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US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP


U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major...

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin


The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make...

Sonic Creator Confirms Michael Jackson Composed Music For Sonic 3


What a way to break some news, huh? On Twitter, Sonic the Hedgehog creator Yuji Naka said the quiet part out loud: Michael Jackson definitely, totally composed some music for the 1994 Sega Genesis game, Sonic the Hedgehog 3. Unfortunately, Naka followed up the confirmation that this long-running...

People Want Digital Cash, Governments Need to Accept That, Circle CEO Says


  There is a reason that “cash is king,” and people around the world want a digital form of cash that is private, offers final settlement, and cannot be “turned off” by a central party, argued Jeremy Allaire, co-founder and CEO of digital payments company Circle. Allaire said that for...

Bitcoin & Crypto ‘Tribalism’ Hurts Entire Market, Ripple CEO Says


  The “tribalism” that has formed around bitcoin (BTC) and other cryptoassets is becoming a problem for the entire crypto market, according to Brad Garlinghouse, CEO of the XRP-affiliated American fintech firm Ripple. The comments were made during a fireside chat at the Paris Blockchain Week...

Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto...

Nevada Man Pleads Guilty in $722 Million Fraudulent Cryptocurrency Scheme


A Nevada man has admitted his role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency scheme. He also pleaded guilty to tax offenses. Bitclub Network Investor Pleads Guilty The U.S. Department of Justice (DOJ) announced Thursday that Gordon Brad...

SEC scores a minor victory in legal dispute with Ripple Labs


“The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery” said lawyer James K. Filan

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