Terraform Labs Shocks SEC As Lawyers Cast Doubt On The Regulator’s Conduct

Terraform Labs has landed a huge blow against the Securities and Exchange Commission (SEC) in its ongoing legal battle with the Commission. Lawyers representing the crypto firm have called the Commission’s conduct into question and used a recent case to back up its argument on why judgment should be given in their favor.  Terraform Labs […]

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Terraform Labs cites SEC’s alleged misrepresentations in DEBT box case in its own bid for summary judgment

Terraform Labs, facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), made a request on Dec. 4, 2023, for a summary judgment to conclude the case. Citing the treatment of a separate firm, DEBT Box, in ongoing SEC litigation, the defense pointed out that the regulatory body had misrepresented facts in that […] The post Terraform Labs cites SEC’s alleged misrepresentations in DEBT box case in its own bid for summary judgment appeared first on CryptoSlate.

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Terraform Labs highlights SEC’s potential sanction in Do Kwon’s case

The legal team of Terraform Labs and its founder, Do Kwon, has drawn attention to a potential sanction threat against the SEC by a Utah federal judge.

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Terraform Labs and Do Kwon face class-action lawsuit in Singapore

Terraform Labs, a Singapore-incorporated company behind the Terra blockchain, and its co-founder Do Kwon, are now grappling with the advancement of a class-action lawsuit in Singapore. The High Court recently dismissed the defendants’ attempt to shift the case to arbitration, marking a significant development in the legal saga.

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Jump Crypto allowed to submit certain info confidentially in SEC’s case against Terraform Labs

A U. S. court has ruled that Jump Crypto, which has been identified as a “third party” in the SEC’s ongoing case against Terraform Labs, will be allowed to submit certain information to the court in confidence, according to a Nov.

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Montenegro court approves Do Kwon’s extradition

The court in Podgorica made a positive decision in the extradition case of Terraform Labs founder Do Kwon. According to the document, the requests of both the South Korean and US authorities were satisfied. The final decision on where to…

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Terraform Labs’ Do Kwon loses appeal in Montenegro passport fraud case

Do Kwon, the founder and former CEO of Terraform Labs, lost an appeal after being convicted of passport fraud, a Montenegro court ordered on Nov. 16. In June, Kwon and fellow Terra associate Han Chang-joon were convicted of falsifying passport documents by the Basic Court in Podgorica, Montenegro’s capital city.

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Terraform Labs Urge Judge To End SEC’s Securities Fraud Lawsuit

Attorneys representing Terraform Labs and Do Kwon have filed a motion for summary judgment, arguing that the defendants didn’t do anything wrong and the judge overseeing the case should make a ruling without moving the case forward to a trial.

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Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court

The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.

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Ripple Vs SEC: Judge Sets Schedule For Discovery And Briefing, What This Means

The XRP court case may be seeing an end soon as Judge Torres has officially scheduled dates for remedies discovery and briefing between Ripple Labs and the US SEC.  Ripple Lawsuit Enters Remedies Discovery Phase United States District Judge Analisa Torres has set dates for remedies discovery and briefing in the lawsuit between the United […]

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US SEC moves for summary judgment in case against Terraform Labs and Do Kwon

The U. S. Securities and Exchange Commission (SEC) wants the court to issue a summary judgment in its case against Terraform Labs and its co-founder, Do Kwon. In a court filing dated Nov. 2, the SEC contended that the defendants’ violations were abundantly clear and undisputed, obviating the necessity for a full trial.

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U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs

The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.

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Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities.

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Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”

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Yuga Labs wins $1.6M in Bored Apes trademark infringement case

On Oct. 26, Yuga Labs, the company behind the popular Bored Ape Yacht Club (BAYC) NFT collection, announced that two individuals who infringed on its brand had been ordered by the court to pay damages and cease their infringing activities.

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Ripple Vs. SEC: Judge Torres Clarifies Next Steps In The Legal Battle

In the ongoing legal case between the US Securities and Exchange Commission (SEC) and Ripple Labs, Inc. , the latest document filed in court brings a new direction to the procedural conduct of the case.

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Ripple Lawsuit: XRP ‘Blow Up’ Nears As SEC Clears Brad Garlinghouse and Chris Larsen of All Charges

In a surprising move, the United States Securities and Exchange Commission (SEC) has announced the dismissal of its case against Ripple Labs' CEO Brad Garlinghouse and founder Chris Larsen, marking a significant turning point in the ongoing legal battle between Ripple Labs Inc.

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SEC Drops Lawsuit Against Ripple Executives in Major Win for Crypto, XRP Immediately Jumps 4%

the Securities and Exchange Commission (SEC) has agreed to dismiss its high-profile lawsuit against Ripple Labs executives Brad Garlinghouse and Chris Larsen. The SEC had alleged that Ripple’s XRP cryptocurrency was an unregistered security, but after years of contentious litigation, the regulator moved to drop the case entirely on Thursday.

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‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal

The lawyer representing Ryder Ripps and Jeremy Cahen struggled to convince a panel of judges that Yuga Labs’ case against his clients should be thrown out under California’s anti-SLAPP statute.

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Court orders Genesis to produce subpoenaed documents in Terraform Labs case

Genesis and its associated companies were ordered by a judge to produce documents on Oct. 13, as part of a securities case initiated by the U. S. Securities and Exchange Commission (SEC) against Terraform Labs.

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Metacade Staking V2: A whopping 412 million MCADE staked in 24 hours

Metacade (MCADE), a community-led gaming platform that recently made headlines after a major partnership with Polygon Labs, has recorded another milestone that strengthens the bullish case for the native token.

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XRP Lawsuit: John Deaton Concurs “The SEC Harmed a Lot of Innocent People” Pursuing the Ripple Case

John Deaton, a prominent pro-Ripple lawyer representing over 75,000 individuals affected by the SEC v. Ripple case, has spoken out against the U.S. Securities and Exchange Commission's (SEC) actions in the lawsuit against Ripple Labs and co-defendants.

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Judge denies motion to dismiss in Compound DAO case update

A federal judge in California denied the motion to dismiss the case against Compound Labs and its associated entities, after allegations of violating financial regulations. This means owners of the COMP token can move ahead with their lawsuit. Partner identification…

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XRP Lawyer Praises Ripple Community’s Role in Shaping SEC Case Trajectory

In a recent development that has caught the attention of the cryptocurrency community, John E. Deaton, a prominent lawyer and the founder of CryptoLaw, has emphasized the significant role played by ordinary investors in the ongoing lawsuit between the United States Securities and Exchange Commission (SEC) and Ripple Labs.

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Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint

A judge for the United States District Court of Southern New York dismissed a class action suit against Uniswap in a filing dated Aug. 30. The lawsuit, which targeted Uniswap Labs as well as venture capital defendants Paradigm, Andreessen Horowitz, and USV, claimed that the plaintiffs suffered financial losses due to investing in scam tokens […] The post Uniswap Labs, VC backers cleared of liability in scam token case as judge dismisses complaint appeared first on CryptoSlate.

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SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony

John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on.

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XRP Price At Make-Or-Break Moment, Key Levels To Watch

The XRP price is facing an extremely crucial juncture, which could become a make-or-break moment for the cryptocurrency. After the XRP token managed to rally almost 100% after the summary judgment in the case between Ripple Labs and the US Securities and Exchange Commission (SEC), there is almost nothing left of the gains just 43 days after the ruling, NewsBTC reported.

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XRP Lawsuit: Trial Date Revealed As Three Lawyers From SEC’s Legal Team Quit Case

The U.S. Securities and Exchange Commission (SEC) has lost three attorneys from its legal team amid news that a federal judge has scheduled a trial for the remaining arguments in the case with Ripple Labs.

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No, the SEC Isn’t Challenging Ripple’s XRP Security Status — Here’s What is Happening

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Interlocutory Filing Sheds Light On SEC’s Stance Regarding XRP’s Security Status

Amid the SEC vs Ripple case, the United States Securities and Exchange Commission (SEC) has filed an interlocutory appeal on XRP’s security status and has made an inquiry from the US District Court in the Southern District of New York (SDNY) to certify its appeal against Ripple Labs. This significant step in the SEC vs […]

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Ripple Faces New Hurdle As Judge Torres Approves SEC’s Interlocutory Appeal

In the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), Judge Torres has granted the SEC’s request to file an interlocutory appeal. The decision, based on a review of the parties’ letters dated August 9 and 16, 2023, marks a significant milestone in the case. The SEC’s successful request […]

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Ripple Vs. SEC: Torres Receives Motion By Mysterious Investment Banker

In the ongoing legal tussle between the US Securities and Exchange Commission (SEC) and Ripple Labs, a document was filed yesterday. A mysterious non-party, referred to as the “Investment Banker Declarant,” has officially re-entered an appearance through counsel in the case overseen by Judge Analisa Torres.

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Sotheby’s Added as Defendant in Investors’ Lawsuit Over BAYC NFTs

Sotheby's faces legal action alongside Yuga Labs over BAYC NFTs. Investors allege misleading promotion and manipulation, marking a pivotal case in the NFT space. The post Sotheby’s Added as Defendant in Investors’ Lawsuit Over BAYC NFTs appeared first on NFT News Today.

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Solana Cuts Saga Price By 40%, But Case For New SOL Yearly High Increases

Solana Mobile, a subsidiary of Solana Labs, announced a significant 40% price reduction for its Saga smartphone, slashing the price from its initial $1,000 to a more affordable $599. This move comes just four months after the phone’s launch, sparking a flurry of reactions from the crypto community.

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Jury trial in SEC v. Ripple Labs to be set for Q2 2024

Two Ripple executives named in a federal securities case have been scheduled for a jury trial, according to a court filing dated Aug. 9. The upcoming proceedings concern Ripple CEO Brad Garlinghouse and Ripple co-founder Chris Larsen.

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Federal judge dismisses Ripple ruling in Terra case

New York federal judge granted permission to the SEC to proceed with its case against Terraform Labs Pte and its founder, Do Kwon. Judge Rakoff’s decision involved rejecting the differentiation drawn in the Ripple case regarding public and institutional sales…

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Crucial decision by Judge Rakoff: Terraform Labs case moves forward despite Ripple ruling

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Terraform Labs receives approval to subpoena FTX files

Judge John Dorsey from the U. S. Bankruptcy Court has sanctioned Terraform Labs’ request to subpoena vital documents, potentially aiding its defense against fraud charges made by the SEC in the ongoing FTX bankruptcy case.

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Ripple legal chief says Terra ruling does not change XRP’s status

Ripple Chief legal officer Stuart Alderoty has poured cold water on notions that the ruling in the Securities and Exchange Commission’s (SEC) case against Terraform Labs would impact XRP’s status.

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XRP Verdict: Ripple Chief Legal Officer Confident In Another Win Should SEC Choose To Appeal

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Ripple Labs Case: CEO Brad Garlinghouse Slams SEC ‘Absurd’ Remarks

Brad Garlinghouse, the CEO of Ripple, has voiced his strong concerns regarding the regulatory landscape for digital assets in the United States, criticizing the Securities and Exchange Commission for the “mess” it has created.

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Ripple CEO Brad Garlinghouse: ‘The SEC created this mess’

Brad Garlinghouse has lashed out at the SEC for its “absurd” comments on the Ripple Labs case.

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SEC Hints at Challenging Court XRP Ruling in Separate Lawsuit

The U.S. Securities and Exchange Commission (SEC) has given itsresponse to the recent court decision in its case against Ripple Labs, arguing that XRP isn’t a security when sold to...

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Terraform Labs Plays Hardball In SEC Case, Requests Subpoena For FTX Documents

Terraform Labs (TFL), the developer of the failed Terra blockchain, has filed a court motion requesting permission to subpoena bankrupt cryptocurrency exchange FTX for relevant documents that it can use to defend itself against an ongoing case brought by the U.

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Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense

Terraform Labs (TFL), the developer of the failed Terra blockchain, wants to subpoena bankrupt FTX for relevant documents it could use to defend its case against the U. S. Securities and Exchange Commission (SEC), according to a July 19 court filing.

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Coast Not Clear For Coinbase Despite XRP’s Victory Over The SEC — Here’s Why

Ripple Labs’ split victory over the U.S. Securities and Exchange Commission (SEC) elicited waves of optimism for Coinbase in its case against the regulator. However, analysts have warned that the exchange still faces an uphill climb.

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Judge Orders Ripple And SEC To Schedule Settlement Conference

In the ongoing legal battle between Ripple Labs and the U. S. Securities and Exchange Commission (SEC), District Judge Analisa Torres has referred the case to Magistrate Judge Sarah Netburn for General Pretrial, including the crucial aspects of scheduling, discovery, non-dispositive pretrial motions, and settlement.

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What the SEC vs Ripple ruling means for the Grayscale (GBTC) vs SEC case

The biggest crypto news of the week was the remarkable victory by Ripple Labs in a prolonged case in New York. The victory unleashed a major rally in cryptocurrencies, with XRP and XLM prices surging by more than 50%.

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