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Looking at Uniswap and Crypto’s New Favorite Ruling
6.9.2023
A ruling dismissing a putative class action lawsuit against Uniswap will almost definitely come up again in other lawsuits involving securities law and crypto entities
Legal Battle Unfolds: HelbizCoin Investors Win Court Ruling in Class-Action Lawsuit
4.9.2023
A United States federal court has taken a significant step in allowing a nearly three-year-long class-action lawsuit to proceed against the creators of HelbizCoin.
The case was initially filed in 2020 against Helbiz, its CEO Salvatore Palella, and its partners, with an amended complaint filed...
Ripple Files Opposition to SEC’s Motion to Certify Interlocutory Appeal of XRP Ruling
3.9.2023
Ripple Labs has filed its opposition to the U.S. Securities and Exchange Commission’s request for Judge Analisa Torres to certify an interlocutory appeal of her ruling regarding XRP. The crypto firm has argued that “the exceptional circumstances required for interlocutory appeal...
Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security
2.9.2023
Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public.
On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC's...
Bitcoin's Decline Continues for Second Month Despite Grayscale Ruling
1.9.2023
The price of Bitcoin (BTC) ended down for the second consecutive month yesterday, despite bullish news that a spot Bitcoin exchange-traded fund (ETF) could be coming soon.
For August as a whole, the BTC price ended down just over 11%, from around $29,200 at the beginning of the month to 25,900...
Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy
1.9.2023
Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts...
Uniswap Class Action Dismissed in Landmark Ruling for DeFi
30.8.2023
Legal proceedings against Uniswap, a leading decentralized exchange protocol, took a turn today when a class action lawsuit filed against it was dismissed.
Mike Wawszczak, a legal analyst, revealed that the judge presiding over the case — initially lodged by the US Securities and Exchange...
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
30.8.2023
The increase in average trade size could suggest large traders are more active, said research firm Kaiko
Biggest Movers: Bitcoin Cash Back Above $200, TON Surges 16% Higher
30.8.2023
Bitcoin cash (BCH) was one of Wednesday’s biggest gainers, as markets remained jubilant following the Grayscale court ruling. Following a recent streak of consolidation, the global crypto market cap rose by as much as 4% on the news. toncoin (TON) also surged, climbing nearly 16% higher....
Coinbase stock surges after favorable federal ruling for Grayscale
30.8.2023
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day's close
Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win
30.8.2023
Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls returning to action. Ethereum also surged, moving...
Bitcoin Cash Price Prediction as Grayscale's SEC Lawsuit Ruling Sends BCH Soaring – What's Going On?
30.8.2023
The Bitcoin Cash price has risen by 15% in the past 24 hours, with its jump to $219.44 following yesterday's news that Grayscale has won a court appeal against the Securities and Exchange Commission.
Grayscale's victory now means that the SEC has to re-review Grayscale's application for...
Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say
30.8.2023
“It doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,” one trader said
US Congressman Calls to Dismiss Gensler as SEC Chair Following Grayscale Ruling
30.8.2023
US Congressman Warren Davidson of Ohio has called for the removal of Gary Gensler as Securities and Exchange Commission (SEC) chair following the Grayscale ruling on Tuesday.
Reacting to the ruling on Grayscale lawsuit, Congressman Davidson wrote that Grayscale’s victory provides more evidence...
Court Rules in Favor of Grayscale Against SEC in Bitcoin ETF Conversion Lawsuit
29.8.2023
A D.C. court has ruled in favor of Grayscale, the largest crypto asset manager, in its lawsuit challenging the U.S. Securities and Exchange Commission’s decision to deny the conversion of GBTC to a spot bitcoin exchange-traded fund (ETF). The securities regulator “failed to explain its different...
Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%
29.8.2023
A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF
Report: Kenyan Parliament Establishes Committee to Investigate Worldcoin
22.8.2023
The Kenyan Parliament recently created an ad-hoc committee to investigate Worldcoin’s activities in the country. According to the Kenyan House speaker, the 15-member committee is expected to report back to parliament within 42 days. A Kenyan court judge recently issued a ruling which called...
SEC Files Motion to Certify Interlocutory Appeal of Ripple-XRP Ruling
21.8.2023
The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve controlling questions...
US Court Classifies Tornado Cash as ‘Person’ in Verdict Echoing Ooki DAO Designation
19.8.2023
A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a “person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organization Ooki DAO in a similar manner. U.S. Judiciary Designates Tornado Cash...
XRP Ruling Needs Appeals Court Review, SEC Says
18.8.2023
The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument