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Federal Reserve Chairman Jerome Powell Calls BTC A ‘Speculative Asset’ Amid Coinbase Direct Listing
Cryptocurrencies have been around for more than a decade and have just gained global relevance in the last two years. This has been largely due to institutional investors seeing digital assets like Bitcoin as a hedge against inflation. дальше »
2021-4-16 22:11 | |
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US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction
A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give the court jurisdiction. According to a report, the dismissal of the case against represents the first such ruling “in a suite of similar cases filed by crypto investors represented by Selendy […] дальше »
2021-2-25 01:30 | |
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Should I buy Ripple? WSB sends XRP 90% higher
Ripple (XRP) price is trading over 40% higher at the moment after it initially exploded 90% to tit a 5-week high. Fundamental analysis: Ripple responds to SEC lawsuit In December, the US Security and Exchange Commission (SEC) filed a lawsuit against Ripple over the alleged violation of federal securities laws in selling the XRP cryptocurrency […] The post Should I buy Ripple? WSB sends XRP 90% higher appeared first on Invezz. дальше »
2021-1-31 23:23 | |
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Ripple Labs Files Rebuttal to SEC Charges
Ripple Labs officially answered the charges laid against it by the SEC on Dec. 23. The company filed its rebuttal with the U. S. Southern District of New York federal court on Jan. 29. The SEC claims that Ripple Labs and its current and former CEOs Brad Garlinghouse and Chris Larsen sold $1. дальше »
2021-1-31 16:54 | |
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Ripple files response to SEC's XRP lawsuit
Following US Securities Exchange Commission’s (SEC’s) allegations against Ripple Lab, the San Francisco-based firm has filed its answer to the Commission’s lawsuit in federal court. The respoThe post Ripple files response to SEC's XRP lawsuit appeared first on AMBCrypto. дальше »
2021-1-30 21:50 | |
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Ripple Partners Lulu Exchange to Facilitate UAE to India Cross-Border Remittance
Despite the lawsuit against Ripple, the fintech firm seems not moved. The recent announcement records another partnership deal between itself, Ripple, Lulu Exchange, a UAE-based exchange, and the Federal Bank, a leading Indian private bank. дальше »
2021-1-29 22:12 | |
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XRP supporters ask the federal government to view XRP as a currency
XRP supporters have come forth to fight for the digital asset as it performs poorly after the SEC filed a lawsuit against it. To this end, a person with the initials J. W filed a petition. Through this move, the proponent seeks to collect signatures from supporters to help XRP overcome the lawsuit, in which the SEC claims the coin is a security. дальше »
2021-1-4 19:56 | |
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Coinbase Sued For Helping Ripple Raise Billions by Selling XRP
A plaintiff, Thomas Sandoval, is lodging a class action lawsuit at a San Francisco federal court against Coinbase. He alleges that the exchange received commissions by helping Ripple sell XRP without registering with the United States Securities and Exchange Commission (SEC), approving them to sell securities, a filing captured on Dec 30 reveals. The SandovalRead More дальше »
2021-1-1 10:22 | |
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Justin Sun’s Tron Files Motion to Dismiss Lawsuit on Security Violations in Federal Court
Tron Foundation has filed to dismiss a class-action lawsuit against them in a New York federal court according to a motion filed on Dec 15. The lawsuit claims that Tron violated securities regulations during its Initial Coin Offering (ICO) back in 2017; Tron managed to raise around $70 billion at the time. дальше »
2020-12-17 16:50 | |
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Bitcoin Price Rises Ahead of FOMC Minutes; What to Expect Next?
Bitcoin rose Wednesday, right ahead of the release of the Federal Open Market Committee’s minutes from their November meeting. The benchmark cryptocurrency climbed 0. 13 percent to $19,198, with its rally slowing down as traders weighted vaccine progress against a persistent rise in coronavirus infections in the US. дальше »
2020-11-25 15:48 | |
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Prosecutors seek harsh punishment for a scammer behind a celeb-endorsed ICO
US federal prosecutors are requesting US District Judge Lorna Schofield to sentence a fraudster behind a celebrity-endorsed ICO to a long term in prison. A report unveiled this news on November 4, noting that the prosecutors filed a sentencing submission on October 31, demanding a harsh sentence against Robert Joseph Farkas, the co-founder of Centra Tech. дальше »
2020-11-4 15:27 | |
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‘Warning Shot’ for DeFi: Here’s Why BitMEX Charges are ‘Incredible Bearish’ for this Burgeoning Sector
Prosecutors in the United States filed criminal charges against BitMEX, accusing it of violating the federal Bank Secrecy Act. The CFTC has been investigating one of the biggest derivatives exchanges for some years now. дальше »
2020-10-3 19:31 | |
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Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
The U. S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation. дальше »
2020-8-29 22:30 | |
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Check Out Bitcoin And Gold’s “Uncanny” Correlation During Powell Speech
Yesterday, Federal Reserve Chairman Jerome Powell held a speech to talk about inflation and the impact on the economy. During Powell’s speech, the two top hedges against inflation pumped, then almost immediately dumped, faking out investors prepared to act on the bullish breaking news. дальше »
2020-8-29 18:04 | |
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Federal Court Dismisses Investors’ Claims against Ripple Regarding XRP
Coinspeaker Federal Court Dismisses Investors’ Claims against Ripple Regarding XRPThe Northern California District Court has dismissed the claims made by two investors against Ripple regarding XRP as false. дальше »
2020-7-31 16:41 | |
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Non-Event But Still Increased Exposure: Bitcoin Defined as ‘Money’ Under DC Federal Court
Bitcoin is a form of “money” under Washington D. C. Money Transmitters Act, a federal court said on Friday. The ruling was made in a criminal case against Larry Dean Harmon, who operated an underground bitcoin trading platform for running an unlicensed money transmitting business under D. дальше »
2020-7-25 17:14 | |
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Us Federal Court Ruling — Bitcoin Is a Form of Money
A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D. C. , Money Transmitters Act (MTA). The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform. дальше »
2020-7-25 13:30 | |
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American Bankers Association (ABA) Rails Against Fed-Run Digital Dollar
The American Bankers Association (ABA) has issued a statement railing against the use of a digital dollar, a distributed ledger technology (DLT)-based payments system run by the U. S. Federal Reserve. дальше »
2020-7-1 16:41 | |
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Law Firms Jump in to Lead Plaintiffs in EOS’s Block.One Securities Litigation
Two teams of lawyers have filed competing motions to lead plaintiffs in a lawsuit against Block-one, the company behind the cryptocurrency EOS for selling unregistered assets in violation of federal securities laws, reported Reuters. дальше »
2020-6-12 19:22 | |
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Gold Chart Shows Why Bitcoin Is The Fastest Horse In Race Against Inflation
Hyperinflation is coming as a result of the Federal Reserve’s money printer working overtime since the start of the pandemic. Investors have been increasingly looking towards gold and even Bitcoin as a hedge against monetary policy. дальше »
2020-6-10 18:00 | |
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Bitcoin Targets $20K against Fed and ECB’s Savage QE Policies
Bitcoin bulls eye a $20,000 yearly close against the Federal Reserve and the European Central Bank’s expansionary policies. Dan Morehead, the CEO of Pantera Capital, noted that the bitcoin market is already outperforming other assets since the Fed launched an unlimited bond-buying program in March 2020. дальше »
2020-6-6 15:00 | |
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JPMorgan Chase Settles $2.5M Case for Overcharging Crypto Clients
JPMorgan Chase Bank N. A has agreed to pay $2. 5 million to settle a class-action lawsuit against it after the bank was accused of overcharging its clients for making cryptocurrency transactions. The case was filed two years ago by a number of its clients in a Manhattan federal court. дальше »
2020-6-2 00:51 | |
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Ripple Securities Lawsuits Consolidated in California by Federal Court, XRP Price Down 1.6%
Coinspeaker Ripple Securities Lawsuits Consolidated in California by Federal Court, XRP Price Down 1. 6%It has become known that two securities lawsuits previously filed against Ripple Labs have been consolidated by the court in California. дальше »
2020-6-1 14:47 | |
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Ripple Suffers Early Defeat As Judge Rules XRP Securities Lawsuits Will Proceed As a Consolidated Suit
The ongoing legal battle between two different plaintiffs and Ripple, the company behind XRP, is entering its next phase. A federal court judge has ruled that the two class-action lawsuits against Ripple will be combined before being decided on a Federal level. дальше »
2020-5-30 23:54 | |
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Federal Judge Merges Two Cases Against Ripple
Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law, consolidation involves the merger of two or more cases that are similar in nature in order to optimize the judicial resources. дальше »
2020-5-29 17:06 | |
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Telegram drops TON appeal in US court
Telegram is no longer going to pursue an appeal against a court order barring it from launching the Telegram Open Network (TON), and distributing the Gram tokens. A US federal court in March issued an injunction that stopped the company from proceeding with the $1. дальше »
2020-5-26 18:02 | |
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US Court Continues with $1.8M Crypto Lawsuit against Telecom Giant AT&T
Two-time Emmy winner Seth Shapiro filed the lawsuit in December 2019 after a SIM-swap attack saw him lose worth $1. 8 million of crypto. A US federal judge has allowed a lawsuit against AT&T concerning the theft of $1. дальше »
2020-5-21 15:25 | |
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Leading exchanges & token issuers targeted by class-action lawsuits
Last week a series of lawsuits were filed against leading crypto exchanges and token issuers in a New York federal court. дальше »
2020-4-8 15:08 | |
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Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns
A federal prosecutor is arguing against the release requests of two men accused of masterminding the $722 million BitClub Network Ponzi scheme
дальше »2020-3-26 12:06 | |
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Court Blocks Telegram’s Token Issuance for Violating Securities Law
A US federal court has ruled in favor of a temporary restraining order against Telegram, effectively blocking the company from issuing its Gram tokens. This is an extension of a...The post Court Blocks Telegram’s Token Issuance for Violating Securities Law appeared first on Crypto Briefing. дальше »
2020-3-26 17:14 | |
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Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin
The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […] дальше »
2020-3-24 14:45 | |
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Former CIA Software Dev Who Allegedly Leaked Hacking Tools Gets a Mistrial
A U. S. federal judge declared a mistrial in a case involving an ex CIA software engineer who supposedly leaked secret hacking tools to WikiLeaks. This Monday, a U. S. federal judge in a Manhattan court ruled the case against a former CIA software developer a mistrial. дальше »
2020-3-11 14:20 | |
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Bitcoin: An Option Call Against the ‘Wrecking Ball’ that is the Dollar
The Federal Reserve’s emergency interest rate cut this week highlighted that the central bank is anticipating the troubled times ahead. Raoul Pai, the CEO of Real Vision Group, says Bitcoin, like gold, is emerging as a worthy hedge against the potential demise of the dollar. дальше »
2020-3-7 01:00 | |
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Analyst: BTC Trading like an Absolute Shitcoin; ‘Hedge Against a Mild Global Recession’
Yesterday, the US Federal Reserve announced an emergency cut of 50 basis points for the first time since the 2008 recession. Although the stock market initially climbed up on the news, it soon fell. дальше »
2020-3-5 22:15 | |
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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »
2020-3-4 16:20 | |
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Stocks Tanked on FED Rate Cut, Will Crypto Markets Climb?
The US central bank slashed interest rates for the fourth time in less than a year but stock markets reacted badly. Will crypto markets be a hedge against falling economies? FED Rate Cut Unwelcome Another Federal Reserve interest rate cut has been on the cards for some time. дальше »
2020-3-4 10:30 | |
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Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans
Over the past few years, a class-action lawsuit has been building against Ripple Labs, the San Francisco-based fintech company that is known in crypto for its involvement in XRP. Unfortunately for the upstart, it was unable to get the case thrown out by the federal judge, potentially threatening its intent to go public through the […] The post Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans appeared first on CryptoSlate. дальше »
2020-2-28 16:10 | |
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Crypto Market is a “Giant Garbage Dumpster”: Minneapolis Fed President
The crypto bashing encyclopedia now has a new soundbite addition, this time from Minneapolis Federal Reserve President Neel Kashkari calling cryptos a “giant garbage dumpster. ” I Won’t Gift My 1-Year-Old Daughter Bitcoin Speaking at the Montana Eco 2020 event in Montana on Tuesday (February 11, 2020), Kashkari argued against the entire utility proposition of cryptos. дальше »
2020-2-13 19:00 | |
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US Lawmakers Urge FCC to Step Up Its Action Against SIM Swaps
Six U.S. lawmakers have written to the Federal Communications Commission urging it to put pressure on telecoms providers to mitigate the risk of SIM swap attacks
дальше »2020-1-11 16:40 | |
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Bitcoin IRA Could Face Sanctions as Lawsuit Intensifies
Custodian Kingdom Trust recently turned to a federal judge to call for sanctions against Bitcoin IRA after its lawyers filed the same court action in several different jurisdictions. Trust Kingdom, Bitcoin IRA Fight Heats Up Despite the fact that the cryptocurrency space is only 11 years old, there have already been several grudges that lasted for a long time, now. дальше »
2020-1-9 15:00 | |
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Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom
Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […] дальше »
2019-12-8 19:05 | |
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