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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An undisclosed SEC memo, spotlighted in a recent Twitter discussion, questions the agency’s initial stance on XRP’s classification, complicating Ripple’s ongoing legal battle. Bill Morgan highlighted a memo discussing the SEC’s internal views on XRP’s security status. John
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied FTX creditors are looking to expedite bankruptcy proceedings as legal fees are becoming increasingly expensive, possibly eating into the money paid to creditors. While attorneys of FTX are working towards recovering what remains of the once global
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polygon Labs’ chief legal and policy officer, Rebecca Rettig, recently shed light on the Securities and Exchange Commission’s (SEC) ongoing legal battles with Coinbase, a crypto exchange, and Ripple, a blockchain company. On a recent episode
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Former FTX CEO, Sam Bankman-Fried, is set to face trial in October, with his defense team preparing to spotlight the role of previous legal counsel in key decisions made during his tenure. Sam Bankman-Fried, the former CEO
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the ongoing legal battle between the United States Securities and Exchange Commission (SEC) and the blockchain company, Ripple, CEO Brad Garlinghouse is strengthening his legal defense. Currently involved in a legal dispute in the United States
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“They've now moved to a pace of almost $50 million a month in fees, with literally hundreds of lawyers, financial advisors and bankers working on them practically full time,” said Kris Hansen, a lawyer from Paul Hastings representing the creditors’ committee. “Every dollar spent in the case is essentially a
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Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to elicit evidence the former CEO acted “in good faith” on advice of previous counsel in regards to his alleged actions at FTX and Alameda Research.In an Aug. 23 filing in U.S. District Court
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court
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Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S. dollar-pegged payment stablecoin, PayPal USD (PYUSD). A PayPal spokesperson told Cryptox that PYUSD is important because mainstream adoption
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Stake’s expansion plans are marred by a legal showdown. An Australian share trading platform of the same name is threatening to take the startup, founded by billionaire Ed Craven and backed by hip-hop star Drake,
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