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Bitcoin News / Bitcoinist - 2 years ago

SEC Lawsuits Rock eToro: 4 Cryptos To Be Delisted Over Security Label

Multi-asset investment company eToro has recently made headlines with the issuance of new guidelines that have barred its US customers from purchasing four specific cryptocurrency assets. These assets were recently categorized as securities by the U...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity

Ripple’s operations gear up in Europe and Asia despite an ongoing lawsuit with the U.S. Securities and Exchange Commission. Cryptocurrency payments service provider Ri...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US lawmaker invokes SEC lawsuits in considering crypto regulatory framework

According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework “could reward bad actors with a ‘get out of jail free’ card.”...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

SEC lawsuit sheds light on Coinbase's management

In a recent interview with Cointelegraph, venture capitalist Kevin O’Leary criticized Coinbase’s strategy to address the current regulatory environment. The lawsuit br...

Bitcoin News / Bitcoinist - 2 years ago

XRP Community Anticipates Potential Revelations In Ripple Lawsuit

Expectations for the Ripple lawsuit summary judgment have heightened among XRP community members ahead of essential revelations. The broader crypto community and XRP holders await the unsealing of the Hinman speech documents moved up to June 13. Cons...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Jump Trading seeks to move Terra class action suit to California

The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. Algorithmic and high-f...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Jump Trading seeks to move Terra class-action lawsuit to California

The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. Algorithmic and high-f...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Binance.US hires former SEC enforcement official amid lawsuit: Report

Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. United States-b...

Bitcoin News / Bitcoin Magazine - 2 years ago

U.S. Court Dismisses BitGo’s Lawsuit Against Galaxy Digital

A U.S. court has dismissed the lawsuit filed by BitGo against Galaxy Digital in relation to a failed merger previously agreed to in 2021.In the company’s response to the terminated merger agreement, BitGo had alleged that Galaxy Digital failed to uph...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022....

Bitcoin News / Bitcoinist - 2 years ago

Long-Term Bitcoin Holders Unfazed By Binance, Coinbase Lawsuits: Glassnode

Long-term Bitcoin holders are standing strong amidst the storm, undeterred by the recent lawsuit filed against Binance and Coinbase Exchange by the US Securities and Exchange Commission (SEC).  The resilience of these dedicated holders is evident as...

Bitcoin News / Bitcoin.com - 2 years ago

Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law

On June 9, 2023, the Commodity Futures Trading Commission (CFTC) declared victory in a lawsuit against Ooki DAO, a decentralized autonomous organization. According to the CFTC, the judge’s ruling that the Ooki DAO is a “person” unde...

Bitcoin News / Bitcoin.com - 2 years ago

SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days

It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum h...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

U.S. Senator Lummis revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in America. With the rapid evolution and increasing adoption of cryptocur...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US senator revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in the United States. United States Senator Cynthia Lummis has said her e...