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Nalezeno "SEC Case": 96

LBRY Gears Up to Contest US Securities Law Violation Ruling


In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...

Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case


A US Judge has denied Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC).  On Monday, US District Judge Jed Rakoff rejected Terraform Labs' arguments that the SEC lacked jurisdiction and that its TerraUSD stablecoin did...

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail 


Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the beleaguered blockchain project. Terraform Labs Finds...

Ripple Labs vs. SEC case results in XRP’s historic success


The landmark case between Ripple Labs and the SEC has come to an end. Ripple has won the case against the SEC, proving that selling XRP tokens on exchanges did not violate federal laws. Starting back in 2020, the SEC’s case questioned XRP’s constitution as a crypto. The US Securities...

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