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Nalezeno "Lawsuits": 174

US Law Doesn’t Control the World” Binance Argues in CFTC Lawsuit


Digital asset exchange Binance says the United States Commodity Futures Trading Commission (CFTC) is attempting to transplant its rules to global markets.  In a recent court filing, the largest cryptocurrency exchange by volume argued that the US regulator is trying to monitor foreign companies...

Thailand Threatens Facebook With Shutdown Over Crypto Scams


The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...

XRP Ruling Needs Appeals Court Review, SEC Says


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

FTX Sues SBF, Former Execs to Recover Over $1 Billion


Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...

Coinbase Goes to Court Against the SEC


Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway)

CZ Says News of Exec Departures at Binance Is FUD


Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...

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