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Senator Lummis files amicus brief supporting Coinbase’s dismissal motion against SEC
12.8.2023
Senator Cynthia Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
4.8.2023
Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange
Coinbase to file order seeking dismissal of SEC lawsuit
4.8.2023
Paul Grewal said Coinbase will seek to dismiss the SEC’s suit on Aug. 4 which will argue that it never sold securities as the regulator alleged
HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart
2.8.2023
After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...
Bitcoin Price Prediction: BTC Slips 2% Amidst SEC Lawsuit and Political Developments
1.8.2023
On Tuesday, the trading value of Bitcoin dropped by nearly 2% to $28,912 amidst significant developments in the cryptocurrency landscape.
The SEC's lawsuit against Richard Heart, the mastermind behind Hex, alleging the sale of unregistered securities worth $1 billion, has raised regulatory...
Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit
31.7.2023
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission
Billionaire Founder of HEX and PulseChain Richard Heart Sued by SEC for Securities Fraud
31.7.2023
The US Securities and Exchange Commission (SEC) has taken legal action against prominent internet marketer and crypto advocate Richard Heart.
Heart, whose real name is Richard Schueler, is accused of raising more than $1 billion through unregistered securities offerings and defrauding investors....
SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex
31.7.2023
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities offerings. SEC Lawsuit Accuses Richard Heart of Running...
SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal
23.7.2023
The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...
Terraform Labs Seeks Data from FTX Wallets for SEC Lawsuit Defense
21.7.2023
Terraform Labs, the development firm behind Terra network and the failed stablecoin TerraUSD (USTC), is seeking permission from a court to get access to data from the bankrupt crypto exchange FTX.
According to Terraform Labs, the failure of its UST stablecoin was the result of an attack by large...
XRP Price Prediction as Ripple CEO Sees Long Appeal Process for SEC in Lawsuit – Will the Decision be Overturned?
17.7.2023
The XRP price has gained by 4% in the past 24 hours, with the coin's move to $0.748896 representing a 60% gain in the last seven days.
This market-trouncing surge follows Ripple's success in its long-running legal battle with the SEC, with the presiding judge issuing a ruling last week which sided...
Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit
15.7.2023
Coinbase, the US-based cryptocurrency exchange, has temporarily paused its staking services in four states in response to legal proceedings from Securities and Exchange Commission (SEC).
In a blog post on July 14, Coinbase announced that it was temporarily suspending its retail staking service...
Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’
14.7.2023
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP...
XRP Price Prediction as Judge Says Ripple Sales of XRP Not Investment Contract - Can XRP Reach $100?
13.7.2023
XRP, the cryptocurrency that powers the XRP Ledger launched by US fintech company Ripple back in 2012, just saw a huge pump.
XRP/USD was last trading at $0.58, up an impressive 25% on the day after Ripple won a verdict that XRP that its institutional sales of XRP did not constitute the offering...
XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report
9.7.2023
The XRPL saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared to the same period last year
Lawyer Outlines What Would Happen if SEC Wins Lawsuit Against Ripple Over XRP
9.7.2023
A lawyer has outlined what he believes to be the most likely outcome if the U.S. Securities and Exchange Commission (SEC) wins against Ripple Labs and XRP is declared a security. He expects Ripple to appeal if the SEC wins, warning: “If Ripple loses to the SEC, there won’t be...
Bittrex Requests Dismissal of SEC Lawsuit, Arguing for Congressional Approval in Crypto Regulation
2.7.2023
According to a recent court filing, the U.S. subsidiary of Bittrex has requested the dismissal of the case filed against the exchange by the U.S. Securities and Exchange Commission (SEC). Attorneys for Bittrex argue that the SEC cannot regulate cryptocurrency assets as securities without approval...
Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit
21.6.2023
Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”
The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog...
Binance SEC lawsuit could dent crypto exchange’s global plans
21.6.2023
The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance
Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit
19.6.2023
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...