Crypto attorney John E. Deaton has predicted that the U.S. Securities and Exchange Commission (SEC) will only succeed in establishing that the blockchain payments firm Ripple sold XRP as a security fr...
Tag: Lawsuit
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
The United States Securities and Exchange Commission’s (SEC’s) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according t...
XRP vs. SEC Lawsuit: Policy Expert Pushes Back on Regulator’s Attempt To Keep Crucial Documents Sealed
A journalist is arguing to have critical documents released in the contentious legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Forbes senior contributor Roslyn...
Silvergate Bank as defendants in a proposed class-action lawsuit from an FTX user
In a newly proposed class-action lawsuit, Silvergate Bank and its CEO Alan Lane have been accused of “aiding and abetting” a “multibillion-dollar fraudulent scheme orchestrated by Sa...
Do Kwon, Terraform Labs Hit With SEC Lawsuit Alleging Securities Fraud ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) has sued Terraform Labs and its CEO Do Hyeong Kwon — better known as Do Kwon — for securities fraud...
Gensler In Support Of SEC’s Latest Lawsuit Against Terraform Labs
SEC Chair Gary Gensler sends his support for SEC’s actions in his recent tweet. SEC charged Terraform Labs PTE Ltd and Do Hyeong Kwon with defrauding investors in crypto schemes. The Twitter community...
US SEC files fraud lawsuit against Terraform Labs and Do Kwon
The US SEC has charged Do Kwon and Terraform Labs for committing securities fraud The SEC has also pressed fraud charges in relation to Chai payments The United States Securities and Exchanges Commiss...
Texas Sues Biden To Undo Congressional Spending Bill
Topline Texas is trying to invalidate the $1.7 trillion omnibus spending bill Congress passed in December, as state Attorney General Ken Paxton (R) filed a federal lawsuit Wednesday against the Biden ...
Pro-Crypto Lawyer Predicts No Settlement in Ripple vs SEC Lawsuit
The legal battle between blockchain company Ripple and the US Securities and Exchange Commission (SEC) rages on, with neither side backing down. According to pro-crypto lawyer John Deaton, the case is...
Stablecoin Markets Pick Winners and Losers Ahead of SEC Paxos Lawsuit
While the Securities and Exchange Commission’s lawsuit against Binance stablecoin issuer Paxos creeps forward, a growing list of crypto policies appear poised to be set in courtrooms. Even as those di...
Top Crypto Lawyer Reveals the Biggest Danger to Ripple in SEC Lawsuit
John Deaton, a prominent member of the cryptocurrency legal community and an advocate for XRP, has identified the primary risk that Ripple faces as a result of the SEC lawsuit. This observation comes...
FTX Series B Investors in Hot Water Due to Class-Action Lawsuit
Trouble deepens for FTX Series B Investors and the former team of bankrupt lending protocol Celsius as they fight more legal battles. The 2022 bear market consumed some of the largest crypto firms, su...
Court Lets Lawsuit Against Fox News Move Forward—Here’s Where Dominion And Smartmatic’s Defamation Suits Stand Now
Topline Voting company Smartmatic’s defamation lawsuit against Fox News and several of its anchors can move forward, a judge ruled Tuesday, also reinstating some claims against attorney Rudy Giuliani,...
Web3 legal expert says Ripple has ‘three-year headstart’ towards a resolution in SEC lawsuit
The ongoing legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple is touted to have a long-term effect on the future of the crypto industry. In this line, Jesse Hy...
Paxos Says It’s ‘Prepared to Vigorously’ Fight SEC Lawsuit
Paxos confirmed Monday it received a Wells Notice from the Securities and Exchange Commission, stating it’s prepared to take on the agency and any enforcement actions related to stablecoin Binance USD...
South Korean Regulators Keeping Eye On Ripple Vs SEC Lawsuit
Authorities in South Korea are closely monitoring the Ripple vs SEC lawsuit. The verdict in the case might have an effect on national regulation. A ruling in the Ripple vs SEC litigation is anticipate...
Paxos Halts BUSD Minting as SEC Prepares Lawsuit
The SEC is reportedly taking aim at the owner and issuer of the world’s third-largest stablecoin, Binance USD. The U.S. Securities and Exchange Commission plans to sue Paxos Trust for violating invest...
US SEC allegedly notified Paxos of an upcoming lawsuit tied to Binance USD (BUSD)
Join Our Telegram channel to stay up to date on breaking news coverage The US SEC has made a series of drastic moves targeting the crypto sector. First, it announced that unregistered staking is no lo...
SEC lawsuit against Paxos over BUSD baffles crypto community
Paxos Trust Company-issued stablecoin Binance USD (BUSD) being in the sights of United States regulators sparked various reactions from the crypto community. On Feb. 13, the United States Securities a...
Stablecoin Issuer Paxos Ceases BUSD Issuance After SEC Reportedly Threatens Lawsuit ⋆ ZyCrypto
Advertisement     In what will be seen as a major escalation in its crypto enforcement agenda, the Securities and Exchange Commission (SEC) is preparing to sue Paxos f...
CZ issues response to SEC vs. Paxos lawsuit
Ad Changpeng Zhao (CZ) confirmed the recent report that Paxos — a regulated blockchain infrastructure platform based in the US — has been directed to cease minting BUSD per instructions from the New Y...
Why The SEC Plans To File Lawsuit Vs. Stablecoin Issuer
Paxos Trust Company is on the hit list of the US Securities and Exchange Commission, who is out to slap the financial institution and technology company specializing in blockchain with a court case fo...
BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin
The Securities and Exchange Commission is reportedly planning to sue crypto firm Paxos. The enforcement action revolves around Binance’s BUSD stablecoin which is issued by Paxos. The regulator has all...
SEC to File Lawsuit Against Paxos for Issuing Binance USD
17 mins ago | 2 mins read Exchange News As per reports, the SEC sent out a letter to Paxos. According to the SEC, BUSD is an unregistered security. The U.S. Securities and Exchange Commission (SEC) in...
Paxos facing SEC lawsuit over Binance USD — Report
The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. it’s planning to sue the firm for violation of investor protection laws in relati...
Pro-Ripple Lawyer Takes Major Step in XRP Investor Lawsuit: Details
Tomiwabold Olajide Pro-Ripple lawyer achieves first important step in XRP investor lawsuit A motion for an amicus brief in the Zakinov v. Ripple case has been filed by the CryptoLaw founder and XRP ho...
Ripple Proponent John Deaton Joins Another Lawsuit in California, Here’s What it Means for XRP
John Deaton, an attorney, and proponent of XRP has joined yet another lawsuit against Ripple Labs, a San Francisco-based payments startup. Deaton has submitted a motion that will allow him to file an ...
Ripple Winning in SEC Lawsuit Would Be Bigger Than Settlement, Crypto Lawyer Gives Reasons
Speculation about a Ripple settlement with the SEC started to swirl around after FOX Business journalist Eleanor Terrett hinted that the regulator might soon make a big announcement. However, it turne...
Deaton and Over 75K XRP Holders Files Motion Challenging Lawsuit Claiming XRP Is A Security
Pro-XRP attorney John Deaton has requested permission to file an amicus brief on behalf of XRP holders in the lawsuit between Zakinov v. Ripple. The amicus brief attorney Deaton intends to file suppo...
Ruling Could Cut Off 40 Million Women’s Abortion Access, NARAL Study Says
Topline A ruling in a court case trying to ban abortion pills could have a dramatic effect in curbing abortion access nationwide—even after the Supreme Court already overturned Roe v. Wade—as new data...
Hermès Wins Lawsuit Against NFT Artist Mason Rothschild
Hermès has won its yearlong lawsuit against Mason Rothschild over what it considered an infringement of its intellectual property. In Jan. 2022, the French luxury brand, filed a lawsuit against Mason ...