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SEC vs. Ripple: SEC files Letter of Supplemental Authority
12.4.2023
The legal clash between the SEC and Ripple has a new update. The US Securities and Exchange Commission has now filed a Letter of Supplemental Authority. The US agency aims to offer an extra-legal precedent to boost its motion for a summary judgment. A few days ago, a District of Massachusetts court...
Sphere 3D files lawsuit against Gryphon Digital Mining after BTC transfer
8.4.2023
An allegedly Bitcoin spoofing attack is behind the lawsuit between the companies that at one time considered merging
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
27.3.2023
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%
Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets
24.3.2023
Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
22.3.2023
Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon
Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles
22.3.2023
Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles.
The patent (WO2023039557 - NFT FRAMEWORK FOR TRANSFERRING AND USING DIGITAL ASSETS BETWEEN GAME PLATFORMS) was published on March...
Japan’s Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services
22.3.2023
Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically mentions “financial management of crypto assets,” “financial exchange of crypto assets,”...
Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles
21.3.2023
The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles, including non-Sony platforms like XBox
GameFi project Gala files $28M lawsuit against pNetwork
20.3.2023
The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak
SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value
17.3.2023
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation...
Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops Hacker from Stealing ETH 2,900
17.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: ‘If Government Bans Drugs, It Should Ban Crypto’, SVB Financial Group Files for Bankruptcy, BlockSec Stops...
Silicon Valley Bank's Parent Company Files for Bankruptcy
17.3.2023
The company said Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value
Breaking: SVB Financial Group files for Chapter 11 bankruptcy
17.3.2023
SVB Financial Group, the former umbrella entity of Silicon Valley Bank, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York to "preserve value."
Coinbase files brief in SEC Wahi case, says it doesn’t sell securities, but would like to
14.3.2023
The crypto exchange says in its amicus brief that the accused inside traders can’t answer for its listing decisions in the current regulatory uncertainty
Coinbase Files Amicus Brief in Insider Trading Case: ‘We Need Rulemaking’
14.3.2023
The exchange denies that any of the tokens former Coinbase manager Ishan Wahi inside-traded with associates were securities because Coinbase doesn’t list securities – but it would like to if the SEC gave it proper rules and guidance
Nissan files 4 new web3 trademarks, trials sales in the metaverse
13.3.2023
Nissan has recently filed four new Web 3 trademarks for its Infiniti, Nismo and Nissan brands
Maker DAO files emergency proposal addressing 3.1B USDC exposure
11.3.2023
"Proposal(s) implementing the above changes are expected to be posted in the next ~12 hours or less," says Maker
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
9.3.2023
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets...
‘Tonight Show’s’ Jimmy Fallon Files to Be Removed From Subpoena in Bored Apes Trademark Case
7.3.2023
Lawyers for “The Tonight Show” host Jimmy Fallon filed a motion to quash a document subpoena from conceptual artist Ryder Ripps on Monday, calling the move an “unwarranted fishing expedition for irrelevant material.”
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme
7.3.2023
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make...