CFTC Moves to Clear Gemini’s Record, Says 2022 Complaint ‘Should Not Have Been Filed’

The CFTC is moving to vacate its own consent order against Gemini, admitting the 2022 lawsuit never should have been filed, and closing the chapter on an enforcement saga that took down a presidential nomination along the way.

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WLFI Countersues Justin Sun for $300M Short Scheme as Pepeto Presale Closes Toward Listing

The World Liberty Financial WLFI token swung 12% higher on May 4 after the Trump backed venture filed a defamation lawsuit against Justin Sun in Miami, alleging the Tron founder moved $300 million to Binance to short WLFI per BeInCrypto, with the countersuit following Sun’s April fraud complaint and turning the dispute into a two […] The post WLFI Countersues Justin Sun for $300M Short Scheme as Pepeto Presale Closes Toward Listing appeared first on CaptainAltcoin.

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World Liberty Financial Sues Tron Founder, Justin Sun Over Defamation In Escalating Dispute

World Liberty Financial (WLFI) has definitely moved ahead with a defamation suit against Justin Sun and this marks another step towards escalation of an already nasty feud between the two parties. The complaint, filed in Florida, claims that Sun engaged in a coordinated media smear campaign with the intent of tarnishing the reputation of the [...]

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Federal Agency Sues New York Over Prediction Market Ban

The Commodity Futures Trading Commission sued New York to block the state from enforcing its gambling laws against federally registered prediction market exchanges. The complaint filed in the Southern District of New York seeks a declaratory judgment confirming federal preemption, plus a permanent injunction barring state action against CFTC-registered designated contract markets.

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Anthropic sues U.S. government over AI blacklist tied to military use dispute

Artificial intelligence developer Anthropic has filed a lawsuit against multiple U.S. government agencies, accusing the federal government of unlawfully blacklisting its technology after the company refused to allow certain military uses of its AI systems. The complaint, filed in the…

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Terra Classic price prediction as Terraform Labs files lawsuit against Jane Street

Terraform Labs’ bankruptcy administrator has filed a lawsuit in Manhattan accusing trading giant Jane Street of playing a key role in the 2022 collapse of Terra’s ecosystem. Terraform blames Jane Street insider trading for collapse The complaint alleges that Jane…

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Nevada sues Kalshi in fresh prediction market showdown

The Nevada Gaming Control Board has filed a civil enforcement action against KalshiEX LLC, accusing the federally regulated prediction market of offering unlicensed wagering in the state. Nevada moves to block Kalshi’s event trading In a complaint filed in Carson…

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Kevin O’Leary wins $2.8M defamation suit against Ben Armstrong

A Miami federal judge has entered a default judgment against Ben Armstrong, who failed to respond to Kevin O’Leary’s complaint accusing him of defamation.

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Spain’s anti-corruption prosecutor probes alleged €2 million fraud tied to Monovex

The Spanish Anti-Corruption Prosecutor’s Office has received a complaint alleging fraud, criminal organisation, and money laundering against the cryptocurrency platform Monovex. This scheme allegedly involved approximately one hundred persons and resulted in losses of €2 million.

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Kalshi files federal lawsuit against New York regulators

Kalshi has filed a lawsuit against New York regulators, as the state is looking to classify its sports event contracts as unlicensed gambling and enforce a cease-and-desist order threatening civil and criminal penalties.

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Gemini slams CFTC over alleged misconduct, calls seven-year probe baseless

The Winklevoss twins-owned crypto exchange Gemini has filed a formal complaint against the Commodity Futures Trading Commission (CFTC), pushing back against a legal battle from 2022. In a recently submitted 13-page letter to CFTC Inspector General Christopher Skinner, Gemini accused…

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U.S. SEC dismisses lawsuit against Binance crypto exchange

The U. S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.

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XRP Omitted in Coinbase Lawsuit: What's Reason?

Fresh complaint initiated against crypto exchange Coinbase

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Thai SEC files complaint against OKX for alleged regulatory violations

The Thai Securities and Exchange Commission has filed a complaint against OKX for operating without a license and other infractions. The Thai SEC has filed a complaint against OKX crypto exchange, citing multiple violations of Thailand’s digital asset regulations, as…

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Argentina’s President Milei under scrutiny after promoting and deleting post on cratered LIBRA token

Argentine lawyers have filed a fraud complaint against President Javier Milei after he promoted but then deleted a post on X about the LIBRA token, which later dropped in value. On Friday, Feb. 14, Argentina‘s President Javier Milei posted on…

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Binance and SEC file to stay case for 60 days

Plans to scale back crypto enforcement at the U.S. SEC materialized in court with a filing to resolve a complaint against Binance, the largest crypto exchange.

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US court grants Coinbase interlocutory appeal in case against the SEC

Coinbase can now seek guidance from the Second Circuit Court of Appeals to determine if the SEC’s complaints against it are valid The SEC first filed a complaint against Coinbase in 2023, arguing that it operated as an unregistered brokerage in violation of federal securities laws Coinbase has been granted an interlocutory appeal, temporarily pausing […] The post US court grants Coinbase interlocutory appeal in case against the SEC appeared first on CoinJournal.

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Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.

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‘XRP Is Not A Security’: Bitnomial Files Lawsuit Against SEC

Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC’s claim that XRP is a security. The complaint, lodged in the United States District Court for the Northern District of Illinois, seeks declaratory and injunctive relief against the federal regulator’s attempt […]

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SEC Places Heavier Scrutiny on Binance's Token Listing, Trading Process in Proposed Amended Complaint

The SEC filed its proposed amended complaint against Binance on Thursday with a greater emphasis on the exchange's token listing process.

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SEC backtracks on ‘crypto asset securities’ claim in Binance suit

In an amended complaint against crypto exchange Binance and former CEO Changpeng Zhao, the U.S. SEC stated it never intended to label cryptocurrencies as securities. While expanding the Binance lawsuit to include three more tokens, the Securities and Exchange Commission…

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The SEC ‘regrets confusion’ it may have invited stating some tokens are securities

The US Securities and Exchange Commission (SEC) has filed an amended complaint against Binance in the District of Columbia, introducing procedural updates and legal modifications to its original filing.

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TON Down 14% as Telegram CEO Pavel Durov Arrested in France

Durov's arrest stems from a warrant issued by France's OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram's lack of moderation and cooperation with law enforcement.

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Ripple’s Legal Battle Gains Momentum As SEC Drops Security Claims Against Multiple Cryptos

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Solana’s momentum bolstered as SEC’s amendments no longer consider SOL a security

The recent developments in the legal fight between the United States SEC and Binance brought optimistic news to the crypto community. The regulator has decided to revise its complaint against exchange Binance, seeking not to have to prove that assets such as Solana and Polygon are securities.

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SEC Intends to Amend Complaint in Binance Case

The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.

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SEC seeks complaint amendment to redefine crypto asset securities

The SEC is seeking to amend its complaint against Binance. The amendment would specifically address the definition of "Third Party Crypto Asset Securities" as outlined in a previous filing. The post SEC seeks complaint amendment to redefine crypto asset securities appeared first on Crypto Briefing.

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Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator

The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank's parent entity and its former executives on Monday.

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OpenAI hit with privacy complaint in Austria, potential EU law breach

Austrian data rights group Noyb filed a privacy complaint against OpenAI, accusing its ChatGPT of providing false information and potentially breaching EU privacy regulations.

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Consensys sues the SEC, wants court to declare Ethereum not a security

Consensys, a blockchain software technology company backing the Ethereum blockchain, has sued the US Securities and Exchange Commission (SEC). Consensys sues the SEC The lawsuit, filed in the District Court for the Northern District of Texas, concerns Consensys’ complaint against the SEC’s impending enforcement action against the company. Also key to the lawsuit is Consensys’ […]

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SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action.

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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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CFTC Files Lawsuit Against Voyager Digital And Former CEO For Fraud

The US Commodity Futures Trading Commission (CFTC) has taken legal action against Voyager Digital and its former CEO, Stephen Ehrlich.   The CFTC filed a complaint in the US District Court for the Southern District of New York, alleging fraud and registration failures related to the operation of the Voyager digital asset platform and an unregistered commodity pool.

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Alex Mashinsky seeks to drop FTC’s complaint entirely

Celsius Network CEO has asked the court to dismiss the complaints by the US Federal Trade Commission (FTC) against him, claiming that he did not violate any law.  Co-founder and former CEO of bankrupt crypto lending platform Celsius Network Alex…

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Celsius files adversary complaint against EquitiesFirst

The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is an Indianapolis-based private lending company that owed Celsius nearly $439 million worth of cash and bitcoin (BTC).

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Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets

EquitiesFirst, a private lender, owed Celsius $439 million of assets as of July 2022.

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U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap

A New York judge declined to "stretch the federal securities laws to cover the conduct alleged" in a proposed class action complaint seeking to hold Uniswap accountable for "scam tokens" issued on the protocol.

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Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint

A judge for the United States District Court of Southern New York dismissed a class action suit against Uniswap in a filing dated Aug. 30. The lawsuit, which targeted Uniswap Labs as well as venture capital defendants Paradigm, Andreessen Horowitz, and USV, claimed that the plaintiffs suffered financial losses due to investing in scam tokens […] The post Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint appeared first on CryptoSlate.

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CFTC Files Fraud Charge Against ‘Blockchain’ Entity That Claims To Grow Customer Funds

The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals.

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Ethereum Denied Non-Security Status In Latest Court Battle Against SEC

In a recent court ruling, Ethereum (ETH) was denied non-security status in a case against the U. S. Securities and Exchange Commission (SEC).   The court granted the SEC’s motion to dismiss the complaint for declaratory relief on whether Ethereum and the Ethereum Network are securities.

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Richard Heart’s $26 Million Tornado Cash Transactions Raise SEC Suspicions

The US Securities and Exchange Commission (SEC) has filed a complaint against Richard Schueler, also known as Richard Heart, alleging that he raised over $1 billion in unregistered securities offerings from retail investors in the United States and abroad.

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SEC Continues its Fight, Accuses HEX Founder of $1B Unregistered Securities Violation

The United States Securities and Exchange Commission has lodged a complaint against Richard Schueler, a well-known figure in the crypto community, accusing him of raising more than $1 billion through...

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SEC files complaint against Hex founder for allegedly offering unregistered securities

According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.”

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US Justice Department wants Bankman-Fried jailed

The US Justice Department had filed a complaint against Sam Bankman-Fried for allegedly tampering with witnesses. DOJ last week said Bankman-Fried had tried to discredit Caroline Ellison, a former colleague who’s now a key prosecution witness.

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Binance plans to seek dismissal of CFTC complaint

The filing did not list any of Binance’s arguments. CFTC filed a lawsuit against Binance in March, alleging the exchange intentionally violated U.S. laws. Leading crypto exchange Binance [The post Binance plans to seek dismissal of CFTC complaint appeared first on AMBCrypto.

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Binance and CZ file motion to dismiss CFTC’s lawsuit

Binance, its CEO Changpeng Zhao (CZ), and the company’s former compliance chief Samuel Lim seek to dismiss the complaint filed by the US CFTC. On March 27, 2023, the Commodity Futures Trading Commission took legal action against Binance for violating…

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Op-ed: SEC’s lawsuit against Binance demonstrates scope of its crypto enforcement efforts

On June 5, 2023, the SEC filed an extensive civil complaint against Binance Holdings Limited, its assorted affiliates, and its beneficial owner and CEO, Changpeng Zhao, alleging multiple violations of the Securities Act of 1933 and the Securities Exchange Act of 1934.

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Gemini Files Legal Complaint Over DCG and Genesis ‘Fraud Against Creditors’

Cameron Winklevoss of Gemini on Friday took to Twitter to detail a legal action against Genesis and its parent company, Digital Currency Group. The post Gemini Files Legal Complaint Over DCG and Genesis ‘Fraud Against Creditors’ appeared first on BeInCrypto.

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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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