Search
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
12.8.2024
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim
SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
11.8.2024
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced...
NY Judge Fines Ripple $125M After Prolonged SEC Lawsuit
8.8.2024
In a case brought by the Securities and Exchange Commission (SEC), ANALISA TORRES, a New York District Judge,…
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
8.8.2024
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty
New York judge nods $12.7B settlement between FTX, Alameda and CFTC
8.8.2024
United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
8.8.2024
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is...
Judge finds Ripple Labs liable for $125M penalty in SEC case
7.8.2024
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds
Judge finds Ripple Labs liable for $125M penalty in SEC case
7.8.2024
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case
7.8.2024
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday
Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com
3.8.2024
Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected,...
Judge grants ex-FTX exec’s request to postpone reporting to prison
31.7.2024
Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite
Judge approves delaying forfeiture of donations from FTX-funded PACs
26.7.2024
Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange
Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement
18.7.2024
Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming via its ‘refer-a-friend’ program
Judge reduces Ethereum dev’s prison sentence by 7 months
17.7.2024
Virgil Griffith could be eligible for release as early as January 2025 after pleading guilty to violating US sanctions on North Korea
Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case
16.7.2024
Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting...
Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair
16.7.2024
Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge
US Judge Extends Date for Tornado Cash Co-Founder’s Trial
15.7.2024
The trial of the co-founder of the controversial crypto mixer Tornado Cash, Roman Storm, on the accusations of money laundering has been pushed back by three months. Judge Katherine Polk Failla of the Southern District of New York granted the defense’s request for a delay, citing...
Nigerian Judge to Rule on Binance Tax Evasion Case in October
14.7.2024
Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS)....
Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP
14.7.2024
Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and...
Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
11.7.2024
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game