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US Judge Denies Request to Add XRP Holders as Intervenors in SEC’s Lawsuit Against Ripple
17.3.2021
A U.S. judge has denied the request to add XRP token holders as intervenors in the Securities and Exchange Commission (SEC)’s ongoing case against Ripple. In a ruling made one day after the motion was filed, the judge, Analisa Torres denied the token holders’ request “without...
Judge denies XRP Army a seat at the table in SEC v. Ripple case
16.3.2021
Lawyers representing XRP investors may still have an opportunity to refile in the future, however
Elon Musk Becomes ‘Technoking of Tesla’ While ‘Master of Coin’ Title Goes to CFO Zach Kirkhorn
16.3.2021
Tesla has informed the U.S. Securities and Exchange Commission (SEC) that Elon Musk has officially changed his title to “Technoking of Tesla” and CFO Zach Kirkhorn has changed his title to “Master of Coin.” Musk is not stepping down as the CEO of Tesla, as the filing...
Over 6,000 XRP holders volunteer as third party defendants in SEC lawsuit
15.3.2021
XRP holders claim their interests aren't being represented in an ongoing SEC lawsuit against Ripple Labs. Now they want to enter the fray as third-party defendants
Ripple to Dispose Stake in Moneygram Shortly After Announcing End of a Business Relationship
14.3.2021
Just a few days after announcing the end of its partnership with Moneygram, the fintech firm Ripple Labs is now moving to dispose of its stake in the listed company. In a filing with the U.S. Securities and Exchange Commission (SEC), Ripple says it has entered into an agreement with Jefferies...
Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
13.3.2021
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed...
Ripple execs refute SEC investigation of personal finances as overreach
12.3.2021
“How much they spend at the grocery store” isn't relevant to the SEC's ongoing XRP securities lawsuit, argues the legal team for Bradley Garlinghouse and Christian Larsen
SEC ‘Wants to Know How Much We Spend on Groceries,’ Say Ripple Execs
12.3.2021
Brad Garlinghouse. Source: a video screenshot, Bloomberg
The long battle between the American regulatory Securities and Exchange Commission (SEC) and the XRP issuer Ripple has taken a personal turn – literally – with the SEC seeking personal financial information from banks on the company’s...
Gensler confirmation as SEC chair would be good for crypto, says Hester Peirce
11.3.2021
SEC commissioner Hester Peirce is optimistic that the U.S. will eventually offer more clarity for cryptocurrency investors
Ripple Accuses SEC of Causing $15,000,000,000 Damages
11.3.2021
In the earlier part of December last year, Ripple, a payments platform, came under the lens of legal scrutiny as the US Securities and Exchange Commission (The SEC) accused it of selling its native digital currency XRP worth $1.38 billion without following the registration procedure. This unlawful...
SEC Hits out at Ripple’s ‘Lack of Due Process’ in Letter to Judge
11.3.2021
Ripple’s regulatory woes have deepened again after the US Securities and Exchange Commission (SEC) petitioned the judge in the company’s legal battle to dismiss arguments in the company’s defense. The SEC claimed that Ripple has attempted to “divert the court’s attention” with invalid fair notice...
3 Bitcoin ETFs Have Been Approved in North America
10.3.2021
There are now three bitcoin exchange-traded funds (ETFs) in North America, all approved within the past month by Canada’s securities regulators. They are currently trading on the Toronto Stock Exchange. The latest approved bitcoin ETF, backed by Mike Novogratz’s Galaxy Digital, began...
The things the DoJ’s latest move against McAfee has taught us
10.3.2021
The actions against McAfee by the DoJ and the IRS represent a worrying shift in the view of the U.S. government’s criminal enforcement arm
JPMorgan launching 'crypto exposure basket' featuring MicroStrategy and Square
10.3.2021
The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms
Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO
7.3.2021
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S....
Law Decoded: Closing remarks on the future of crypto law, March 5
6.3.2021
The final Law Decoded moves away from specific news to reflect on the biggest legal issues facing crypto
Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC
5.3.2021
On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange...
Ripple Replies to SEC, Claims It Caused Damage to XRP Holders
5.3.2021
In an ongoing legal battle, San Francisco-based blockchain company Ripple filed a response to the US Securities and Exchange Commission (SEC), repeating that XRP is not a security nor was it necessary for its distribution and sale to be registered as such - stating that the regulator's complaint...
Ripple's Asia expansion unaffected by SEC lawsuit, says CEO
5.3.2021
Ripple CEO Brad Garlinghouse says the company's activities in the Asia-Pacific region have not been affected by current regulatory troubles in the United States
Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
4.3.2021
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’...