Cryptocoins News / Blockchain - 2 years ago
Crypto exchange Kraken has requested dismissal of an SEC lawsuit, asserting that it poses a threat to commerce by overextending regulatory reach. (Read More)
by COINS NEWS - 2 years ago
The SEC’s suit against Kraken has “has no limiting principle” and gives the agency too wide of an authority, the crypto exchange argues. In an accompanying blog post, the crypto exchange stated: “The SEC’s theory is that there can be an investm...
Bitcoin News / Bitcoinist - 2 years ago
A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the...
Cryptocoins News / CoinJournal - 2 years ago
Grand Cayman, Cayman Islands, February 15th, 2024, Chainwire
Wormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month — more than all other blockchains combined.
Sui, a Layer 1 blockchain that has exper...
Bitcoin News / Bitcoinist - 2 years ago
In the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC), speculation regarding a potential settlement has been met with skepticism and outright dismissal by several legal authorities closely monitoring the case. Thi...
Bitcoin News / Bitcoinist - 2 years ago
In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement.
Intriguingly, the outcome of the ca...
Bitcoin News / Bitcoin.com - 2 years ago
In the ongoing court battle over the identity of Bitcoin’s creator, Craig Wright continues to face accusations that he forged documents to support his claim of being Satoshi Nakamoto. However, Wright maintains the documents were faked by others...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, Genesis Global, the bankrupt cryptocurrency lender, has settled a lawsuit filed by New York Attorney General Letitia James, as reported by Bloomberg.
The lawsuit alleged that Genesis defrauded customers of its now-terminate...
Cryptocoins News / Finance Magnates - 2 years ago
The New York Attorney General Letitia James has expanded
her legal pursuit against Digital Currency Group (DCG), its CEO, Barry Silbert,
and Genesis Global Capital. The amended complaint, following the initial lawsuit filed last year, exposes an addi...
Bitcoin News / Bitcoin.com - 2 years ago
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor loss...
Cryptocoins News / Blockchain - 2 years ago
Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto sector. (Read More)
Cryptocoins News / Blockchain - 2 years ago
NBA faces $4.2 billion class-action lawsuit for alleged negligence in marketing partnerships with Voyager Digital, focusing on unregistered securities and celebrity endorsements in cryptocurrency. (Read More)
Bitcoin News / Bitcoinist - 2 years ago
Fred Rispoli, senior managing partner at Hodl Law, has shared his updated view on the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC) via X (formerly Twitter). This updated prediction comes after the SEC gained a partia...
Bitcoin News / Bitcoinist - 2 years ago
A significant development has occurred in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs. The SEC has succeeded in its motion to compel the blockchain payment company to produce its 2022-2023 financia...
Bitcoin News / Bitcoinist - 2 years ago
A group of creditors of the bankrupt crypto exchange FTX filed an adversary lawsuit in response to the proposed payout plans, seeking to establish that deposits are their property rather than FTX’s.
The proposed plan of the defunct exchange wo...
Bitcoin News / Bitcoin.com - 2 years ago
Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market collap...
Bitcoin News / Bitcoin.com - 2 years ago
The High Court of Singapore has denied Three Arrows Capital’s (3AC) attempt to dismiss a lawsuit by Defiance Capital founder Cheong Jun Yoong, affirming the legal standing of digital assets in trust disputes.
Singapore Court Upholds Defia...
Bitcoin News / Bitcoinist - 2 years ago
Genesis Global, a Digital Currency Group (DCG) subsidiary, has reached a settlement agreement with the US Securities and Exchange Commission (SEC) to end a civil lawsuit.
The regulator accused the bankrupt crypto lender of violating securities rules...