Cryptocurrency Analysis and News Portal
Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC). Renowned crypto asset manager Grayscale Investments recently filed for a new Exchange-Traded Fund (ETF) that will track Ethereum (ETH) futures, as reported by the Wall
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The U.S. Securities and Exchange Commission (SEC) and Binance.US, operated by BAM, are embroiled in a legal dispute concerning the handling and custody of customer assets, with both parties scheduled for a crucial hearing on Oct. 12. At the heart of the conflict is a mysterious entity known as “Ceffu,” which
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On Monday, London High Court Justice Richard Smith dismissed Cøbra's appeal on the November ruling saying that, although there are several reasons why parties would legally request anonymity, including threat to life, Cøbra's reasons for not identifying themselves seemed "not only unworkable but also risked undermining the very principles of
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The head of legal, Krishna Juvvadi, and chief risk officer, Sidney Majalya, are leaving Binance US following the recent news on layoffs. According to the Wall Street Journal, the departure of both executives follows the recent exit of its former CEO, CEO Brian Shroder. Juvvadi and Majalaya joined the company
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Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing in the United States Bankruptcy Court for the Southern District of New York, the legal team accused DCG of gaslighting Genesis creditors through “contrived, misleading,
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Binance.US has reduced its staff by nearly one-third which is the company’s second round of workforce reduction for the year 2023. Amid a strong exodus, top executives of Binance.US have been leaving the exchange recently. On Thursday, September 14, the Wall Street Journal reported that Binance.US head of Legal Krishna
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In recent developments, Binance.US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave
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Coinbase CEO Brian Armstrong has expressed his endorsement of decentralized finance (DeFi) protocols. In a recent social media post, Armstrong urged the DeFi protocols to consider legal proceedings in court to set a precedent, as the legal system has consistently demonstrated its dedication to upholding the rule of law. The
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New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of "personal growth bets."According to the duo, personal growth bets are single-party contracts that people
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The U.S. Securities and Exchange Commission (SEC) argues that the issues raised by the recent court order in favor of Ripple Labs and its native token, XRP, represent complex legal challenges that warrant an appeal of the ruling. The SEC opposes the court’s verdict and has clarified that these “knotty legal
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