Roaring Kitty faces securities fraud claims in doomed GME lawsuit

Keith Gill is facing a new class-action lawsuit for his recent social media posts. However, a lawyer says the case is likely doomed to fail.

View Details

Nigerian prison fails to bring Binance exec to court

Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.

View Details

SEC Asks Judge to Fine Ripple $2 Billion in XRP Case Ripple CEO Says There Is Absolutely No Precedent for This

The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC for what they are when we respond to this.” SEC Wants [...]

The post SEC Asks Judge to Fine Ripple $2 Billion in XRP Case Ripple CEO Says There Is Absolutely No Precedent for This appeared first on Crypto Breaking News.

View Details

Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking

Coinbase Inc. (COIN) has accused the U.S. Securities and Exchange Commission of ignoring the law when it rebuffed the company’s formal petition for crypto rules, according to a filing Monday in the U.S. Court of Appeals for the Third Circuit.Source: CoinDesk

The post Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking appeared first on Crypto Breaking News.

View Details

SBF’s lawyers signal need to push back October criminal trial

Sam Bankman-Fried’s lawyers said they’re still waiting on evidence from federal prosecutors and as a result need more time to prepare a defense.

View Details

SBF lawyers to pay for technical expert to aid judge on bail terms

The judge overseeing Sam Bankman-Fried’s fraud case wants some help navigating the world of encrypted messaging, privacy apps, and virtual private networks.

View Details

Judge Gives Coinbase Glimmer of Hope, Dismisses Lawsuit

A US district judge has brought much-needed relief to prominent crypto exchange Coinbase by dismissing a proposed class action lawsuit against them on Wednesday. This [...]

View Details

Binance wins dismissal of class action over 2018 tokens that tanked

The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”.

View Details

SEC and Binance.US to negotiate deal avoiding total asset freeze

Binance.US and the United States Securities and Exchange Commission (SEC) have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets. On June 14, Bloomberg reported U.S. District Judge Amy Berman Jackson referred the two organizations to a magistrate judge to work towards a compromise arrangement that [...]

The post SEC and Binance.US to negotiate deal avoiding total asset freeze appeared first on Crypto Breaking News.

View Details

Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’

New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers.

View Details