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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Sui token struggles to regain despite denial of 'unfounded' allegations

The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea. Sui’s native SUI token has struggled to regain...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Google requests dismissal of AI data scraping class-action suit

Google argued in its motion to dismiss the claims that using publicly available information shared on the internet is not “stealing,” as claimed. Big Tech player Goog...

Cryptocoins News / Blockchain  - 2 years ago

Sui Network Redirects Additional 40M SUI, Totaling 157 Million

The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui...

Cryptocoins News / Blockchain  - 2 years ago

Terraform Labs Seeks Citadel Securities' Trading Data amid SEC Lawsuit

Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. Th...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX

The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store’s “name, goodwill, and brand recognition.”...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims

The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. The United States...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Circle admitted by judge as amicus curiae in SEC vs. Binance lawsuit: Report

The orders to pass the pending motion come just a day before the key hearing between Binance and the SEC on Oct. 12. United States District Judge Amy Berman Jackson of...

Bitcoin News / Bitcoin.com - 2 years ago

State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase

A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

UK financial watchdog restricts Binance partner from issuing crypto ads

The Financial Conduct Authority’s marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance. T...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Ripple's chief financial officer steps down amid SEC lawsuit

The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws. Kristina Campbel...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

EMAX investors given third and final chance at celeb promo suit

The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it. The plaintif...

Cryptocoins News / Blockchain  - 2 years ago

Sui Foundation Reallocates 117M SUI to Bolster Network Growth

Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-e...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe

Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action. Elon Musk has called for a “comprehens...

Bitcoin News / Bitcoin.com - 2 years ago

SEC Seeks Rejection of Coinbase’s Pushback Against Its Lawsuit

The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in cla...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

SEC asks judge to reject Coinbase’s motion to dismiss lawsuit

The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test....