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US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...
XRP Price Prediction as Judge Torres Grants SEC's Ripple Case Appeal Process – Will XRP Fall to 1 Cent?
18.8.2023
While XRP is trading more than 16% up from Thursday’s lows and is back to the north of its 200DMA and the psychologically important $0.50 level, the world’s fifth-largest cryptocurrency by market capitalization continues to trade lower by around 20% on the week....
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Judge Grants SEC’s Request to Seek Interlocutory Appeal in Ripple Case Over XRP
18.8.2023
District Judge Analisa Torres has granted the request by the U.S. Securities and Exchange Commission (SEC) seeking to file an interlocutory appeal in the Ripple case over XRP. Judge Torres’ approval came one day after Ripple Labs filed its objection to the SEC’s request. Judge...
SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge Says
17.8.2023
A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws
Judge grants SEC request to file motion for appeal in Ripple case
17.8.2023
The SEC has until August 18 to officially file its motion and the defendants will have until September 1 to respond
Report: Brazilian Court Fines Mastermind of South African Bitcoin Ponzi Scheme
16.8.2023
A court in Brazil has found Johann Steynberg, the mastermind of the bitcoin ponzi scheme Mirror Trading International (MTI), guilty in a case in which he is accused of using a forged identity document. The court, however, commuted Steynberg’s three-and-a-half-year sentence to a fine of just...
The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase
15.8.2023
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
15.8.2023
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors
Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy
14.8.2023
A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....
Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts Court's Jurisdiction in Bankruptcy Case
14.8.2023
In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions....
Read More: Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts...
SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler’s Digest, Aug. 6-12
12.8.2023
Sam Bankman-Fried has bail revoked, ordered to jail; the SEC delays decision on a spot Bitcoin ETF; and the SEC moves to appeal on Ripple’s case
First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
11.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal
11.8.2023
Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case
Robinhood beats investors’ appeal in GameStop meme stock case
11.8.2023
The appeals court judge said Robinhood “had the right” to impose restrictions on meme trade purchases
SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies
11.8.2023
The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If...
SEC announces $24M settlement for case against Bittrex and its former CEO
10.8.2023
The U.S. regulator filed a complaint in April claiming Bittrex and William Shihara operated an unregistered exchange, also separately charging Bittrex Global
Court Trial Dates Set for SEC's Case Against Ripple Labs in Southern District of New York
10.8.2023
In a filing on August 9th in the U.S. District Court for the Southern District of New York, Judge Analisa Torres, who is handling the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs, intends to set a jury trial for the second quarter of 2024. The trial...
SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings
10.8.2023
The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court...
SEC to seek interlocutory appeal in Ripple Case
10.8.2023
The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torre's laid out her non-final ruling
SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
9.8.2023
The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday