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House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday
Craig Wright Will Be Able to Fight Bitcoin Copyright Claim in UK After Winning Appeal
21.7.2023
Craig Wright, who claims to be Bitcoin inventor Satoshi Nakamoto, will be able to argue his case that the Bitcoin file format should receive copyright protection under UK law after a bench of three UK judges accepted his appeal to a previous court denial, according to a court filing
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...
Terraform Labs seeks access to FTX wallets in fraud defense
20.7.2023
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithm stablecoin in 2022
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
Coinbase Lawyers Claim Biden Student Loans Ruling Strengthens Defense Against SEC
14.7.2023
Coinbase's legal team argued in a recent legal filing that a recent U.S. Supreme Court judgment on student debt cancellation supports their fight against SEC charges of operating an unregistered securities venue.
The Securities and Exchange Commission (SEC) filed a lawsuit on June 6, accusing...
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
13.7.2023
Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue
SEC examines Coinbase’s legal defense, InQubeta & Fetch.ai spark retail investor interest
9.7.2023
This article explores the upcoming scrutiny faced by Coinbase as the Securities and Exchange Commission (SEC) prepares to assess the legality of its defense on July 13. Amidst this development, two notable entities, InQubeta (QUBE) and Fetch.ai (FET), have witnessed a significant surge in interest...
SEC to present response to Coinbase’s legal defense on July 13
30.6.2023
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24
Valve Is Ditching Battle Passes Since Most Players ‘Never Buy’ One
20.6.2023
Valve—the company behind Half-Life, Counter-Strike, and digital game store juggernaut Steam—has revealed its future plans for its popular free-to-play MOBA, Dota 2. And those plans, surprisingly, don’t involve players buying annual paid battle passes that require grinding to unlock cosmetics...
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Binance.US Adds to Its Legal Defense in Wake of SEC Lawsuit: Bloomberg News
12.6.2023
Binance.US has bulked up its legal expertise and added four lawyers to fight recent charges from the US Securities and Exchange Commission.
One of those lawyers includes former co-director of the SEC’s enforcement division, George Canellos, according to Bloomberg News.
Canellos was also...
SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense
31.5.2023
The prosecution and FTX Debtors already have access to the documents, which concern 11 topics and may contain material favorable to SBF
Sam Bankman-Fried Leverages Law Firm Advice for FTX Fraud Defense
31.5.2023
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, is preparing to argue that he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.
On Tuesday, his lawyers requested that prosecutors turn over documents that were provided...
One of Ripple Labs' Top Defense Lawyers Calls it Quits in U.S. SEC Lawsuit
25.5.2023
The crypto industry awaits the summary judgment in the ongoing case between the US SEC and Ripple.
But while that stands, one of Ripple Labs Inc.’s key defense lawyers, Attorney Kylie Chiseul Kim, announced withdrawal from the case.
Kim filed a motion in the Southern District of New York...
Ripple vs. SEC: Could newly released documents tip the balance?
20.5.2023
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day
Justin Sun comes out in defense of Ledger
19.5.2023
Justin Sun has extended their support in favor of Ledger by calling them a reliable partner. Highlighting that the collaboration with Ledger has indeed been long-standing and productive, Justin said that they are extending unwavering support to Ledger during times that can only be defined...
Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software
19.5.2023
The Bitcoin Defense Legal Fund’s chief legal officer spoke out against an “extraordinarily dangerous” lawsuit initiated by Craig Wright, a person who claims to be Bitcoin creator Satoshi Nakamoto
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
1.5.2023
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, the “mission [of BLDF] is to safeguard innovation...
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
13.4.2023
The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won