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Ripple Asks Judge to Deny SEC’s New Discovery Requests Concerning XRP

23.1.2024
Ripple Labs has opposed the requests by the U.S. Securities and Exchange Commission (SEC) for post-compliant discovery concerning XRP. Ripple argued that the regulator’s requests are “untimely” and “the SEC has failed to justify each of its requests on...

Best Crypto to Buy Now January 22 – Frax Share, Litecoin, Siacoin

22.1.2024
For investors seeking the best crypto to buy now, Siacoin (SC) makes a compelling case with its price increasing 33.42% over the past week, despite broader cryptocurrency market declines. Frax Share and Litecoin are also top options, while new presales of Bitcoin Minetrix and Launchpad XYZ also...

Litigation Analyst Gives Coinbase a 70% Shot at Full Dismissal in SEC Case

22.1.2024
According to Bloomberg senior litigation analyst Elliott Stein, the major US-based crypto exchange Coinbase might be looking at a favorable outcome in its legal battle against the US Securities and Exchange Commission (SEC). In a recent post on X, Stein shared his analysis of the case and expressed...

Sri Lanka’s Stance on Crypto and the Launch of ‘Lanka Pay’ in 2024

22.1.2024
Sri Lanka has always been a country where cash is king and this remains the case despite the country planning to introduce its digital currency by the end of 2024. Once dubbed “the pearl of the Indian Ocean” — Sri Lanka is known for producing the finest tea, fresh coconuts,...

FTX Under New Scrutiny: Appellate Court Orders Independent Investigation

21.1.2024
An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an investigation by an external party. This ruling points...

Security Definition at the Core of Coinbase v SEC First Scuffle

19.1.2024
Coinbase, a U.S based cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) had their first scuffle as New York’s Judge Katherine Polk Failla weighted in on a motion to dismiss the case in which the regulator alleges the exchange was involved in facilitating the trade...

Shanghai Court Issues Verdict in First Digital Yuan Money Laundering Case

18.1.2024
A Shanghai court has issued a verdict for the first instance of money laundering using Chinese digital yuan and cryptocurrency, marking a significant legal precedent of crypto-related crimes in China. According to Shanghai Securities News, the Yangpu District People’s Court of Shanghai...

Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial

18.1.2024
The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case. The recent decision by the 5th Criminal Division of the Seoul High Court follows Lee’s earlier acquittal in January 2023 on comparable charges...

Best Crypto to Buy Today January 17 – Bittensor, BEAM, Chiliz

17.1.2024
With the TAO price up amidst Bittensor’s development spike, BEAM’s anniversary rally, and CHZ’s 38.78% gain for the past week, all three projects make their case for the best crypto to buy today–alongside crypto presales like Bitcoin Minetrix and Sponge V2 Token, which...

Arguments Conclude in Coinbase and SEC Case, Judge Holds on Decision

17.1.2024
Oral arguments kicked off in Manhattan Wednesday regarding the highly anticipated case against Coinbase brought forward by the United States Securities and Exchange Commission (SEC). “The SEC has violated due process” The federal agency originally filed the lawsuit against Coinbase in June 2023...

Brad Garlinghouse discusses about SEC versus Ripple case

17.1.2024
Brad Garlinghouse, the Chief Executive Officer of Ripple, recently interacted with the media. Brad has played down the possibility of XRP-ETF; however, he has endorsed the possibility of ETH-ETF. This comes in the wake of the US SEC approving applications for Spot Bitcoin ETF. That has triggered...

Terra’s Do Kwon Seeks Trial Delay, Citing Extradition Holdup

14.1.2024
Terraform Labs co-founder Do Kwon has requested that the judge in his fraud case delay the trial date, currently set for Jan. 29, 2024, because Kwon is still tied up in extradition proceedings in Montenegro. Terra’s Do Kwon Requests Trial Postponement Due to Extradition Issues In a letter...

OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail

10.1.2024
Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...

Bitcoin ETFs: The Bear Case

8.1.2024
Bitcoin exchange traded funds may not actually be approved, due to the SEC’s long-held concerns about market manipulation. And, if they are, they could change the nature of Bitcoin itself, to the detriment of Satoshi Nakamoto’s original vision, say critics

Bitcoin ETFs: The Bull Case

8.1.2024
One train of thought says that SEC approval of spot bitcoin ETF will send the market flying. Here’s how that could play out. In a separate post, we review the bear case, where the market may not react with such optimism

US SEC Cites Terraform Case in Coinbase, and Binance Rulings

5.1.2024
Source: Pixabay The US. Securities and Exchange Commission (SEC) has cited the Terraform Labs recent ruling during the Coinbase and Binance hearings strengthening its claim that the cryptocurrency exchanges went against the securities law. On 28 December, the SEC ruled that Terraform Labs tokens...

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