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Experts say latest SCOTUS opinions will limit SEC power over crypto

1.7.2024
The conservative members of the U.S. Supreme Court sided with two majority opinions that could have lasting implications for federal agencies to enforce laws

Roaring Kitty faces securities fraud claims in ‘doomed’ GME lawsuit

1.7.2024
Keith Gill is facing a new class-action lawsuit stemming from his recent social media posts. However, a lawyer says the case is likely “doomed” to fail

Court Dismisses SEC Claim on Secondary Sales of BNB

30.6.2024
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However,...

SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations

29.6.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal communications of SEC Chair Gary Gensler. The SEC argues that the subpoena is irrelevant and imposes undue...

Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry

29.6.2024
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector....

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

29.6.2024
Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend...

SEC’s Case Against Binance Moves Forward With Major Allegations Intact

29.6.2024
The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims...

Court allows most SEC claims to proceed in Binance suit

29.6.2024
Judge Amy Berman Jackson however dismissed the SEC’s claim that BNB is traded illegally on secondary markets, citing the Ripple decision

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation

28.6.2024
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power

28.6.2024
The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing

Supreme Court Rules SEC In-House Penalty Proceedings Violate Seventh Amendment

27.6.2024
The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right to a jury trial. The case arose from the SEC’s action against George...

U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators

27.6.2024
The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial

Hydrogen Technology Execs Jailed for HYDRO Price Manipulation

26.6.2024
CEO Michael Kane and Shane Hampton, head of financial engineering, were sentenced to a total of more than six years in prison

Cash or crypto? FTX creditors to vote on how they're paid back

26.6.2024
FTX lawyers stressed that in-kind crypto payouts would clash with bankruptcy laws but several creditors feel shortchanged by the proposed cash repayments plan

Ex-fintech CEO sentenced to 3.75 years over price manipulation scheme

25.6.2024
A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines

Ripple CEO Hails Latest Court Ruling ‘a Big Win’ — Calls His Lawsuit Baseless Troll Attempt

23.6.2024
Ripple CEO Brad Garlinghouse says the latest court ruling on Ripple’s securities lawsuit “is a big win.” He stressed that “absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security.” The Ripple executive slammed...

Ripple Clarifies XRP Is Not a Security After New Court Ruling

22.6.2024
Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...