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SEC case against top Ripple executives dropped

The US Securities and Exchange Commission (SEC) has dropped charges in its case against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. SEC’s vote to dismiss the case against the two Ripple executives was announced late Thursday, with an agreement by both parties meaning the trial that was expected in April 2024 will not […] The post SEC case against top Ripple executives dropped appeared first on Invezz. дальше »

2023-10-21 12:13


What is a Cryptocurrency Clawback Provision?

Cryptocurrency holders with assets in bankrupt cryptocurrency interest account providers like Celsius Network were introduced to a new scary term– clawback provisions. A cryptocurrency clawback provision effectively states that customers (and insiders, execs, and other parties we’ll describe below) who withdraw their cryptocurrency assets before 90 days of a debtor (company going bankrupt) declaring bankruptcy […] The post What is a Cryptocurrency Clawback Provision? appeared first on CoinCentral. дальше »

2023-10-12 21:44


Why Did Most Crypto Interest Accounts Fail in 2022?

The simple business model of making money on the spread between lending and interest paid to users seems sound, especially if the loans are over-collateralized and issued to trustworthy parties. The practice of lending can be traced back over 5,000 years to 3000 BC in ancient Mesopotamia; cryptocurrency lending is just an evolution. дальше »

2023-10-10 23:13


Lawmakers from both parties urge Gensler to approve spot Bitcoin ETF ‘immediately’

Four members of Congress have dispatched a letter to the Securities and Exchange Commission (SEC) today calling for immediate approval of a spot Bitcoin Exchange-Traded Fund (ETF). The letter argues that the SEC’s recent appeals court loss to Grayscale Investments underscores the untenability and unlawfulness of the agency’s existing policy of rejecting such ETFs. дальше »

2023-9-27 23:50


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 […] дальше »

2023-8-18 04:00


Celsius reaches key settlements in bankruptcy proceedings

Celsius could return  customer assets by the end of the year after parties resollved two key bankruptcy issues. CEL price rose more than 12% to $0.18 before paring gains. The price of Celsius Network token CEL was up by more than 12% on Saturday afternoon to rank among the top gainers on the day as […] The post Celsius reaches key settlements in bankruptcy proceedings appeared first on CoinJournal. дальше »

2023-7-23 23:21


Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange

“Eeon,” an individual that claims to represent Binance customers, attempted to enter an ongoing securities case concerning the exchange company on July 14. Eeon and the affected customers wrote in a filing: “We are the proper parties to this matter as we have been identified by the Court in its Order issued on June 17, […] The post Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange appeared first on CryptoSlate. дальше »

2023-7-15 01:40