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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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.
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.
The United States Justice Department is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out in the Terra ecosystem last May. Two agencies within the department — the Federal Bureau of Investigation (FBI) and Southern District of New York (SDNY) have interrogated former staff at Terraform Labs [...]
The post FBI, NY authorities probes collapse of TerraUSD stablecoin: Report appeared first on Crypto Breaking News.
U.S. District Judge Lewis Kaplan has expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried, citing the risk of potential evasion and covert electronic communication. (Read More)
A federal judge in Florida is considering dismissing Shaquille O’Neal and Naomi Osaka from the FTX lawsuit due to uncertainty about whether they were served. The judge reprimanded other celebrity defendants for not following proper procedure in requesting a conference extension. A consolidation request by some plaintiffs against FTX was denied, and lawyers for former FTX CEO Sam Bankman-Fried noted the possibility of pushing back the criminal trial scheduled for October 2023. (Read More)
BUSD’s market cap is down by nearly $14 billion from its all-time high of $23.49 billion, set on Nov. 15, 2022.
Bankman-Fried has only a matter of days to meet document requirements before his appearance in court next week.
It is understood that BlockFi wants to get bids in as quickly as possible to make the most of the current market conditions.
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.
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.
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.”
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”.
The company quickly powered down part of its data center to provide needed relief to Nebraska’s energy grid.
Bullish district0x price prediction ranges from $0.29 to $0.4. district0x prices might also reach $1 soon. DNT bearish market price
The post has appeared first on thenewscrypto.com
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The post Take A Look At District0x Price Prediction & DNT Crypto News first appeared on StealthEX.
The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S. dollar flowing amid a series of banking blowups in the U.S. and in Europe. The March 19 announcement from the U.S. Fed comes only a few hours after Swiss-based bank Credit Suisse was bought out [...]
The post Fed, central banks enhance ‘swap lines’ to combat banking crisis appeared first on Crypto Breaking News.
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.
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.
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.
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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