SEC
John E. Deaton Slams Bitcoin Maximalists for Backing SEC’s Gensler
In a recent Twitter outburst, cryptocurrency advocate John E. Deaton issued a scathing rebuke towards Bitcoin maximalists supporting the actions of Gary Gensler, Chair of the Securities and Exchange Commission...
Ripple CEO Brad Garlinghouse Expects SEC Lawsuit Verdict Within Weeks
Brad Garlinghouse, the man behind enterprise blockchain solution firm Ripple, expects a resolution in the controversial lawsuit filed by the U.S. Securities and Exchange Commission (SEC) within the next few...
CFTC Commissioner: There’s Just No Way to Police All Crypto Fraud Cases
CFTC commissioner acknowledges the challenge of policing widespread crypto fraud. Crypto cases account for 20% of the CFTC’s portfolio. The commissioner denies a regulatory “turf war” with the SEC. Christy...
Attorney John E Deaton Highlights the SEC’s Definition Gap
In the ongoing legal dispute between the Securities and Exchange Commission (SEC) and Ripple, prominent attorney John E Deaton has raised compelling arguments against the SEC’s classification of digital assets...
Coinbase Slams SEC for Regulating via Enforcement, Not Rulemaking
Coinbase responded to the Security and Exchange Commission’s (SEC) May 15 arguments against the writ of Mandamus petition. In the filing, Coinbase reiterated that the writ of mandamus is a...
Crypto Influencer Highlights SEC’s Questionable 2023 Priorities
Popular crypto influencer Crypto Eri recently highlighted some questionable aspects of the Securities and Exchange Commission’s priorities for this year. According to the Commission’s examination priorities for 2023, particular focus...
Crypto Lawyers Say SEC v Ripple Judge May Find XRP a Non-Security
Crypto lawyer Jesse Hynes believes that the judge overseeing the Securities and Exchange Commission’s lawsuit against Ripple may rule XRP as a non-security digital asset if a clear distinction is...
Ripple to File Remaining Redactions on June 13 – Legal Expert
Ripple will file the remaining allowed redactions in its case against the SEC on June 13. The SEC earlier submitted a motion to seal Hinman’s emails and exclude them from...
Ripple Will Be Billed a Minimum of $250,000; Says XRP Attorney
John Deaton commented that Ripple would be billed a minimum of $250,000 for verifying its documents. He stated that the same legal assistants scrutinizing Ripple’s files would check the SEC’s...
Eleanor Terret Attacks SEC’s Classification of Filecoin as Security
Eleanor Terret criticized the SEC’s recent classification of Grayscale’s Filecoin as a security. SEC asked Grayscale to withdraw its application for a Filecoin Trust, claiming that FIL is a security....
Crypto Twitter Deliberates Over the Fate of Ripple’s XRP Escrow
The intensifying legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has led users on Twitter to wonder if the destruction or “burning” of the blockchain’s firm’s...
John Deaton Highlights SEC’s Schizophrenic Defense in Ripple Case
Crypto Law’s John E Deaton has accused the U.S. Securities and Exchange Commission (SEC) of presenting Schizophrenic defenses in the lawsuit against blockchain solutions firm Ripple. Deaton recently highlighted the...
Rhodium Owes $26 Million to Riot Enterprises; Riot Files Lawsuit
Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities since 2021 but didn’t pay...
Ripple CLO to SEC: Common Interest Is Not Same as Common Enterprise
Ripple accuses SEC of stretching the Howey test in the legal battle. Ripple’s Chief Legal Officer criticizes SEC’s stance on “common enterprise”. Attorneys attack SEC’s argument on XRP fungibility, comparing...
U.S. Lawmaker Calls on SEC To Look Into Grayscale’s GBTC
Brad Sherman, the United States Congressman representing California’s 32nd Congressional District recently highlighted investors’ concerns with Grayscale Investments’ Grayscale Bitcoin Trust (GBTC). The Congressman also asked Gary Gensler, the Chairman...
Ex-Lawyer Called Out for his Coinbase Comment, Deaton Shows Support
Ex-lawyer says Coinbase email about PEPE was “dumb” but asks people to stop #CancelCoinbase. In the tweet thread, he also spoke about being called out for his comment on Coinbase....
US Regulatory Paralysis Impacts Jobs, Investment: John Deaton
Crypto lawyer John Deaton believes that US regulatory paralysis has measurable impact in terms of jobs and investment lost. Congressman Patrick McHenry asserts that the SEC’s regulation by enforcement regime...
Crypto Influencer Faults US Govt’s $18B Crypto Tax Loopholes Claims
Influencer CryptoWendyO disputes the US government’s claims of crypto tax loopholes. The crypto enthusiast cited no clear regulatory definition of crypto yet. US President has called for Congress to close...
Bill Morgan Calls Out Coinbase’s “Inconsistent” XRP Trading Halt
Bill Morgan says Coinbase’s position on the secondary sales of XRP is inconsistent. John E. Deaton questioned Coinbase’s treatment of XRP compared with other digital assets. According to Coinbase’s CLO,...
Kraken CLO and Former CFTC Chairman Set to Testify on Crypto Regulation
Kraken’s CLO testifies before Congress on crypto regulation. Santori calls for Congress to provide tools for safe markets. Former CFTC chairman advocates joint SEC rules for crypto. Marco Santori, the...
Grayscale Introduces Funding Project to Manage Financial Products
Grayscale Investments announced the launch of Grayscale Funds Trust. The funding project focuses on managing the company’s publicly traded financial products. The company has also filed a Registration Statement with...
US Regulatory Crackdown Prompts Jane Street And Jump Crypto To Exit
Jane Street and Jump Crypto are reportedly scaling back from crypto trading in the U.S. The market-making giants have blamed the regulatory crackdown in the country for this move. Jane...
Ripple Doesn’t Hinge on XRPL’s Decentralization, Says Bill Morgan
Bill Morgan, a lawyer and digital asset enthusiast, recently commented on Justin Bons, CIO of Cyber Capital’s statement. He is known for sharing his thoughts on the ongoing Ripple vs....
Ripple CEO Shows Excitement Over Support From XRP Community
Ripple CEO Brad Garlinghouse showed excitement at the support he received from community members at the ongoing XRP Las Vegas 2023 conference. In a tweet, Garlinghouse acknowledged the group’s camaraderie,...
Bill Morgan: The SEC Stretching the Howey Test in Case Vs Ripple
According to digital assets enthusiast Bill Morgan, there is no doubt the US Securities and Exchange Commission (SEC) is trying to stretch the Howey Test in its case against Ripple....
