Why SEC Is Wrong to Class Cryptocurrencies as Securities

Cardano co-founder Charles Hoskinson and crypto lawyer John Deaton agree that arguments for calling cryptos like Ripple (XRP) Cardano (ADA) securities should not be based on arguments that defy legal and common sense. дальше »

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Coinbase Subpoenaed by CFTC, Sends Emails to Customers as Concerns Mount 

The Commodity Futures Trading Commission (CFTC) has subpoenaed Coinbase, America's largest crypto exchange, seeking information related to its case against Bybit. Coinbase users have received emails about this legal action. дальше »

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The end of an era for Binance, troubles for Kraken: Law Decoded

Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.

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Former Binance CEO CZ Barred from Leaving US (For Now)

With a potential prison sentence looming, Zhao's legal team argues against flight risk concerns дальше »

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BlackRock’s Bitcoin ETF is bringing new impulse for Ripple (XRP), Cardano (ADA) and Dogecoin (DOGE)

Ripple (XRP): Navigating a critical legal battle with the SEC, Ripple (XRP) faces price volatility, and its future hinges on the lawsuit’s resolution. Cardano (ADA) and Dogecoin (DOGE): Cardano (ADA) benefits from increasing staking rewards and adoption, while Dogecoin (DOGE) remains a speculative asset influenced by social media trends and investor sentiment. дальше »

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The Biggest Hurdles Faced By Ex-Binance CEO And His Legal Team

The former CEO of Binance, Changpeng “CZ” Zhao, and his lawyers continue to face a lot of pushback from the US government regarding his bail conditions. Recent developments also suggest that the worst may not be over for the former executive despite his plea deal with the prosecutors. дальше »

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SEC Faces Challenges in Serving Legal Notices to HEX Founder Richard Heart

The US SEC has been unable to serve a lawsuit to HEX founder Richard Heart, accused of securities fraud, as he allegedly resides in Finland and is difficult to reach. The post SEC Faces Challenges in Serving Legal Notices to HEX Founder Richard Heart appeared first on BeInCrypto. дальше »

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Filmmaker Who Made Millions With Dogecoin Faces Netflix Lawsuit

Carl Erik Rinsch, embroiled in a Netflix lawsuit, saw his fortunes skyrocket after trading Dogecoin. Despite Netflix's multi-million dollar investment, his project "Conquest" failed, leading to a contentious legal battle. дальше »

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Binance’s Changpeng Zhao Seeks to Return Home Before Sentencing

Changpeng Zhao, facing legal challenges in the US, seeks to return to the UAE before sentencing. His substantial bail bond contrasts with concerns over potential flight risk and extradition treaty limitations. дальше »

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Changpeng Zhao’s legal team suggests home detention, says he is not a flight risk

Changpeng Zhao's defense team advocates for combined home detention and community confinement, emphasizing his willingness to take responsibility for Binance’s criminal charges.  дальше »

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Ripple CEO Offers Perspective On Legal Fallout With The SEC

Brad Garlinghouse, the CEO of Ripple, expressed his views on the aftermath of their legal battle with the US Securities and Exchange Commission (SEC). Ripple CEO Insights On The SEC’s Stand In The Legal Battle The Ripple CEO spoke about the case between the crypto company and the SEC in an interview at the 2023 DC Tech Week. дальше »

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Here's a look at the Binance ecosystem following its indictment

BNB's trading activity levelled off, indicating a wait-and-watch approach. Binance's current situation was far from what FTX experienced last year. The legal resolution between Binance [BNB]The post Here's a look at the Binance ecosystem following its indictment appeared first on AMBCrypto. дальше »

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Montenegro court clears path for Do Kwon’s extradition to US or South Korea

Terraform Labs founder Do Kwon faces possible extradition to either the United States or South Korea, as confirmed by an update on a court website in Montenegro on Nov. 24. The High Court of Podgorica stated that the necessary legal conditions for Kwon’s extradition to either country had been satisfied. дальше »

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Sam Bankman-Fried’s ‘Mackerel Currency’ Creates A Stir In Prison

Sam Bankman-Fried, currently facing legal repercussions in the aftermath of FTX’s troubles, has transitioned his focus from crypto to a unique form of currency: mackerel. In the grim confines of a prison, where inmates are deprived of both traditional and digital currency, the desperation for substitutes unfolds. дальше »

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US 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings

The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced with the help of AI were assessed for precision. дальше »

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Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

Jesse Powell sees CZ’s and Binance’s legal proceedings as a positive change, as “going after the most egregious offenders offshore would require effort.” дальше »

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Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy

In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini. The lawsuit claims that Gemini received “unfair preferential transfers” of approximately $700 million shortly before the company declared bankruptcy. дальше »

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U.S. Treasury calls $3.4B Binance resolution FinCEN’s largest settlement in history

The U. S. Department of the Treasury published its comments on settlements with Binance and related parties in a statement on Nov. 21. Secretary of the Treasury Janet Yellen said: “Binance turned a blind eye to its legal obligations in the pursuit of profit. дальше »

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Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’

Ripple Chief Legal Officer Stuart Alderoty believes the recent resolution of anti-money laundering violations by Binance via a settlement with the U. S. Department of Justice (DOJ) is a significant step towards aligning the crypto industry with essential legal and safety standards. дальше »

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1 Way to Revive Dead NFT Wallets

Conceptual artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits. дальше »

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Ripple CLO Raises Pertinent Questions About The $4 Billion Binance Deal

In the wake of Binance’s settlement with the Department of Justice (DOJ), Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has highlighted an important point as it relates to crypto regulation in the country. дальше »

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Bankrupt Genesis alleges Gemini contributed to ‘run on the bank’ with $689M withdrawals

Bankrupt crypto lender Genesis has filed legal actions to retrieve $689. 3 million from cryptocurrency exchange Gemini. In a Nov. 21 court filing, the bankrupt lender alleged that Gemini contributed to the “run on the bank” it suffered by making these preferential transfers during a 90-day period that preceded its bankruptcy filing. дальше »

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All about Genesis and Gemini's $689 mln legal blitz

This is part of an ongoing and publicized feud between the two entities. The feud has not only played out in the courtroom but has also drawn regulatory attention. In a recent court filing oThe post All about Genesis and Gemini's $689 mln legal blitz appeared first on AMBCrypto. дальше »

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Mt. Gox creditors anticipate repayments in 2023: trustee’s update

In a significant development for creditors of the defunct Mt. Gox exchange, an update from the bankruptcy trustee, Nobuaki Kobayashi, indicates that repayments are on the horizon. After years of legal battles, creditors are poised to receive their dues, with plans to initiate repayments in the year 2023. дальше »

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Ripple And SEC To Navigate Legal Matters In Upcoming Closed Meeting

Amid the ongoing legal battle between Ripple and the SEC, the US regulator has recently announced an upcoming closed-door meeting with the crypto firm, which is expected to take place at the end of the month. дальше »

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Coinbase CEO Brian Armstrong goes on the offensive amidst Binance legal woes

Major Binance rival Coinbase took advantage of the problems of its competitor to alert users on the need to regulate the crypto market. According to Brian Armstrong, CEO of Coinbase, the need for transparency and clarity in crypto is more… дальше »

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$4B DOJ Standoff, Hamas Inquiry and Execs Exodus; A Closer Look at Binance’s Stormy 2023

In the annals of cryptocurrency’s evolution, 2023 has etched a defining chapter for Binance, the world’s largest crypto exchange, as it weathers a perfect storm of legal, regulatory, and leadership upheavals. дальше »

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Bitcoin as legal tender in Argentina: Wishful thinking or logical conclusion?

Bitcoin surged to an ATH in the Argentinian market on the day Javier Milei was elected president. There existed a correlation between the growing preference for cryptos and soaring inflation. дальше »

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Kraken Under Fire: Jesse Powell’s Bold Response To SEC Accusations

Yesterday, the US Securities and Exchange Commission (SEC) filed another lawsuit against the crypto exchange Kraken. The second lawsuit in under a year, the legal action has been rejected by key figures in the crypto industry, including a founding member of the company. дальше »

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From Cool-Off To Takeoff: How XRP’s Current Value Signals An Imminent Market Triumph

Ben Armstrong, a well-known crypto analyst and YouTuber has recently offered an intriguing perspective on XRP’s current trading value. XRP, a token closely watched in the crypto community, particularly after its legal battle with the US Securities and Exchange Commission (SEC), currently trades at around $0. дальше »

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Tether Partnership Gone Wrong? Britannia Bank Hit With Lawsuit Over $1B Deposit

Tether (USDT), the largest stablecoin issuer in the world, is finding its banking partner, Britannia Financial, at the center of a legal battle. Arbitral International, a British Virgin Islands corporation, is suing Britannia over a $1 billion Tether deposit. дальше »

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Tether billion-dollar deposit in UK bank sparks legal showdown: FT

Tether, the USDT stablecoin issuer, deposited approximately $1 billion into the U. K. subsidiary of Britannia Financial Group in November 2021, Financial Times reported today, Nov. 21, citing court documents. дальше »

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Aragon DAO votes to fund legal action against its founders

The DAO expressed dissatisfaction with the team’s recent move to dissolve its governing body and shut down its token without consulting the community. дальше »

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Tether’s funds worth over $1b reportedly appear at the heart of legal battle

The largest stablecoin issuer Tether deposited more than $1 billion with a firm currently at the center of a legal battle in London’s High Court. Tether‘s deposit worth more than $1 billion, which was made with a subsidiary of Britannia… дальше »

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Ripple Outcome Influences SEC Actions Against Kraken, Legal Expert Says

Legal expert Mike Selig has noted a strategic shift in the SEC's approach to cryptocurrency regulation дальше »

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Will Argentina’s Milei Adopt Bitcoin As Legal Tender? Expert Analysis

Javier Milei’s election as Argentina’s president has sparked intense debate within the Bitcoin community about the potential adoption of BTC as legal tender. Samson Mow, the CEO of Jan3 and a key player in nation-state Bitcoin adoption, has now offered an insightful analysis on this matter. дальше »

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Bittrex Global ceases trading amid operations wind down

Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm's legal settlement with the SEC and an ongoing complex regulatory landscape. дальше »

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Ripple (XRP): Three Reasons to be Bullish, One to be Cautious

Ripple's legal progress, commitment to financial inclusion through CBDCs, and expansion in Asian remittance services offer strong reasons for optimism. However, the impact of its escrow system on XRP’s market dynamics calls for careful consideration by investors. дальше »

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Crypto regulation outlook: Why have new EU rules not brought us closer to mass adoption?

2023 has seen a sharp rise in focus on digital asset regulation. Numerous legal frameworks have been put forward for consideration across the globe to boost the safety and integrity of this industry. дальше »

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Did Ripple Really Win The SEC Case? Legal Experts Chime In

The XRP community has been irate after an American journalist made untoward statements about the Ripple and US SEC lawsuit. The journalist has stated that XRP did not emerge victorious in its case, expressing criticism towards Judge Torres’s ruling in the SEC lawsuit. дальше »

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XRP Eyes Huge Incredible Run As Ripple’s Legal Chief Drops Bombshell On SEC Losing Legal Dispute

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Bitcoin Could Soon Be Adopted As Legal Tender In Germany As Parliament Member Proposes Novel Legislation

A lawmaker in Germany is not only strongly opposed to the digital euro but is proposing a better solution for a financial revolution in the country: Bitcoin. Joana Cotar, a member of the German Bundestag — the nation’s federal parliament — has recently proposed groundbreaking legislation to make Bitcoin legal tender in the country. German […] дальше »

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Jump Trading spins off Wormhole amid strategic cutbacks, legal challenges

Jump Trading, a prominent player in the cryptocurrency trade, has separated its cross-chain protocol Wormhole into an independent entity, Bloomberg News reported Nov. 17, citing sources familiar with the matter. дальше »

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Why SEC Is Becoming Irrelevant: Europe Eyes Independent Crypto Oversight

Ripple's Chief Legal Officer, Stuart Alderoty, criticizes the US SEC and says it has become irrelevant internationally, while Europe plans its own version of the SEC. The post Why SEC Is Becoming Irrelevant: Europe Eyes Independent Crypto Oversight appeared first on BeInCrypto. дальше »

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Germany’s Cotar wants Bitcoin as a legal tender

German Bundestag member Joana Cotar advocates for Bitcoin's recognition as a legal tender, aiming to balance innovation with regulatory security. дальше »

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Legal victory for Tether and Bitfinex as plaintiff drops lawsuit

Cryptocurrency stablecoin company Tether shared on X that the plaintiff had dropped the appeal in the multi-year courtroom battle. дальше »

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Ripple's Stuart Alderoty Claims SEC Losing Legal Battles; Physical DOGE, BTC to Head to Actual Moon This Year, Shibarium Hits New Adoption Milestone: Crypto News Digest by U.Today

U.Today's news digest helps you take a closer look at the latest events in the crypto industry дальше »

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Bitcoin (BTC) Rises 4.5% On Fresh Breathtaking News from Germany

Bitcoin price goes up as German parliament member wants to make Bitcoin legal tender in country and ban digital Euro дальше »

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Ripple’s Legal Battle: Attorney Claims Weaknesses in SEC’s Approach

Ripple‘s top lawyer and chief legal officer (CLO) Stuart Alderoty has recently criticized the United States Securities and Exchange Commission’s (SEC) chairman Gary Gensler, due to his resistant nature while comparing him to a fictional character from a 1990 classic. дальше »

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German MP Backs Bitcoin as Legal Tender as Alternative to Digital Euro CBDC

Joana Cotar, a member of the German Bundestag, has made a bold declaration in support of Bitcoin as legal tender, offering a compelling alternative to the ECB's proposed digital euro. This article delves into the implications of her stance for Germany's financial future. дальше »

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