legal battle

Bitcoin's price has been trending lower, currently trading below the $27,500 pivot level. The downward movement may be attributed to rising tensions in the Israel-Hamas conflict. The situation has escalated, with over 1,200 reported deaths on the Israeli side. Bitcoin is facing resistance near th ...

The North American Securities Administrators Association (NASAA) has filed an amicus curiae in support of the U.S. Securities and Exchange Commission (SEC) in its lawsuit against Coinbase. The NASAA argued that digital assets should not be treated as "somehow special" and that the SEC's actions agai ...

Binance CEO Changpeng Zhao has refuted recent claims suggesting he borrowed $250 million from BAM Management, the entity overseeing Binance.US. This report emerged following an interpretation of court documents related to the ongoing lawsuit between Binance and the United States Securities and Excha ...

Crypto influencer Ben Armstrong, also known as 'BitBoy Crypto,' has claimed that he's been receiving death threats from Hit Network, the company he recently filed a lawsuit against. Armstrong filed a lawsuit in Georgia, USA, alleging that Hit Network CEO Timothy 'TJ' Shedd Jr., his father Timothy Sh ...

Ripple's Persistence in the Face of SEC's Lawsuit Challenge In a legal battle spanning nearly three years, Ripple finds itself at the center of allegations claiming that the company and its co-founders violated securities regulations by selling approximately $1.3 billion worth of their native cry ...

Court documents reveal that FTX’s financial advisors are exploring the possibility of reversing payments made to athletes and celebrities prior to the company’s Chapter 11 filing, utilizing bankruptcy laws. According to Bloomberg, the extensive list of endorsements underscores the importance of m ...

LBRY, the blockchain-based file-sharing and payment network, has garnered widespread support as it prepares to appeal a federal judge's ruling favoring the United States Securities and Exchange Commission (SEC) in the regulator's lawsuit against LBRY in July. Bill Morgan, a well-known crypto lawy ...

Gamifying Trading: Robinhood Loses against Massachusetts Regulator Robinhood, the commission-free brokerage, has suffered a major defeat in its case against the Massachusetts Secretary of State, Bill Galvin. The Supreme ...

It seems that Ripple and the Securities and Exchange Commission (SEC) will only be available for further negotiations in the second quarter of 2024, and thus only after the Bitcoin (BTC) halving. So what could this mean for the XRP price action? Wh ...

Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of millions of dollars to pay back their creditors. BlockFi claimed in an Aug. 21 filing to a New Jersey bankruptcy court that its own cred ...

Federal prosecutors have called the arguments of Sam Bankman-Fried, founder of the bankrupt FTX crypto exchange, demanding that several charges against him be dismissed. In early May, Sam Bankman-Fried filed a motion with the court to dismiss 10 of the 13 charges, which i ...

Following a legal battle with the SEC and accusations of offering unregistered securities, cryptocurrency exchange Coinbase countersued and delisted seven trading pairs. Coinbase Exchange announced the removal of trading pairs ASM/USDT, ATA/USDT, DESO/EUR, FORT/USDT, FORT ...

Forbes magazine's crypto-asset author suggested that the Securities and Exchange Commission has "bitten off more than it can swallow" in its legal campaign against Ripple. Sam Lyman thinks it's becoming increasingly clear to the bodies of litigation that the new SEC admin ...

It's about SEC member Hinman's documents He didn't recognize cryptocurrencies as securities a couple of years ago And so Ripple and other cryptocurrency companies aren't breaking the law A federal judge denied the SEC's motion to shut down Hinman's do ...

Ripple is currently evaluating its options for relocating its business outside the United States in response to the ongoing legal battle with the SEC, taking cues from Coinbase's recent actions. Ripple's international policy adviser, Susan Friedman, has expressed a favorable view of the European ...

Following a prolonged period of legal disputes, the US government has successfully halted a $1 billion deal between cryptocurrency lender Voyager, which filed for bankruptcy in July 2022, and the Binance.US cryptocurrency exchange. The decision was made by U.S. District Court Judge Jennifer Reard ...