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SEC Wins Court Case Against Blockchain-Powered Platform – Team Says Loss Sets ‘Dangerous Precedent’
8.11.2022
The Securities and Exchange Commission (SEC) has won a court case against the blockchain-based publishing platform LBRY. According to LBRY, the SEC’s victory sets “a dangerous precedent” for crypto regulation in the US.
The win for the American financial regulator means that LBRY’s token LBC...
Judge rules LBRY video platform’s token is a security in case brought by the US SEC
7.11.2022
The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...
Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP
2.11.2022
Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms...
Coinbase seeks to join Ripple’s legal fight against the SEC
1.11.2022
Crypto exchange Coinbase has filed documentation asking permission to help Ripple Labs in its ongoing legal battle with the SEC
Coinbase Files to Support Ripple Against SEC Case
1.11.2022
Coinbase joins a trade group and other groups in arguing the SEC's case threatens the broader industry
Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it
31.10.2022
The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available
French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US
31.10.2022
A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner...
A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache
29.10.2022
A committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings. The written protest by the group of creditors against the sale follows objections from a slew...
Crypto Lobbyist Group Blockchain Association Asks Court for Permission to Support Ripple Against SEC Case
29.10.2022
Celsius bankruptcy case Trustee slams $3M employee bonus motion
28.10.2022
The Trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders
BudBlockz looks promising in Presale; XRP scores a victory in its SEC case
27.10.2022
Avid crypto investors are constantly looking for their next significant investment, trying to find a crypto token with a great use case, great returns, or both. BudBlockz Appears Promising in Its Presale Cryptocurrency presales can be a minefield to navigate, but they provide some of the best...
Activision Tries To Get Civil Rights Lawsuit Thrown Out Again, Fails Again
26.10.2022
For the second time since this year, publisher Activision Blizzard—the subject of historic allegations of sexual harassment and gender discrimination—has tried to get the case against it thrown out. And for the second time, it has failed.Read more
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
Celsius Bankruptcy Judge Agrees to Appoint a Consumer Privacy Ombudsman in Case
24.10.2022
The move comes after court documents released in early October revealed the financial details of hundreds of thousands of Celsius’ customers
Court Refuses Ex-OpenSea Exec's Effort to Dismiss 'Insider Trading' Case
24.10.2022
OpenSea's former Head of Product Nate Chastain was indicted in June
Celsius users concerned over personal info revealed in bankruptcy case
23.10.2022
A website revealing personal information from Celsius creditors has created stress and chaos for many, leading some to question the privacy of centralized exchanges
India Freezes Additional Bitcoin Amid Mobile Gaming App Investigation
21.10.2022
India’s Enforcement Directorate (ED) says it has frozen 44.5 more bitcoins as part of an ongoing money laundering investigation into mobile gaming app E-nuggets. The authority has already frozen nearly 86 bitcoins at crypto exchange Binance relating to the same investigation. India’s...
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
21.10.2022
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption
Prosecutors argue 'insider trading' claim in the OpenSea case is accurate
19.10.2022
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”