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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit

Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws. The United States Securities and Exchange Commission overstepped...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance and CZ renew calls to dismiss CFTC lawsuit

Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsuit. Lawyers representing Bi...

Cryptocoins News / Blockchain  - 2 years ago

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

The Chamber of Digital Commerce has spearheaded a collective effort to defend Binance.US against the SEC's lawsuit. The chamber, along with Binance.US and other industry stakeholders, is challenging the SEC's regulatory approach, marking a significan...

Bitcoin News / Bitcoin.com - 2 years ago

Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management

XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securitie...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit

United States-based advocacy group, the Chamber of Digital Commerce, claims the SEC employs the enforcement-based method to classify digital assets as securities and impose penalties on c...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

European Banking Authority, ESMA issue crypto entity suitability guidelines

The joint guidelines include granting authorization for asset-referenced tokens issuance and crypto asset service providers’ conducting prudential assessments before potential acquisition...

Bitcoin News / Bitcoin.com - 2 years ago

SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’

The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and co-founder Chris Larsen. “The SEC made a serious mistake going after Brad & Chris personally ȁ...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen

The civil lawsuit against the Ripple executives had been ongoing since December 2020. Lawyers representing the United States Securities and Exchange Commission announc...

Bitcoin News / Bitcoin.com - 2 years ago

Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal

New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 bil...

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...