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Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach


The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...

Bankruptcy Court Backs Bittrex in Cryptocurrency Freeze Dispute


The bankruptcy proceedings of Bittrex Inc. involved a legal dispute over claims filed by Azim Ghader, who sought recovery for lost profits and damages after his cryptocurrency was frozen on the Bittrex exchange in 2017. The United States Bankruptcy Court for the District of Delaware found that...

The New York Times Issues Court Threats To Geography Game Worldle


If you’re three or older, you might remember a brief window of happiness in the annus horribilis that was 2021: Wordle. It was such a lovely time, not just because of Josh Wardle’s splendid little daily puzzle game that provided light in an era of lockdowns, but also because of the multiple...

Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M


The US District Court for the District of Utah on Tuesday threw out the SEC's case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions. The post Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M appeared first on Cryptonews

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