation of murder for hire, two counts of solicitation […] The post Bit Hit: The Case of the Dark Web Crypto Murder appeared first on ZyCrypto.

2018-12-19 08:48


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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal

After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law.

2018-10-30 18:59