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CATEGORY: legal dispute


Feb 02, 2024 02:15

Singapore High Court Upholds DeFiance Capital's Claim Against Three Arrows Capital


Singapore's High Court upheld DeFiance Capital founder Arthur Cheong's trust relationship over assets disputed in bankruptcy proceedings, establishing investors' rights in cryptocurrency assets and trust law. (Read More)

Jun 16, 2023 10:30

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product. Coinbase Rolls Out 4% Stablecoin Rewards for Global Customers, Except Hawaii Residents Coinbase is now [...]

The post Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute appeared first on Crypto Breaking News.

Jun 16, 2023 10:30

Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market

According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties and refunds and is barred from operating its [...]

The post Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market appeared first on Crypto Breaking News.

Jul 15, 2023 10:30

Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security

In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried petitioned the court to maintain confidentiality regarding the [...]

The post Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security appeared first on Crypto Breaking News.

Apr 05, 2023 02:10

Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future

As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth and stability throughout the sector. [...]

The post Dear Ripple, Don’t Settle: Embrace the Opportunity to Shape Crypto’s Future appeared first on Crypto Breaking News.

Jul 02, 2023 05:50

Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction

In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs. Notably, Cboe’s amended filings now include Coinbase as a partner in [...]

The post Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction appeared first on Crypto Breaking News.

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