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US District Judge Rejects Approach in SEC v Ripple Ruling on XRP


A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over...

Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case


A US Judge has denied Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC).  On Monday, US District Judge Jed Rakoff rejected Terraform Labs' arguments that the SEC lacked jurisdiction and that its TerraUSD stablecoin did...

Richard Heart and 3 entities get charged by the SEC


The US Securities & Exchange Commission, also known as the SEC, has grabbed Richard Herat for raising funds through an unregistered crypto-asset offering. Richard reportedly raised over a billion dollars and misappropriated them to buy luxury items. Others charged for the same case are three...

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