Binance Under Investigation in France for 'Aggravated' Money Laundering

Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks. дальше »

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Tether stops fighting freedom of information request, allows disclosure of reserve data

Stablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. дальше »

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Binance.US reportedly cuts 50 staff following SEC charges

Binance. US, the American counterpart of Binance, has laid off about 50 staff members across its legal, compliance, and risk departments. , Reuters reported June 15. Two Binance. US employees, who have not been identified, disclosed a “round of layoffs” on LinkedIn and said that they were leaving the company. дальше »

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Negative sentiments grip crypto market as investor confidence wanes

Crypto market sentiment hits rock bottom as legal battles and price decline instill fear. Market cap sees a decline as negative sentiment catches up with prices. When news broke out about thThe post Negative sentiments grip crypto market as investor confidence wanes appeared first on AMBCrypto. дальше »

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Ripple verdict could spark a new bull market — Or more malaise

SEC v. Ripple is a landmark legal battle that is going to shape how courts treat cryptocurrencies — and a ruling is due soon.

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XRP Army Discovers Clues Why Hinman Gave Ethereum A Free Pass, Not Ripple

The XRP community has been digging through the recently released 400+ pages of Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), examining why the former director of the SEC’s Division of Corporation Finance, Bill Hinamn, gave Ethereum (ETH) a free pass as a non-security. As NewsBTC […] дальше »

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Coinbase Chief Legal Officer Slams SEC’s ‘Flawed’ Plan For Exchange Registration

Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its authority and basing its proposed rules on unsubstantiated assumptions about cryptocurrency jurisdiction. дальше »

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Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal

The new filing is set to face legal opposition from borrowers. дальше »

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Bankruptcy Saga: Prime Trust Subsidiary Banq Joins The Queue

Recent legal disputes involving Prime Trust, a prominent custodian, and the temporary halt of TrueUSD (TUSD) minting have shed light on the challenges custodians face, as its subsidiary Banq declares bankruptcy. дальше »

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Bitcoin Depot at Center of Texas Legal Battle After Police Return Cash to Scam Victim

A legal battle is underway in a Texas county, pitting a crypto kiosk manager against a sheriff's office over an alleged scam involving a crypto ATM. The post Bitcoin Depot at Center of Texas Legal Battle After Police Return Cash to Scam Victim appeared first on BeInCrypto. дальше »

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XRP Lawsuit: Prominent Securities Attorney On Why The Released Hinman Emails Are A Huge ‘Nothingburger’

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Hong Kong lawmaker courts Coinbase amid US legal troubles

Hong Kong Legislative Council member Johnny Ng has contacted Coinbase in his bid to help the exchange register in the region, according to a June 14 tweet. Ng wrote: “I have already got in touch with Coinbase, and we will learn more about the development opportunities in Hong Kong together. дальше »

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Ripple’s top legal comments on recently revealed Hinman’s speech

In a Twitter thread, chief legal officer at Ripple Stuart Alderoty sheds light on the SEC’s lawsuit against Ripple. He reveals previously undisclosed information regarding Bill Hinman’s influential speech. дальше »

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SEC refuses to make any decision on Coinbase’s rulemaking petition

Last week, the US Court of Appeals for the Third Circuit ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s request for clarifying the rulemaking.  According to documents shared by the exchange’s chief legal officer (CLO) Paul… дальше »

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XRP Smothered In Red Despite Massive Whale Accumulation, Hinman Docs Release

XRP, the cryptocurrency at the center of the continuing legal battle between payment company Ripple and the US Securities and Exchange Commission, faces a crucial turning point with the unsealing of the highly-anticipated Hinman documents on Tuesday. дальше »

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Ripple Victorious As Hinman Materials Unsealed, Why is XRP Down?

In a significant development in the legal dispute between Ripple, a blockchain company utilizing XRP in its On-Demand Liquidity (ODL) solution for cross-border transfers, and the United States Securities and Exchange Commission (SEC), the Hinman materials have now been unsealed. дальше »

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Ripple CLO Demands Answers From SEC Over Hinman Speech Controversy

Five years after Bill Hinman delivered his speech on cryptocurrencies, Chief Legal Officer (CLO) at Ripple, Stuart Alderoty, has called for an investigation into the former Securities and Exchange Commission (SEC) official’s actions. дальше »

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Ripple’s chief legal officer calls for investigation after release of Hinman docs

XRP spiked to $0. 5668, marking a 10-week high, as documents related to former Securities Exchange Commission (SEC) Director William Hinman were made public. The SEC filed against Ripple in December 2020, alleging the company and two senior executives had raised $1. дальше »

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Ripple’s CEO sees release of Hinman documents as positive

Brad Garlinghouse, the CEO of Ripple, has expressed his anticipation for the upcoming release of the Hinman documents, hinting at potential positive implications for the legal status of XRP. дальше »

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Hinman speech contained “made-up analysis”, Ripple’s Chief legal officer says

Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC sued Ripple Labs in December 2020, alleging that the company illegally sold unregistered securities in the form of its XRP token. дальше »

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U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says

The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such as electric companies. дальше »

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Bitcoin Price Jumps Above $26,400 As CPI Turns Out Better Than Expected

The blockbuster week for crypto and Bitcoin gets rolling today. After the Hinman documents in the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) were released a few hours ago, the U. дальше »

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Ripple Vs. SEC: Hinman Docs Are Out, XRP Is Up 8%

The eagerly awaited “Hinman documents” in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have been published today! After the XRP price initially reacted moderately, the altcoin experienced a rise of about 6% at the time of writing. дальше »

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These altcoins gained the most as SEC’s legal drama cools down

As the heat around Binance and Coinbase cools, the global crypto market gains correction despite the industry’s regulatory pressure in the US. Here are the top three crypto assets of the past 24 hours. Sui (SUI) SUI token ranks at… дальше »

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Investing Platform eToro to Delist 4 Cryptocurrencies for U.S. Users Next Month

eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities. дальше »

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Investing Platform eToro to Delist Four Cryptocurrencies for U.S. Users Next Month

eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities. дальше »

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3 Major Court Events Happening Today in Crypto

Cryptocurrency market could be on verge of fundamental shift after these legal events happen дальше »

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Crypto market recovers as SEC lawsuits’ heat falls

The US Securities and Exchange Commission (SEC) took legal action against the crypto industry over the past week. However, data shows that the heat around the SEC lawsuits has fallen while the prices gain corrections. The regulator sued Binance and… дальше »

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Ripple CEO Brad Garlinghouse Says Hinman Documents Are “Well Worth the Wait”

In a new tweet, Ripple CEO Brad Garlinghouse claims that the highly anticipated “Hinman documents” were “well worth the wait,” hinting at their potential significance in the ongoing legal battle between Ripple and the U. дальше »

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Binance.US hires former SEC enforcement official amid lawsuit: Report

Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. дальше »

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Crypto gaming sector hit hard as Nexo outperforms tokens listed in SEC lawsuits

The fallout from the U. S. Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase is starting to play out in the market. The legal action sent shockwaves throughout the crypto market, affecting many tokens in the lawsuits as evidence that the exchanges have been trading crypto securities. дальше »

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Binance Removes 10 BNB Trading Pairs

Binance's move could be result of ongoing legal battle with SEC дальше »

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SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan

Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said. дальше »

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Ex-SEC executive says U.S. DOJ likely to bring criminal charges against Binance

Binance’s legal troubles are set to worsen, believes John Reed Stark, former chief of the Securities and Exchange Commission (SEC) Office of Internet Enforcement. As per Stark, the U. S. Department of Justice is likely working behind the scenes to bring criminal charges against Binance and its executives. дальше »

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Bitcoin’s SOPR ratio suggests strong interest as price recovers

Bitcoin’s (BTC) price witnessed an instant fall on June 5, as the US Securities and Exchange Commission (SEC) decided to take legal action against Binance and Coinbase. The asset’s price fell from around $26,800 to $25,500 within 18 hours after… дальше »

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The Undisclosed Impact Of SEC Lawsuits On The Cryptocurrency Market

The cryptocurrency industry has grown and fluctuated significantly in recent years. The regulatory environment pertaining to cryptocurrencies, however, continues to be intricate and dynamic. The Securities and Exchange Commission (SEC), one of the most powerful regulatory authorities in the United States, has been actively investigating the sector and bringing legal actions against significant firms as […] дальше »

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Ooki DAO Forced to Cease Operations Following Landmark Legal Clash with CFTC

Landmark Court Battle Forces Ooki DAO to Permanently Cease Operations and Pay Hefty Penalty After a significant legal clash with the Commodity Futures Trading Commission (CFTC), Ooki DAO has been handed a default judgment order by a United States district judge. дальше »

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SEC v. Cardano: Legal Expert Slams Allegations as Weak, Here's Why

Expert analysis reveals why SEC's case against Cardano crumbles дальше »

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The Journey Of Bitcoin Legalization In El Salvador: A Two-Year Review And Future Prospects

Two years have passed since El Salvador became the first nation in the world to recognize Bitcoin as legal tender. It’s unclear how the decision will ultimately affect the nation, which was received with both excitement and cynicism. дальше »

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Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler’s Digest, June 4-10

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts. дальше »

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Crypto.com Pauses US Institutional Trading Service Following Regulatory Pressure

Crypto.com, one of the world’s largest crypto exchanges, has halted its institutional trading platform for US clients. The release of this news comes in the wake the Securities and Exchange Commission’s (SEC) decision earlier this week to take legal action against two of the most well-known cryptocurrency exchanges; Coinbase and Binance. Shutting Down Institutional Service […] дальше »

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SEC’s legal battles with Binance, Coinbase could reshape the crypto landscape

The post SEC’s legal battles with Binance, Coinbase could reshape the crypto landscape appeared first on CryptoSlate.

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Crypto Queen Adviser, Under House Arrest, Goes Missing Before Facing US Justice

The Crypto Queen accomplice, like his former boss Ruja Ignatova, has disappeared prior to facing legal proceedings in the United States.   Frank Schneider, who worked as the “crisis manager” and security advisor for OneCoin’s mastermind Ignatova, is currently evading authorities and is being pursued by the French legal system. дальше »

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XRP Lawsuit: Legal Experts Highlight Likely Outcome Of SEC vs Ripple Final Ruling On the Crypto Industry

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U.S. regulator CFTC wins Ooki DAO lawsuit

Ooki ordered to pay $643,542 in penalty, stop its operations and close down its website. In contrast to CEXs, DAOs had so far escaped legal scrutiny due to their decentralized nature. The U. дальше »

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The EU Goes Ahead Of The U.S In Crypto Adoption Regulations

The establishment of the legal framework for digital assets in the European Union (EU) through the Markets in Crypto-assets (MiCA) regulation is indeed a significant development for the crypto industry. дальше »

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Ooki DAO to pay $643K fine after CFTC’s court victory

The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal accountability. дальше »

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Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns

Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »

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The SEC Has Started an All-In Political Battle Over Crypto

The SEC's lawsuits against Binance and Coinbase are likely to play out across the U.S.'s legal and political system over several years, says Michael Casey. дальше »

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Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer

Tarbert will guide the company’s global strategy as it contends with regulatory issues in the U.S. дальше »

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