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The United States Securities and Exchange Commission (SEC) lawsuit against Ripple filed in December 2020 has deprived the XRP token of nearly three years of adoption in the United States, said pro-XRP lawyer John E Deaton in a recent post on X (formerly Twitter).Deaton’s comments came amid Coinbase's announcement that
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Gemini, an American cryptocurrency exchange, has taken a stand against the United States Securities and Exchange Commission (SEC), deeming the lawsuit brought
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged
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Crypto miner Gryphon Digital is seeking dismissal from a lawsuit brought by its former partner Sphere 3D over a spoofing attack that resulted in 26 Bitcoins (BTC) being transferred to a fraudulent address.According to the initial complaint filed by Sphere 3D in April, Gryphon CEO Rob Chang allegedly wired 18
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Cryptocurrency exchange Gemini has filed a reply brief as part of its effort to dismiss the lawsuit it is facing against the United States Securities and Exchange Commission (SEC).The lawsuit alleges that “Gemini Earn” – a service enabling customers to lend crypto assets like Bitcoin (BTC) to Genesis – breached
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A federal judge in Texas has sided with the United States Department of the Treasury by granting a motion for summary judgment in a lawsuit concerning Tornado Cash brought by six individuals backed by crypto exchange Coinbase.In an Aug. 17 filing in U.S. District Court for the Western District of
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A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service. Source
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Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms such as Michael Novogratz’s Galaxy Digital.BitGo has raised $100 million in a Series C financing round bringing the company’s valuation to $1.75 billion, the firm announced to Cryptox on Aug. 16.The newly raised funds
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Taiwanese music celebrity Jeffrey Huang, also known as "Machi Big Brother," has withdrawn a defamation lawsuit against internet sleuth ZachXBT.In a bilateral announcement dated Aug. 14, Machi Big Brother said "Zach has many times in the past been of great service to the crypto community and pursuing legal action against
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized finance (defi) sector has seen rapid growth, innovation, and occasional debates. For instance, the U.S. Securities and Exchange Commission (SEC) recently sued HEX, a move that saw the token’s price plunge. Amid this, defi
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