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Tornado Cash users file appeal over judgment in favor of US Treasury

A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury’s decision to add the cryptocurrency mixer to its list of sanctioned entities.In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers representing plaintiffs

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has demanded a summary judgment on all the claims. A court filing from Oct. 27 showed the SEC’s reluctance to accept the jury’s leniency on Do Kwon and his involvement in facilitating

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Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120 by Needham

The U.S. district court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is positive for Coinbase (COIN) shares since it sets a precedent that token sales through exchanges, at least in the case of XRP, did not violate

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US court issues summons to Tron’s Justin Sun, threatens default judgment if no response

A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case.In an April 12 filing, the U.S. District Court for the Southern District of New York ordered Sun to respond to the summons within 21

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