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Ripple Gains a Victory as Judge Torres Rejects SEC’s Interlocutory Appeal


U.S. District Judge Analisa Torres rejected the Securities and Exchange Commission’s interlocutory appeal in the regulator’s lawsuit against Ripple, noting the SEC failed to explain why her prior decision was faulty. Torres set a trial date for April 2024 to address the remaining...

Biggest Movers: SHIB, DOGE Snap Recent Losing Streaks


Shiba inu snapped a recent four-day losing streak on Thursday, as bulls rejected a breakout below a key level of support. The slight rebound in price came as the global crypto market cap was marginally higher, climbing 0.25% as of writing. Dogecoin was also in the green. Shiba Inu (SHIB) Shiba...

FTX Founder Sam Bankman-Fried's Bail Request Rejected Ahead of Trial


A US court has denied Sam Bankman-Fried's request for release on bail before his trial, which is scheduled to begin next month.  On Thursday, an appeals court upheld the decision to keep the disgraced founder of FTX locked up ahead of his trial.  "We reject [Bankman-Fried's] contention that...

Lawyer Who Laundered Onecoin Money Denied New Trial


A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...

SEC Denied Immediate Access to Binance US Infrastructure


In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...

US District Judge Rejects Approach in SEC v Ripple Ruling on XRP


A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over...

Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe


Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....

Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding


Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...

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