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As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s case, with some underscoring that the XRP (XRP) token is not a security. On Aug. 9, the SEC sent a letter to
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"Defendants agree that, as to Bittrex, the terms of the settlement reflected in this Consent and in the Judgment are subject to approval by the Bankruptcy Court in the Bankruptcy Case and shall be treated as an allowed, unsecured claim under the terms of any Plan filed by Bittrex in
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The United States Securities and Exchange Commission (SEC) has announced an agreement with crypto trading platform Bittrex and co-founder and former CEO William Shihara for operating an unregistered exchange.In an Aug. 10 notice, the SEC said Bittrex and Bittrex Global agreed to pay $14.4 million in disgorgement, $4 million in
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There is a high possibility that several spot bitcoin (BTC) exchange-traded-funds (ETFs) could be approved in quick succession by The U.S. Securities and Exchange Commission (SEC), triggering the next move higher for the world’s largest digital currency, crypto services provider Matrixport said in a report Thursday. Source
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A recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may approach the case against Coinbase. On July 31, the SEC scored a win after District Judge Jed Rakoff denied Terraform Lab’s motion to
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In a meticulously detailed letter to Judge Analisa Torres of the Southern District of New York, the US Securities and Exchange Commission
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PayPal's move to issue a stablecoin is putting crypto legislation back in focus in Washington, D.C. Timothy Massad, former CFTC chairman and current director of the Digital Assets Policy Project at the Harvard Kennedy School, joined the conversation. tastycrypto head Ryan Grace shared his crypto markets outlook. And, The Sandbox
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The United States Securities and Exchange Commission has filed a letter of intent to request an interlocutory appeal to Judge Analisa Torres’ July 13th summary judgment in its ongoing legal battle against Ripple Labs.In an Aug. 9 letter to Judge Torres, the SEC explained it believed her decision warrants a fresh
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In its filing, the SEC noted that Ripple will have to respond by Aug. 16, 2023 (a week from the letter's filing), and proposed filing an opening brief laying out the appeal on Aug. 18. Ripple would have two weeks to respond, and the SEC would have another week to
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The judge overseeing the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs plans to schedule a jury trial starting in the second quarter of 2024.In an Aug. 9 filing in U.S. District Court for the Southern District of New York, Judge Analisa Torres said
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