Stablecoin Issuer Tether (USDT) Lauds Legal Victory in Reserves Challenge

A US District Court has dismissed a class action lawsuit against Tether, the world's largest stablecoin issuer, questioning the legitimacy of its reserve statements. The post Stablecoin Issuer Tether (USDT) Lauds Legal Victory in Reserves Challenge appeared first on BeInCrypto. дальше »

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Tether declares victory in class action lawsuit as judge dismisses case

Tether declared a legal victory on Aug. 4 as it reported that a class action suit concerning its USDT stablecoin had been dismissed in court. The case began in December 2021 when plaintiffs Matthew Anderson and Shawn Dolifka made allegations about USDT’s backing. дальше »

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XRP Verdict: SEC Appeal Could Actually ‘Amplify’ Ripple’s Landmark Victory, CLO Asserts

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Craig Wright loses appeal in Peter McCormack defamation case

Craig Wright has maintained he’s the creator of Bitcoin. UK’s Court of Appeal has dismissed his appeal over judgement given by the trial judge in a libel case against Peter McCormack. дальше »

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UK Government Firmly Rejects Proposal To Treat Crypto Like Gambling

The United Kingdom’s HM Treasury has dismissed a House of Commons Treasury Committee recommendation to regulate the crypto industry like gambling, noting that it “firmly disagrees” with the committee’s view. дальше »

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BlockFi CEO was aware of FTX’s conditions when lending to it

A recent court report alleges BlockFi CEO Zac Prince dismissed repeated warnings from his risk management team about the shaky financials of major counterparty FTX. According to the report, Prince pushed to increase lending to FTX and sister entity Alameda… дальше »

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Binance recently laid off 1,000 employees: report

Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated its 6th birthday on July 14. дальше »

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Stellar (XLM) Price Breaks Year-Long Resistance: Is the Crypto Universe Shifting after Ripple’s win? XRP Skyrockets: $0.92 the Next Target

A U. S. District Judge dismissed some regulatory allegations against Ripple Labs, the company behind XRP. The judge agreed with Ripple’s argument that roughly half of its sales of XRP didn’t constitute an illegal securities offering. дальше »

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JPMorgan Says Bitcoin ETF Won’t Impact Prices, But History Suggests Otherwise

JP Morgan dismissed the potential for a Bitcoin ETF to reshape the market. The history of Gold ETFs provides a strong comparison. The post JPMorgan Says Bitcoin ETF Won’t Impact Prices, But History Suggests Otherwise appeared first on BeInCrypto. дальше »

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Binance CEO dismisses concerns that institutional crypto ETFs threaten decentralization

In a Twitter Spaces conversation on July 5, Binance CEO Changpeng Zhao said dismissed worries that large companies posed a threat to the crypto sector. Over the past several weeks, leading asset managers, including BlackRock and Fidelity, have applied for spot Bitcoin ETFs. дальше »

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Coinbase files to have the lawsuit by the SEC dismissed for lack of merits

Coinbase accuses the SEC of allowing it to go public with the same digital assets listed and later claiming to be unregistered securities. Coinbase’s lawsuit comes days after Binance’s motion alleging SEC misconduct was denied. дальше »

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FTX's SBF Fails to Get Criminal Charges Dismissed

Judge Lewis Kaplan has denied his motion to dismiss or sever most of the charges in his thirteen-count criminal indictment дальше »

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Victory For Galaxy Digital As Court Throws Out BitGo’s $100M Claim

A United States court in Delaware just dismissed a year-long case between Galaxy Digital, a crypto investment company, and BitGo, a digital asset custody and security company. BitGo filed claims against the crypto investment firm last year over a supposedly botched acquisition deal. дальше »

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Galaxy Digital wins dismissal of BitGo lawsuit, looks to non-US markets amid ‘legislative stalemate’

A Delaware court dismissed BitGo’s lawsuit against Galaxy Digital on June 12 for prematurely backing out of its offer to acquire the former for $1. 2 billion. BitGo had argued that the agreement was terminated before it was intended to end and is owed damages under the termination fee clause. дальше »

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BitGo's Suit Against Galaxy Digital Over Canceled $1.2B Purchase Dismissed by Delaware Judge

Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market. дальше »

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US judge revives crypto lawsuit against Kardashian and Mayweather

Judge revives EMAX class action lawsuit against Kim Kardashian and Floyd Mayweather, accusing them of unlawful marketing in the cryptocurrency world. The lawsuit had been dismissed just a while back. дальше »

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EMAX class action against Kim K and Mayweather is back on, says judge

While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities. дальше »

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IRS Can Access Your Coinbase Trade Records, John Doe Summons Valid

A U.S. Federal court has confirmed that the Internal Revenue Service (IRS) holds the authority to demand user data from Coinbase, a leading cryptocurrency exchange. The verdict dismissed constitutional objections... дальше »

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Prosecutors uphold SBF charges as defense arguments dismissed

Prosecutors have requested a Manhattan federal court judge to deny FTX founder Sam Bankman-Fried's motion to dismiss criminal charges brought against him. Bankman-Fried is accused of embezzling billions of dollars from clients to cover losses at his hedge fund. дальше »

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FTX: Why SBF's case may not be dismissed soon

FTX prosecutors have urged the judge overseeing the case to dismiss Sam Bankman-Fried's motion to dismiss criminal charges. The disgraced founder argued that the charges against him were rushedThe post FTX: Why SBF's case may not be dismissed soon appeared first on AMBCrypto. дальше »

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U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network

Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators. дальше »

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Former FTX CEO Sam Bankman-Fried wants most criminal charges dismissed

Sam Bankman-Fried (SBF), who previously served as CEO and co-founder of FTX, is seeking to have most of the criminal accusations against him dropped by federal prosecutors. дальше »

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Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security

The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act. дальше »

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Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show

The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said. дальше »

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Terraform co-founder Do Kwon asks court to dismiss the SEC lawsuit, here's why

Do Kwon's lawyers argued in court that SEC's lawsuit should be dismissed. U.S. authorities sued Kwon for allegedly scamming U.S. investors. According to a news report, the lawyers for TerrafThe post Terraform co-founder Do Kwon asks court to dismiss the SEC lawsuit, here's why appeared first on AMBCrypto. дальше »

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Bitcoin’s ledger makes it a superior store of value, but gold bugs are still failing to understand this.

Luke Groom, a civil engineer, JD-MBA student and part-time strategy associate with Marathon Digital Holdings, has written an opinion editorial highlighting how many of the values of gold bugs overlap with Bitcoin but are often dismissed due to a lack of understanding of Bitcoin’s superiority in terms of its digital ledger. дальше »

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‘Ludicrous’ to think Signature Bank’s collapse was connected to crypto, says NYDFS head

The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement “Operation Choke Point 2.0.” дальше »

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Elon Musk, Tesla Want $258 Billion Dogecoin Case Dismissed

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Ex-Credit Suisse CEO's Bitcoin (BTC) Bubble Call Backfires

In 2017, former Credit Suisse CEO Tidjane Thiam dismissed Bitcoin as a bubble. Six years later, Bitcoin has surged 318%, while Credit Suisse has been sold for a mere $3 billion дальше »

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Peter Brandt Calls $1 Million Bitcoin (BTC) Price Prediction “Stupid”

Trader Peter Brandt has dismissed Balaji Srinivasan's prediction of a $1 million Bitcoin price within 90 days as "stupid," joining a chorus of skepticism and criticism from the crypto community дальше »

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Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits

The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.

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'Bitfinex, Tether Proud Partners of Global Law Enforcement': Tether's Statement on 'WSJ FUD'

Team of Tether and Bitfinex dismissed report by Wall Street Journal, referring to it as 'WSJ FUD' дальше »

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Has Tokenization’s Moment Finally Come?

Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms. дальше »

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Crypto Investors' $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge

The class action lawsuit filed in 2020 alleged that Maker-related entities knowingly misrepresented risks of holding collateral debt positions and caused heavy losses for some users during the March 2020 market crash. дальше »

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Binance CEO Denies Report About Delisting U.S.-Based Projects

Binance CEO Changpeng Zhao has dismissed rumors of the exchange considering the delisting of US-based cryptocurrencies amid growing regulatory scrutiny in the country дальше »

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Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court

A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk's request for information about the financial reserves backing the USDT token. дальше »

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Coinbase former manager wants insider trading case dismissed

Lawyers for former Coinbase manager Ishan Wahi and his brother Nikhil Wahi requested that the case be dismissed. дальше »

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US court dismisses claim Coinbase sold unregistered securities

A US judge has dismissed a lawsuit that alleged the crypto exchange Coinbase Global Inc (NASDAQ: COIN) sold unregistered securities, Reuters reported. The class action lawsuit, filed in 2021, also claimed that Coinbase had not registered as a broker-dealer with the US Securities and Exchange Commission (SEC). дальше »

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Coinbase’s class action lawsuit dismissed as the firm pauses NFT drops

Client accusations on coinbase that they sold unregistered securities have been dismissed according to recent reports. The development comes after the firm just announced it was pausing all NFT drops. дальше »

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Judge dismisses proposed class-action suit alleging Coinbase securities sales

The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts. дальше »

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Justin Sun disputes reports of layoff discussions at Huobi

Justin Sun has dismissed reports of significant layoffs at Huobi, one of the biggest crypto exchanges in the world. дальше »

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This Week in Crypto: SBF Statements and Arrest, Robinhood in Peril and Kardashian Case Dismissed

Crypto News: Here are the most popular stories from across the cryptosphere as featured on BeInCrypto this past week. The post This Week in Crypto: SBF Statements and Arrest, Robinhood in Peril and Kardashian Case Dismissed appeared first on BeInCrypto. дальше »

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Kardashian Lawsuit Dropped as Crypto Promoters Under Fire

A federal judge has dismissed a class action lawsuit against celebrities, including Kim Kardashian, for promoting the cryptocurrency EthereumMax. The post Kardashian Lawsuit Dropped as Crypto Promoters Under Fire appeared first on BeInCrypto. дальше »

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Kim Kardashian, Floyd Mayweather Legal Case for Shilling EMAX Crypto Shut Down

Two celebrities were accused of promoting cryptocurrency to "dupe" potential investors, but now case gets dismissed дальше »

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Lawsuit against Kim Kardashian and Mayweather dismissed

According to a recent press release, judge Fitzgerald dismissed the lawsuit against EthereumMax, Kim Kardashian and Mayweather. According to the judge, failure of the fillings to adhere to the heightened pleading requirements caused his decision. дальше »

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Fox reporter refutes rumors on Ripple/SEC case

A fox reporter, in a recent statement, dismissed claims that the Ripple/SEC case was soon coming to an end. According to the report, the accusations made on the case were wrong. дальше »

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El Salvador President Bukele denies having bitcoins held by FTX

Bukele, El Salvador's president, dismissed earlier claims made by Novogratz, who claimed El Salvador held Bitcoins in FTX. His actions triggered reactions from the Bitcoin community, who later apologized for his acts. дальше »

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Kim Kardashian Looks Set to Win Investor Lawsuit Over EthereumMax: Report

Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over the cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case Monday, according to a Bloomberg report. дальше »

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FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token

FTX CEO Sam Bankman-Fried has dismissed speculation over whether the company has enough capital to cover its liabilities and customer deposits. дальше »

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Polygon powers India police complaint portal, battling corruption

The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated. дальше »

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