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XRP, the digital currency that is central to the SEC onslaught, has caught on a new fire fueled by the latest victory Ripple inked.Judge Sarah Netburn, a United States Magistrate Judge has handed blockchain payments firm Ripple Labs yet another victory over the US Securities and Exchange Commission (SEC). As
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Virgil Griffith’s motion to dismiss the charges against him claiming that he violated U.S. sanctions law in North Korea was denied late Friday by a judge in the Southern District of New York (SDNY).U.S. Judge Kevin Castel denied the motion, leaving it up to a jury to decide whether Griffith
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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A U.S. judge ruled Wednesday that Kik violated securities law when it raised $100 million via a token sale in 2017. Judge Alvin Hellerstein, a U.S. district judge for the Southern District of New York, wrote that in his view, Kik’s “token distribution event” (TDE) satisfied the three prongs of
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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Bitfinex and Tether must turn over documents detailing their financial relationship and history to the New York Attorney General’s office (NYAG), a New York Supreme Court justice ruled again on Thursday. Judge Joel M. Cohen, the judge who has been overseeing the NYAG’s inquiry into Bitfinex and Tether, made the ruling
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AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack Source
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A Californian federal judge has certified an investor class in a lawsuit alleging that the cannabis crypto firm Paragon Coin Inc violated securities laws in its 2017 initial coin offering (ICO) that raised $70 million.Paragon Coin promoted their ‘PRG’ tokens as comprising a currency for the cannabis industry and hired
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Craig Wright, the man who proclaims himself Satoshi Nakamoto, will not be subject to court sanctions and has been cleared to present an expert witness in support of his autism claim, when the Kleiman case proceeds to jury trial in two weeks.According to court documents filed June 24, U.S. District
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Judge Valerie Caproni lifted the stay on a class-action lawsuit brought against the notorious crypto Ponzi scheme OneCoin 12 months ago.An order signed by the New York District judge mandates that all parties must submit a proposed schedule for the defendants to respond to the complaint before May 9. The
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