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Astrals NFT Lawsuit Ends With $11 Million Deal From Shaquille O’Neal
NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project. Related Reading: Social Media Breach Hits Giggle Academy, Binance Founder Reacts O’Neal and his Astral NFTs co-creators were the respondents in a class suit filed last May 23, 2024. The plaintiffs argued that the […] дальше »
2024-11-21 19:00 | |
Bitwise pushes to convert $1.3b crypto trust to ETP on NYSE
NYSE Arca has submitted a filing to list the $1.3 billion Bitwise 10 Crypto Index Fund, aiming to convert it into an exchange-traded product. NYSE Group’s NYSE Arca has filed to list the $1.3 billion Bitwise 10 Crypto Index Fund,… дальше »
2024-11-18 10:16 | |
Investors withdraw appeal in Dogecoin case against Elon Musk
The lawsuit alleging that Elon Musk and his electric vehicle company Tesla manipulated the price of the meme coin Dogecoin is nearing its conclusion. Investors who filed the class action lawsuit have withdrawn their appeal, Reuters reported on Nov. 15.… дальше »
2024-11-16 19:39 | |
Goldman Sachs owns more than $710m in Bitcoin ETF
Goldman Sachs’ latest SEC filing revealed that the global investment firm holds approximately $718 million worth of shares in eight Bitcoin ETFs. According to Goldman Sachs‘ 13F report filed with the United States Securities and Exchange Commission on Nov. 14,… дальше »
2024-11-16 17:00 | |
Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges. дальше »
2024-11-18 03:08 | |
The FTX co-founder proved ‘outstanding assistance’ to the US authorities. What awaits him now?
FTX co-founder Gary Wang, convicted of misusing funds at a fictitious crypto exchange, may face punishment after his case goes to trial. On Nov. 13, prosecutors in the U.S. District Court for the Southern District of New York filed a… дальше »
2024-11-15 01:48 | |
Bitwise files to convert its 10 Crypto Index Fund into an ETP
Bitwise has filed to list BITW as an ETP on NYSE Arca, enhancing liquidity and regulatory protections for investors. The post Bitwise files to convert its 10 Crypto Index Fund into an ETP appeared first on Crypto Briefing. дальше »
2024-11-15 01:35 | |
Crypto Legal Battle: 18 States Accuse SEC Of Unconstitutional Regulatory Actions
In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its commissioners on Thursday. дальше »
2024-11-15 23:43 | |
DOJ targets $16 million in Binance account tied to Sam Bankman-Fried foreign bribery case
The US Department of Justice (DOJ) filed a civil forfeiture complaint to seize approximately $16 million in assets from a Binance account connected to an FTX bribery case, according to a Nov. 12 court filing. дальше »
2024-11-13 17:09 | |
Canary Capital files for first HBAR Spot ETF with SEC
Canary Capital has officially filed an S-1 registration with the U.S. SEC for an exchange-traded fund centered on Hedera’s HBAR token. If approved, this would be the first HBAR (HBAR) spot ETF, allowing investors to gain exposure to the value… дальше »
2024-11-13 21:42 | |
Alameda’s Trabucco forfeits Yacht, $70m in claims to FTX estate
Former Alameda co-CEO Sam Trabucco will forfeit real estate and luxury assets to the FTX, according to a proposed settlement filed in court. дальше »
2024-11-12 00:02 | |
FTX files $1.8 billion lawsuit against Binance and Changpeng Zhao
In an escalating legal conflict that underscores the fragility within the cryptocurrency sector, bankrupt crypto exchange FTX has filed a lawsuit against Binance Holdings Ltd. and its former CEO, Changpeng Zhao (CZ), seeking to reclaim nearly $1. дальше »
2024-11-11 14:06 | |
FTX sues Binance and Changpeng Zhao for $1.8 billion over alleged financial sabotage
Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1. 8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. дальше »
2024-11-11 13:04 | |
FTX-tied Alameda Research files lawsuit against Waves founder
Alameda Research, a subsidiary of the bankrupt crypto exchange FTX, has sued Sasha Ivanov, the founder of the Waves blockchain, over $90 million tied to Vires.Finance. FTX‘s sister hedge fund Alameda Research has filed a lawsuit against Waves founder Sasha… дальше »
2024-11-11 11:33 | |
FTX sues Crypto.com to recover millions linked to Alameda Research
FTX has filed a lawsuit to recover over $11 million from a Crypto.com account allegedly controlled by its sister company, Alameda Research. The lawsuit, detailed in a court document dated Nov. 8 and obtained by crypto.news, alleges that Alameda opened… дальше »
2024-11-9 19:47 | |
FTX Co-Founder Gary Wang Begs Judge For Freedom: Will He Escape Jail Time?
Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time over his supposed involvement with the failed FTX since he was a key witness […] дальше »
2024-11-8 08:00 | |
Binance challenges SEC lawsuit crypto classification in court motion
Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission’s (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao’s legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security. дальше »
2024-11-6 19:20 | |
Binance and CZ’s lawyers file motion to dismiss SEC’s lawsuit
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint submitted by the SEC last month in the ongoing legal battle. In a Nov. 4 filing, the lawyers representing Binance(BNB) and CZ… дальше »
2024-11-5 14:52 | |
XRP Price Prediction: Ripple-SEC Battle Puts Market On Edge After Appeal, Investors Move To ETFSwap (ETFS) For Better Prospects
Sequel to the Ripple-SEC battle, the US SEC recently filed a Form C civil appeal. While the SEC is not appealing the $125 million fine ruling, its Form C appeal targets certain legal decisions made during the case. дальше »
2024-11-5 20:45 | |
SEC Takes Aim At IMX: Immutable Faces Potential Lawsuit Over Token Sales
The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC’s contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0. дальше »
2024-11-2 00:00 | |
XRP ETF Moves Closer To Reality As 21Shares Files S-1 With SEC
On Friday, crypto asset manager 21Shares filed an S-1 registration form for a spot XRP ETF with the US Securities and Exchange Commission (SEC) to establish the 21Shares Core XRP Trust. This filing follows similar applications from other firms, including Canary Capital and Bitwise in the past months, as interest in crypto ETFs surges, particularly […] дальше »
2024-11-2 20:02 | |
Reddit Sells Most Of Its Crypto Holdings As Ethereum Sees Positive Futures Sentiment
Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move […] дальше »
2024-11-1 02:32 | |
Canary Capital Files Solana ETF with SEC: What Investors Should Know
Canary Capital has filed with the SEC for a spot Solana ETF, offering simplified Solana exposure but facing regulatory approval challenges. The post Canary Capital Files Solana ETF with SEC: What Investors Should Know appeared first on BeInCrypto. дальше »
2024-10-31 09:56 | |
NYSE Arca seeks regulatory nod for Grayscale crypto ETF
NYSE Arca is seeking regulatory approval to list an ETF of the Grayscale Digital Large Cap Fund. Grayscale recently filed to have go ahead to convert the fund to a spot ETF. Securities exchange NYSE Arca is seeking regulatory approval to list a new crypto exchange-traded fund by Grayscale. дальше »
2024-10-31 22:31 | |
FTX sues KuCoin to recover $50 million in withheld assets
Bankrupt crypto exchange FTX has filed a lawsuit to recover over $50 million in assets allegedly withheld by KuCoin, according to court documents filed on Oct. 28. The assets were reportedly held in a KuCoin account belonging to the now-defunct Alameda Research, which filed for Chapter 11 bankruptcy in November 2022. дальше »
2024-10-30 16:20 | |
FTX reaches $228 million settlement with Bybit amid bankruptcy efforts
FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate. дальше »
2024-10-29 14:30 | |
Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling
Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a de novo standard of review Ripple’s cross-appeal follows a week after the SEC filed its cross-appeal against a previous ruling that partially favored Ripple Ripple […] The post Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling appeared first on CoinJournal. дальше »
2024-10-26 15:27 | |
Ripple Files Civil Appeal Pre-Argument Statement Against SEC: Key Takeaways
On Thursday, October 24, Ripple Labs filed the Civil Appeal Pre-Argument Statement, known as Form C, in its case with the US Securities and Exchange Commission (SEC). This document outlines the critical issues the company intends to present on appeal, each subject to a de novo standard of review, meaning the appellate court will re-examine […] дальше »
2024-10-25 09:10 | |
Back to crypto past: SEC didn’t appeal key XRP ruling, but that’s not the end of the story
Ripple’s chief legal officer, Stuart Alderoty, confirmed that the U.S. Securities and Exchange Commission has not appealed the court’s ruling that XRP is not a security. The lawyer’s comment was in response to the news that the SEC filed a… дальше »
2024-10-22 22:34 | |
Coinbase files FOIA requests targeting FDIC over crypto banking restrictions
Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US. The new requests are directed at the Federal Deposit Insurance Corporation (FDIC) and were filed by History Associates Incorporated on behalf of the exchange. дальше »
2024-10-22 22:15 | |
Litecoin (LTC) founder is optimistic about spot ETF approval
Litecoin received a major boost last week when asset management platform Canary Capital filed for the listing of a spot Litecoin exchange-traded fund. Now Litecoin founder Charlie Lee says he believes the US Securities and Exchange Commission will give a greenlight for the spot Litecoin ETF. дальше »
2024-10-22 21:49 | |
Blockchain.com executives face court for submitting company records late
Nicolas Cary and Al Turnball received a summons from Companies House in May Blockchain. com blamed the late filing on a restructuring of the company and a “significant reduction in the wider group’s workforce” The company filed business accounts for the year ending 2020 in October London-based Blockchain. дальше »
2024-10-22 12:44 | |
Pro-Ripple Lawyer John Deaton Defends XRP in Heated Debate with Senator Warren
Pro-Ripple lawyer John Deaton came out to defend XRP during a heated debate with Massachusetts Senator Elizabeth Warren. During the debate, Deaton defended his role in representing Ripple against the lawsuit filed by the US Securities and Exchange Commission (SEC), saying he wanted to protect retail investors. дальше »
2024-10-21 09:05 | |