SEC
SEC vs. TerraLabs: Defense Presents Final Arguments to Jury in Do Kwon Case
The U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and its co-founder, Do Kwon, is nearing its conclusion as the jury trial approaches its final stages. As...
Will Crypto Have to Go to The Supreme Court For Clarity?
Participants in the crypto market continue to clamor for clear crypto rules from U.S. regulators, particularly from the SEC, infamous for charging crypto firms with violating federal security laws. A...
SEC’s Advocates for Clear Crypto Regulations and Investor Safety
Gurbir Grewal, the SEC’s Division of Enforcement chief, at the SEC Speaks conference, articulated a persuasive argument for the necessity of stringent regulatory measures in the crypto space. He highlighted...
Ripple’s CLO Calls Out Inconsistencies in SEC “Guidance” on Crypto
Ripple’s Chief Legal Officer Stuart Alderoty has reacted to claims by U.S. SEC Director Gurbir Grewal regarding the crypto industry’s purported noncompliance. On Wednesday, Grewal denounced the crypto industry during...
What Awaits in May 2024? Spot Ethereum ETF Approval or Denial?
James Seyffart, an ETF Research Analyst at Bloomberg, reiterated his pessimistic beliefs on the Securities and Exchange Commission’s (SEC) Ethereum ETF approval. Seyffart remains cynical about the ETF approval due...
Ripple Chief Legal Officer Critiques SEC’s Approach Amidst Coinbase Ruling
In a recent statement, Ripple’s Chief Legal Officer, Stuart Alderoty, scrutinized the definitions of a crypto “ecosystem” as outlined in a March 27 court ruling concerning Coinbase. The ruling, made...
Ripple’s Legal Chief Reflects on Coinbase’s Loss to SEC, Citing XRP Lawsuit
Ripple’s Stuart Alderoty criticizes court decision in Coinbase vs. SEC lawsuit. He argued that the SEC persuaded the judge with arguments that lacked merit. Alderoty believes the upcoming challenge for...
Consensys Urges The SEC To Recognize Ethereum’s Advanced Safeguards
Consensys, a leading blockchain software technology company, has asked the U.S. Securities and Exchange Commission (SEC) to recognize the advanced safeguards inherent in Ethereum’s design. The company proposed this in...
SEC Cannot Identity Victims in Its Damage Theory: Lawyer
The United States Securities and Exchange Commission (SEC) has failed to identify a single “victim” in its damage claim that it filed in court while seeking $2 billion from American...
What’s Next for Coinbase After Judge Denies Dismissal of SEC’s Lawsuit
United States District Judge Katherine Polk Failla has denied Coinbase’s motion to dismiss the case brought forth by the US Securities and Exchange Commission (SEC) in June 2023 against the...
Ripple Legal Saga: Pro-XRP Lawyer Challenges SEC Allegations, Raises Validity Concerns
In the ongoing legal saga between Ripple and the Securities and Exchange Commission (SEC), Pro-XRP lawyer, Bill Morgan, has stepped forward to provide insights into the potential impact of the...
SEC vs. Binance: Judge Orders Update on Legal Clash Amid Regulatory Scrutiny
In the ongoing legal clash between the SEC and Binance, Judge Zia M. Faruqui has instructed both parties to share an expedited discovery update by April 5. This order seeks...
SEC Seeks $2B in Fine in Case Against Ripple Labs With No Fraud Allegations
The United States Securities and Exchange Commission wants a whopping $2 billion from Ripple Labs, the firm behind the XRP token, in a case that has no fraud allegations, according...
SEC and Terraform Labs’ Trial Begins; Do Kwon Not Present
The civil fraud trial involving Terraform Labs’ Founder Do Kwon, reportedly began on Monday in Manhattan court. Media journalist Zack Guzman shared a series of X posts, providing more insights...
Final Stretch: Binance vs. SEC Legal Duel Draws to Conclusion
In the final stages of a lengthy legal battle, crypto firm Binance faces off against the US Securities and Exchange Commission (SEC). With the discovery phase nearing completion, both parties...
SEC Extends Decision Deadline for Grayscale Ether Futures ETF by 60 Days
In a recent filing, the U.S. Securities and Exchange Commission (SEC) announced yet another delay in its decision regarding Grayscale’s Ethereum futures exchange-traded fund (ETF) application. Initially filed on September...
Crypto Markets Require “Sunlight and Disinfectant” for Integrity: Gary Gensler
In a recent address at the Columbia Law School conference, Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance on the necessity of transparency in the crypto markets....
Ripple CLO Calls SEC’s Conflicting Approach to Crypto as Insanity
Key Ripple executives once again raised their voices against the “insanity” of the U.S. Securities and Exchange Commission (SEC). While the SEC’s Ethereum ETF approval remains a question, Ripple CEO...
Ethereum Foundation Is Under Government and SEC Scrutiny
The Ethereum Foundation’s GitHub repository is currently under inquiry by an undisclosed government, according to reports. This inquiry into the Swiss non-profit organization comes after Dencun, the largest Ethereum upgrade...
Ethereum ETF Optimism Drops As The SEC Delays Hashdex’s ETF Approval
James Seyffart, a renowned ETF analyst, believes the U.S. Security and Exchange Commission (SEC) will ultimately deny the spot Ethereum ETF applications by May 23, 2024. In a recent post...
SEC Slammed by Judge for Abusing Power in Case Against Crypto Firm
The United States Securities and Exchange Commission (SEC) misused its power in a case against a digital asset platform known as DEBT Box. A federal district court judge in Salt...
Ethereum Co-Founder Raises Alarm on ICO Language and Regulatory Risks
Recent revelations have stirred the cryptocurrency community as Ethereum co-founder Joseph Lubin voiced concerns over the use of the term “ICO” and its implications. A CoinDesk article highlighted the Ethereum...
The SEC’s Official Website Is Currently Down: Public in Frenzy
The official website of the Securities and Exchange Commission (SEC) is currently experiencing technical issues, probing security concerns. While the website merely displays the ambiguous message “page not found,” it...
US Bankruptcy Judge Authorizes Terraform Labs’ Legal Hire of Dentons
In a legal development, Terraform Labs has secured approval from a U.S. bankruptcy judge to appoint Dentons for its defense against a lawsuit filed by the U.S. SEC. This decision...
Court Dismisses Gemini and Genesis’ Motion To Dismiss SEC Lawsuit
In a recent court filing, a New York judge ruled against the crypto lender Genesis and crypto exchange Gemini, ruling that the SEC could move forward with their lawsuit against...
