The Ripple case, which has been in the district court for some time, may reach the U.S. Supreme Court before Congress creates a regulatory framework for the crypto industry, according to famous crypto...
Tag: Court
California Court of Appeal Signs Off on Uber and Lyft to Tag Drivers as Contractors
The verdict has helped bolster the recovery of both Uber and Lyft stocks in the pre-market today. The Californian Court of Appeals has overturned a lower court’s decision that sought to classify drive...
Crypto Company Paxos and the SEC Are Set to Duke It Out in Court
Crypto firm Paxos has said it’s expecting to face charges from the Securities and Exchange Commission (SEC) over its issuance of BUSD, the Binance-centered stable coin. It is believed by the financial...
UBER Stock Rises; LYFT Stock Lays as Gigs Win Case in Calif Court
Uber stock rises as the California court ruling favors ride-sharing apps. Lyft stock continues to fall and loses 2.87% intraday. The California court overturned a previous ruling, allowing Prop.22 to ...
Deaton Says Ripple Case Could Get to Supreme Court Before Congress Acts
The pro-XRP lawyer maintains that the courts will be the only source of clarity for the crypto space for the next two years. Attorney John E. Deaton has claimed that the United States Securities and E...
Uber And Lyft Can Treat Drivers As Independent Contractors, California Court Rule
Topline Companies like Uber and Lyft can continue to treat their California-based drivers as independent contractors, a state appeals court ruled on Monday, mostly upholding a ballot measure called Pr...
What Happens to Borrowers if The Supreme Court Quashes Biden’s Student Loan Forgiveness?
On Tuesday, the Supreme Court heard challenges to President Joe Biden’s student debt relief plan. The proposal, which would cancel between $10,000 and $20,000 in current debt for most borrowers,...
Ripple v. SEC court case update as of March 13, 2023
The cryptocurrency community is looking forward to the summary judgment in the legal case between Ripple and the Securities Exchange Commission (SEC), with the verdict speculated to come in by the end...
Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga
Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world...
Court Ruling May Spare Shaquille O’Neal and Naomi Osaka from FTX Lawsuit
Former NBA star Shaquille O’Neal and professional tennis player Naomi Osaka may avoid being held accountable in the collective lawsuit against cryptocurrency exchange FTX due to a lack of notification...
U.S. Department of Justice Appeals Court Decision Approving $1,300,000,000 Voyager Acquisition
The U.S. Department of Justice (DOJ) is appealing a recent court decision that approved Binance.US’ acquisition of embattled crypto lender Voyager Digital. In a new court filing, the DOJ is appealing ...
Here are the court cases that will shape the future of crypto
Policy • March 11, 2023, 4:51AM EST Episode 21 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Dragonfly Capital Legal Counsels Jessica Furr and Bryan Edelman....
Court Judgment Offers Renewed Hope to Binance Exchange
A New York judge has approved the acquisition of Voyager’s assets by Binance.U.S. Judge Michael Wiles noted he couldn’t keep holding up Voyager’s bankruptcy restructuring process. The decision would g...
VGX up 38% as court approves Binance.US’s Voyager deal
A federal bankruptcy judge in the United States on March 7 approved Voyager’s long-awaited restructuring plan with Binance.US. Following the news, Voyager’s token VGX soared by almost 38% in the last ...
Court Approves Binance U.S to Purchase Assets of Insolvent Voyager
6 seconds ago | 2 mins read Exchange News Voyager will sell Binance the assets worth $1 billion under the supervision of a US court. The judge voiced his displeasure with the SEC’s decision to halt th...
US Court Questions SEC’s Rejection Of Grayscale’s Bitcoin Fund
The judges at the US Federal Appellate Court questioned the Securities and Exchange Commission’s stance regarding the decision to reject Grayscale Investment’s application for a spot bitcoin exchange-...
US Court Allows Binance.US to Proceed Acquiring Voyager Assets
Amid all the back-and-forth over the last week, Binance.US has finally got the approval to acquire the assets of bankrupt crypto lender Voyager Digital. On Tuesday, March 7, Michael Wiles, a bankruptc...
SEC snubbed as Voyager wins court approval for sale to Binance US
Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US. The approval was granted by United States Bankruptcy Judge Michael Wiles on M...
Binance US wins court approval to acquire Voyager’s assets
Binance.US – the American subsidiary of Binance – has won the rights to acquire Voyager Digital’s assets, according to a report by Bloomberg. The bankruptcy judge of the Southern District of New York ...
Seychelles Court Approves CoinFLEX Restructuring Plan
A Seychelles court has approved the restructuring plan tabled by the Hong Kong-based crypto derivatives exchange CoinFLEX, the company said in a statement Tuesday. “We are pleased to confirm that on M...
GBTC Discount Collapses Due to Grayscale’s Unexpected Court Success
Alex Dovbnya The Grayscale Bitcoin Trust (GBTC) discount collapsed in value after oral arguments presented in federal court on Tuesday appeared to side with Grayscale in their legal fight against the ...
Whales Move Millions of XRP Tokens Amid Recent Court Ruling
7 seconds ago | 2 mins read Altcoin News Judge released her ruling on the parties’ petition to exclude expert evidence. Whales have traded over 364 million XRP, approximately worth $135 million. The ...
Grayscale Vs SEC: Grayscale’s Appeal Against SEC Ruling Takes Center Stage in US Appeals Court Today
Grayscale Investments, a digital currency asset manager, has been in a legal battle with the US Securities and Exchange Commission (SEC) over its proposed bitcoin exchange-traded fund (ETF) for severa...
US appeals court to hear Grayscale’s arguments against SEC ruling starting today
Ad The U.S. District Court of Appeals is set to hear Grayscale’s arguments against the SEC’s ruling to reject its spot Bitcoin ETF application in a few hours — the session will be streamed live. The S...
Coinflex says restructuring plan is approved by Seychelles court
Courts in the Seychelles, where crypto exchange Coinflex is based, approved its restructuring plans on Monday, according to a statement from the company. The court may publish the written order ...
XRP bulls target return to $0.38 on Ripple v. SEC court rulings
XRP is holding its support around $0.37; experts suggest XRP price is preparing for an up move after the SEC-Ripple case resolves. XRP price is slightly up in the last 24 hours after forming a green i...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison – Bitcoin News
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully...
XRP Lawsuit: Ripple Gains Upper Hand In New Court Ruling
XRP Lawsuit News: U.S. District Judge, Analisa Torres on Monday announced her decision on the motion to preclude expert testimony by both parties (Ripple and U.S. Securities and Exchange Commission). ...
Grayscale’s day in court is nearly here, but a major decision could take time
Grayscale is set to present oral arguments in its case against the U.S. Securities and Exchange Commission on Tuesday. The asset manager brought the case against the regulator for rejecting its ...