Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement

FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing.

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Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement

The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws.

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Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark Lawsuit

Yuga Labs, the parent company of the Bored Ape Yacht Club NFT project, has reached a settlement with Thomas Lehman, who built websites and smart contracts for Ryder Ripp’s copycat project “RR/BAYC.” Ripps’ project is a series of 10,000 NFTs that share the same names, features and traits as the famous Bored Ape Yacht Club NFTs and is part of a separate, ongoing court case around trademark infringement.

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XRP Army Eager To Receive Verdict On Ripple vs. SEC Lawsuit As Attorney Sets Tentative Settlement Date

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XRP lawsuit update: SEC claims Ripple's 'fair notice' defense fails 'as matter of law'

After the SEC requested the court for "additional discovery" a couple of days back, many in the community are expecting Ripple Labs and the regulatory body to come to a settlement soon. In what is theThe post XRP lawsuit update: SEC claims Ripple's 'fair notice' defense fails 'as matter of law' appeared first on AMBCrypto.

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How Ripple’s big win in court correlates with XRP’s 113% rally

The bulls ride again on XRP’s side, as the token breaks about $1. On the legal subject, things seem to be going well for Ripple’s corner as rumors of an SEC settlement grow louder. Back in December, the Commission hit Ripple Labs, executive Brad Garlinghouse, and Chris Larsen with a lawsuit for the alleged illegal […]

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SEC and Ripple rule out settlement ahead of landmark securities violations trial

Blockchain payments firm Ripple Labs and the U. S Securities and Exchange Commission are unlikely to settle before the trial. In a new filing with a New York court, the two outlined why they believe they each stand a great chance of winning the landmark legal tussle.

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Ripple and SEC Pretrial Settlement Prospects are Running Dry

On Feb. 15 the SEC and Ripple filed a joint letter to the U. S. Southern District of New York federal court. It mentions there is currently no “prospect for settlement at this time. ” According to the SEC, settlement discussions have already taken place.

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SEC Proposes $5 Million Settlement in Kik’s $100 Million Initial Coin Offering (ICO) for KIN

Kik Interactive, the embattled Canadian messaging startup, seems to have finally reached a settlement deal with the SEC regarding its illegal ICO back in 2017. Since the summer of 2019, the two parties in court have gone back and forth, with the latest ruling by a New York judge, favoring the SEC.

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Tezos Agrees To Pay $25 Million To End Class Action Lawsuit Over Securities Laws Violation

Tezos has reached a settlement with the court to end approximately three years of litigation between Tezos and a group of plaintiffs. The said plaintiffs filed a class-action lawsuit that concerned whether the Tezos (XTZ) cryptocurrency is a security and whether the company conducted its 2017 ICO inappropriately.

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Tezos Investors Win $25M Settlement in Court Case Over $230M ICO

A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million.

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OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement

Konstantin Ignatov is probably breathing a sigh of relief today.

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Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering

Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.

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Craig Wright Admits he Cannot Finance 500,000 BTC Settlement, Kleiman Calls on Wright’s Ex-CFO for Deposition

Once again, the curious case of Craig Wright has surfaced in Florida’s Southern District Court. Just like previous encounters, this one also involves Craig Wright and his counsel scurrying to find the means to block Ira Kleiman’s attempts to dig deeper into the situation.

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Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement

In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken.

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Craig Wright pulls out of 500,000 BTC settlement, Kleiman trial back on

Craig Wright has pulled out of the settlement with the Kleiman estate, claiming he was unable to finance the 500,000 BTC payoff. Wright lost the case against Kleiman earlier in August and was ordered by the court to hand over half of the 1 million bitcoin he mined before 2014 to the estate of his […] The post Craig Wright pulls out of 500,000 BTC settlement, Kleiman trial back on appeared first on CryptoSlate.

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Self-Proclaimed Bitcoin Inventor, Craig Wright, Fails To Settle Kleiman Case Due To Lack Of Funds

Court documents filed recently in Florida show that Craig Wright, who claims to be the famous Satoshi Nakamoto, who is credited to have invented Bitcoin, now says he has no funds to settle his case with David Kleiman.

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Craig Wright Fails to Finance Kleiman Settlement, Averting Possible Bitcoin Sell-Off

Bitcoin SV proponent Craig Wright pulls out of the settlement talks with the Kleiman estate, which means that the court drama will continue

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Bitcoin SV's Craig Wright fails to pay Kleiman settlement

Self-proclaimed Bitcoin creator and Bitcoin SV Founder, Craig S Wright, "pulled out of settlement talks" in the Dave Kleiman case in which the court ruled in favor of the latter last month. The estateThe post Bitcoin SV's Craig Wright fails to pay Kleiman settlement appeared first on AMBCrypto.

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Trial Back on After Craig Wright Fails to Pay Kleiman Bitcoin Settlement

Craig Wright broke a non-binding settlement agreement to forfeit half his claimed bitcoin holdings, according to a court filing.

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Trial Back on After Craig Wright Breaks Bitcoin Settlement Agreement

Craig Wright broke a non-binding settlement agreement to forfeit half his claimed bitcoin holdings, according to a court filing.

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Craig Wright Looking to Settle $10Bn Lawsuit Outside Court

Self-proclaimed bitcoin inventor Craig Wright has entered settlement talks with the estate of Dave Kleiman, a firm which sued him for $10 billion. A September 17 filing in Florida district court shows that both Wright and Kleiman estate have asked the judge to grant them a 30-day deadline.

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Craig Wright requests more time for negotiating settlement deal with the Kleiman estate

Craig Wright has filed a document with the U. S District Court of the Southern district of Florida, requesting more time for negotiating a settlement deal with the Kleiman estate. The request was filed on 17 September and asks for a 30-day extension from the court to settle the negotiation.

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Satoshi Nakamoto ‘wannabe’ Craig Wright in talks to settle multi-billion dollar Bitcoin suit

Craig Steven Wright, the man who’s claimed to be Bitcoin’s anonymous creator countless times, is down to his last hope in the epic $10 billion Dave Kleiman lawsuit: settlement. According to a Florida Federal Court document, which was submitted yesterday, Wright and the Kleiman estate have requested an extension on all deadlines in a bid to begin settlement talks.

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Elon Musk’s Deal with Wall Street Watchdog Could Mean Less Tweeting

By CCN: Nobody puts Elon Musk in a corner. Well, maybe the SEC. The Tesla CEO has reached a settlement with the U. S. securities watchdog. According to the court filing, which still requires a judge’s John Hancock, Musk will be tweeting a whole lot less than he’d probably like, certainly less than his 26.

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Judge Dismisses Winklevoss Lawsuit Against Charlie Shrem

Judge Jed Rakoff of the US District Court for the Southern District of New York dismissed the Winklevoss case against Charlie Shrem in which the twins allege Shrem stole $26 million worth of cryptocurrency.

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Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened.

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Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years

Four days ago, news. Bitcoin. com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt.

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Alibaba Finally Persuades Name-Squatting Crypto to Stop Mooching its $467 Billion Brand

The genie is now out of the bottle, and one of the crypto industry’s most bizarre trademark disputes is now over. The ABBC Foundation, which is behind the Alibabacoin cryptocurrency, has conceded the coveted Alibaba brand name to the China-based e-commerce giant of the same name.

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Elon Musk Snaps Back at Contempt Charge; Is the SEC Baiting Tesla’s CEO?

Lawyers for Tesla’ CEO Elon Musk have accused the U. S. Securities and Exchange Commission of ‘unprecedented overreach’ and violating the constitutional rights of the iconic billionaire. Musk’s legal team was responding to an SEC request to have the court hold Musk in contempt, according to Reuters.

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Elon Musk Now Under Real Pressure of Being Removed as Tesla CEO

Tesla CEO Elon Musk is in hot water again. Following comments on Twitter that the Securities and Exchange Commission (SEC) says violated the terms of his September 2018 settlement, Musk could find himself facing suspension and penalty fees.

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Two Former Executives Jailed for Faking Cryptocurrency Transaction Volumes

On January 17, 2019, two former executives from Komid, a South Korean cryptocurrency exchange, were jailed for three and two years respectively for using fake accounts to fraudulently inflate transactions on the exchange.

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SEC: AriseBank Execs Agree To Pay $2.6M

Two executives behind an alleged ICO scam will have to pay a hefty fine, in a settlement that the U. S. Securities and Exchange Commission hopes will send a message to the crypto industry. Jared Rice Sr.

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Is Chinese Alibaba Group going to aquire Alibabacoin (ABBC)?

Alibabacoin Foundation and China’s Alibaba Holding Group is having a dispute over trademark licenses in the Manhattan court of the United States of America. Alibabacoin Foundation CEO, Jason Daniel Paul Phillip stated that Alibabacoin Foundation offered a settlement to Alibaba Group Holdings a month ago.

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$152 Million Cryptocurrency Lawsuit Involving Augur Settled Outside of Court

A lawsuit claiming damages of $152 million involving Augur, a cryptocurrency betting platform for predicting real-world events, has been reportedly settled off-court. As for now, San Francisco county court records show the case as dismissed.

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New Zealand PM Used As Pawn In Fake News Site

Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.

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Top Cryptocurrency Coins Are Challenging MasterCard and Visa’s Merchant Payment Duopoly

How Cryptocurrencies Are Challenging The MasterCard And Visa Duopoly It is unheard of for a multinational, let alone two multinational heavyweights to lose out in a court case. What is even rarer, is when the court case forces them to part with settlement costs totalling $6 billion. Earlier this week, the Business Press released a […]

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Cryptocurrencies Challenge The Visa And Mastercard Duopoly

It’s a rare thing indeed when two multinational heavyweights come out the worse in a court case. Even rarer when the settlement costs them collectively over $6bn. The business press reported earlier this week that Visa and Mastercard, along with a sprinkling of banks, would pay a class of more than 12 million merchants a […] The post Cryptocurrencies Challenge The Visa And Mastercard Duopoly appeared first on Crypto Briefing.

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Bitcoin Magazine’s Week in Review: Making Strides Across Industries

Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.

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Ripple And R3 Reach Settlement After 12-Month Court Case

After an ongoing court battle between Ripple Labs and the R3 Consortium, which initially began over an agreement for R3 to purchase five billion XRP, a settlement has finally been reached.

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Ripple and R3 Reach Settlement After 12 Month Court Case

After an ongoing court battle between Ripple Labs and the R3 Consortium, which initially began over an agreement for R3 to purchase five billion XRP, a settlement has finally been reached.

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Ripple, R3 Agree to End Court Battle Over Five Billion XRP Tokens

The settlement resolves the year-long saga of R3 lawsuits and Ripple countermeasures related to the 2017 XRP’s purchase clause.

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Ripple and R3 Reach Settlement in Year-Long Court Case

A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest.

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Wrongfully Accused ‘Pirate’ Wants $62,818 Compensation

For more than a decade, file-sharers around the world have been pressured to pay significant settlement fees, or face worse in court. The practice is particularly common in the United States. While there is only a small group of independent companies involved, thousands of people are taken to court each year. These efforts, often characterized […]

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Thought the Mt. Gox Legal Wrangling Was Ending? Nope; Court Throws in Monkey Wrench

Mt. Gox creditors have their attentions shifted to whether the chief of the exchange stands to recoup any losses from the bankruptcy settlement.

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