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Ripple and Coinbase see hope in SEC’s Binance ruling


Coinbase and Ripple have expressed doubts about the lack of clarity in cryptocurrency regulations. The Securities and Exchange Commission rejected Binance’s claim that Binance Coin’s secondary sales were securities.  Coinbase and Ripple will leverage their cases with the U.S. SEC....

Ripple Clarifies XRP Is Not a Security After New Court Ruling


Ripple’s chief legal officer has clarified that a California district judge has dismissed all allegations that Ripple violated federal securities laws. He stressed that District Judge Analisa Torres’ ruling regarding the non-security status of XRP “stands undisturbed.”...

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court


The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits...

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...

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