Former banker sentenced to 41 months for crypto fraud

Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.

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Voyager's $1B sale to Binance.US put on hold by US court

A federal judge has temporarily halted a proposed deal between Voyager and Binance.US in order to give the government more time to pursue appeals that challenge the deal.

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Decoding Ripple’s Ruling: A Potential Tsunami for the SEC

In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that has sparked a ripple, pun intended, in the crypto space, potentially creating waves [...]

The post Decoding Ripple’s Ruling: A Potential Tsunami for the SEC appeared first on Crypto Breaking News.

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NFT court orders could become a norm in crypto-related litigation: Lawyers

Despite whether the defendant sees the court notice, getting served by NFT "limits what the defendant" can do with the funds according to legal experts.

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Judge orders CFTC to serve Ooki DAO founders with lawsuit

The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”

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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”.

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NFT app Rebase co-founder accused of going ‘rogue’ in suit by partner

An apparent business partner of Rebase's co-founder claims he was pushed out of the firm and funds he owned were moved from a joint crypto wallet.

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SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists [...]

The post SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit appeared first on Crypto Breaking News.

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FTX founder Sam Bankman-Fried now faces two criminal trials

A District Judge ordered a separate trial for the DOJ's charges against Sam Bankman-Fried which were added following his extradition to the U.S.

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Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits

One judge has ruled on a key crypto case of late, while the other has ruled on high-profile political cases in the U.S. in recent times.

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Crypto influencer named in FTX lawsuit served via tweet

A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit.

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