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Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
18.7.2023
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said
Analysts Caution Coinbase Faces Significant Regulatory Pressure Despite Ripple's Court Win
18.7.2023
The major US-based crypto exchange Coinbase is still facing pressure from the Securities and Exchange Commission (SEC), despite the recent win in court for Ripple.
According to a new report from investment firm Berenberg Capital, Coinbase’s “Earn” program is now particularly vulnerable...
Marathon shareholders file lawsuit against company's top management
18.7.2023
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
18.7.2023
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees
Thodex CEO sentenced to Turkish prison for failure to submit tax documents
18.7.2023
Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books
US regulatory clarity has begun in court after Ripple win: CFTC commissioner
18.7.2023
CFTC Commissioner Caroline Pham said recent court opinions around digital assets and securities are a first step to crypto regulatory clarity
Cathie Wood very positive on Coinbase after Ripple court ruling
18.7.2023
The Ark Invest CEO said the recent Ripple court ruling is a major win for crypto exchanges
Ripple court ruling makes call for regulation 'more compelling and more urgent' — former CFTC chair
17.7.2023
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
17.7.2023
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020
SEC vs Ripple referred to judge who ordered release of ‘Hinman Documents’
17.7.2023
Judge Analisa Torres has sent the remaining issues in the SEC versus Ripple case to Magistrate Judge Sarah Netburn
Ripple CLO says court ruling could encourage banks to adopt XRP: Report
17.7.2023
A July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision which has already made significant waves in the space
Celsius Liquidates $25 Million In Altcoins After Court’s Approval To Move Funds
17.7.2023
Bankrupt crypto lender Celsius has liquidated nearly $25 million in different altcoins after a US court approved the firm to convert altcoins to BTC and ETH earlier this month.
Celsius Network liquidated several altcoins worth nearly $25 million, including Chainlink (LINK), BNB coin, Synthetix...
Ripple’s Victory in Court Drives up Crypto Trading Volumes
16.7.2023
Ripple's win against the US Securities and Exchange Commission has boosted crypto trading volumes across spot exchanges.
Spot trading volumes on crypto exchanges surged to $16.56 billion on Friday from Wednesday's $12.74 billion, a growth of around 30% in just two days, according to The Block's...
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...
Bankman-Fried Requests Court’s Approval for a Mystery List of Visitors to Drop by Without Security
15.7.2023
In a legal document lodged on July 13, 2023, Sam Bankman-Fried, the former chief executive officer and founder of FTX, expressed his desire for his “close friends” to drop by his parents’ residence “without the need for a security guard to be present.” The plea from Bankman-Fried...
Legal Expert Warns Victory May Be Short-Lived for Ripple and XRP — Says Judge ‘Got the Law Wrong’
15.7.2023
A legal expert has warned that the district court ruling on XRP “rests on very shaky ground.” Expecting an appeal, he cautioned that Ripple’s victory “may be a short-lived victory,” claiming that the judge “got the law wrong.” Lawyer on Ruling of...
Activision Set To Become Part Of Microsoft After FTC's Last-Ditch Effort Fails
15.7.2023
The U.S. Ninth Circuit Court of Appeals has denied the Federal Trade Commission’s final request to pause Microsoft’s takeover of Activision Blizzard, likely paving the way for the biggest-ever merger in gaming to finally move forward after a more than year-long regulatory saga. Read more
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
14.7.2023
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022
Biggest Movers: XRP 70% Higher, as Markets React to Court Ruling
14.7.2023
XRP soared by as much as 70% higher on Friday, as markets continued to react to a court ruling that the token is not a security. On Thursday, U.S. judge Analisa Torres ruled that XRP is not “necessarily a security on its face.” Solana also surged on the news, climbing by nearly 30%....
First Mover Americas: XRP Gains 66% on Ripple’s Partial Court Victory
14.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets