After the back and forth between Ripple and the SEC, both parties have filed motions for summary judgment. The Securities Exchange Commission (SEC) and Ripple have each asked for a summary judgment in...
Tag: Legal
SEC Acting Outside Its Legal Limits; Ripple Counsel Claims
The U.S. Securities and Exchange Commission (SEC) and RIpple defendants finally submitted their motion of Summary Judgement in the crucial XRP lawsuit. However, this also kicks off the curiosity and a...
Legal Battle between Ripple Labs and SEC Seek End Game
Ripple’s legal battle with the US Securities and Exchange Commission (SEC) has entered the summary judgment phase after both parties submitted their respective motions. On Sunday, September 18, ...
Do Kwon is not in Singapore, according to police: Reuters
Singapore police said in a statement late Saturday that Terraform Labs founder Do Kwon, who is wanted by South Korean authorities, is not in the city-state, according to reporting by Reuters. Singapor...
Possession of Bitcoin still legal in China despite the ban, lawyer says
Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property protected by the law. One of the wor...
Brazil’s jailed ‘bitcoin pharaoh’ will have to sit out next month’s election
A Brazilian court unanimously moved to prohibit “bitcoin pharaoh” Glaidson Acácio dos Santos from running for office because of his company’s alleged role in a pyramid scheme. Dos Sa...
Shannon Bream Brings Legal Expertise—And 80s Music—To ‘Fox News Sunday’
Shannon Bream on the set of ‘Fox News Sunday’ Fox News Channel If you were looking for signs that this was no longer Chris Wallace’s Fox News Sunday, perhaps all you needed to do was liste...
Google’s $4B Fine May Threaten Web3 Protocols, Legal Expert Says
“Should a Web3 company develop an operating system, platform or aggregator, the Android ruling holds that pre-installing apps is likely illegal,” Schrepel, an associate professor of law at Amsterdam L...
Elon Musk, Dogecoin, Cybertruck – Here’s How Tesla Boss Trolls Recent Twitter Legal Case
Yuri Molchan Tesla chief has posted link to piece of Cybertruck-themed merch, saying you need to “blow the whistle” and “pay in DOGE” Contents “Blow the whistle” an...
Ripple vs. SEC: New Lawsuit Filings Will Impact Crypto Space for Years To Come, Says Legal Expert
A legal expert who is closely following the U.S. Securities and Exchange Commission’s (SEC) crypto case against Ripple says the outcome of the lawsuit could impact “the entire space for years to come....
Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
Ether, the second-biggest crypto in market value, followed a similar pattern and was changing hands under $1,600, a roughly 6% decline from a day earlier as inflation worries trumped Merge excitement....
Federal Trade Commission seeks entry into Celsius bankruptcy case
The Federal Trade Commission filed Tuesday to join the bankruptcy proceedings of crypto lender Celsius. According to court documents, FTC attorneys Katherine Aizpuru and Katherine Johnson have asked ...
Ex-Coinbase manager’s brother pleads guilty in first crypto insider trading case: Reuters
The brother of a former Coinbase product manager pleaded guilty to a wire fraud conspiracy charge in connection with an ongoing insider trading case, according to Reuters. Nikhil Wahi, brother of ex-C...
Bitcoin’s Health May Hinge on a Legal Feud in Norway
“Despite the excellent legal representation that we developers have right now, the lawsuits still consume time and emotional energy, for some more, for some less,” the anonymous developer said. ...
SEC Could Soon Settle With Ripple If These Two Key Scenarios Unfold, Say Crypto Legal Expert ⋆ ZyCrypto
Advertisement     As the contentious legal spat between Ripple and the U.S Securities and Exchange Commission (SEC) rages on, the crypto community’s anticipation of re...
Algorand Foundation Seeks ‘Legal Remedies’ to Reclaim $35M Hodlnaut Deposit
The Algorand Foundation, a not-for-profit organization that supports the development of the Algorand ecosystem, has deposited $35 million in the stablecoin USDC to Hodlnaut, the embattled Singapore-ba...
This Week on Crypto Twitter: Gary Gensler May Want Ethereum Under SEC Control, Tonga to Make Bitcoin Legal Tender
Illustration by Mitchell Preffer for Decrypt Broadly speaking, markets recovered this week despite extremely volatile midweek price movements from the leading cryptocurrencies. Over on Twitter, pundit...
Florida man pleads guilty to securities fraud charge in $100 million crypto Ponzi scheme
A Florida resident pleaded guilty to a securities fraud conspiracy charge in a case involving a crypto Ponzi scheme said to have netted as much as $100 million from customers. The Department of Justic...
Tether lawsuit judge sets hearing to discuss Roche Freedman concerns
The federal judge presiding over the Tether class action has set a hearing for Oct. 3 to discuss requests made by parties involved to remove embattled law firm Roche Freedman from the case. U.S. Distr...
Chainalysis and US law enforcement recover $30 million from Ronin exploit
Blockchain analytics firm Chainalysis and US law enforcement recovered $30 million in stolen crypto from the North Korea-linked hack on Ronin, the main blockchain for the web3 play-to-earn game Axie I...
Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry – Coinotizia
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. Accordin...
Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry – Regulation Bitcoin News
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. Accordin...
Zipmex stands in a fix as Thailand’s SEC pulls exchange in legal battle
Thailand’s Securities and Exchange Commission (SEC) filed a police complaint against cryptocurrency exchange Zipmex. The complaint was filed after the exchange failed to deliver information related to...
One Year On, Salvadorans Unconvinced of Bitcoin as Legal Tender
Since El Salvador became the first country to introduce Bitcoin as legal tender one year ago, usage there has largely stagnated according to multiple surveys. But while the government claims it has br...
El Salvador: One year of BTC legal tender, here’s how Bukele fared
Exactly one year ago on 7 September, El Salvador President Nayib Bukele laid out a vision for his people. A vision to revolutionize his country’s economy and reimagine foreign remittances by leveragin...
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal fre...
An Idealistic Lawyer Serves Up Legal Advice In K-Drama ‘Law Cafe’
Lee Se-young and Lee Seung-gi combine their legal acumen in ‘Law Cafe.’ KBS2 Neither Kim Yu-ri, played by Lee Se-young, nor Kim Jeong-ho, played by Lee Seung-gi, became exactly who people ...
Crypto Legal Expert Says XRP Settlement Between SEC and Ripple Could Be Imminent
A legal expert who is closely following the U.S. Securities and Exchange’s (SEC) crypto case against Ripple says the window for a potential settlement has arrived. Attorney Jeremy Hogan, an XRP propon...
Poloniex and Bittrex join Tether in asking court to terminate Roche Freedman from class action
Counsel representing Bittrex and Poloniex in an ongoing class action lawsuit are the latest to call for law firm Roche Freeman to be thrown off the case. Bitfinex and Tether recently filed a letter re...
Brazilian SEC Will Change its Legal Framework of Crypto Regulation
The Brazilian SEC is planning to work on the definition of virtual assets. Reportedly, the agency will change the legal framework to the Brazilian crypto regulation. Crypto Framework Upgrade by Brazil...