Coinbase, SEC Spar Over Definition of Securities, Nature of Staking in First Court Hearing
U.S. Judge Katherine Polk Faila questioned both sides on a range of topics in a Manhattan courthouse on Thursday. Original Source
Read More
SEC
XRP May Win Gemini Exchange Listing After Court Ruling in SEC Case
U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts. Source
Read More
Former Celsius CEO arrested in New York, SEC files lawsuit
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Alex Mashinsky, the former CEO of Celsius Network, a bankrupt crypto lender, has been arrested in New York, reports on July 13 show. The arrest follows an investigation into the collapse of the crypto firm
Read More
Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against Ripple
The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday. Source
Read More
Ripple wins case against SEC as judge rules XRP is not a security
Ripple Labs scored a victory in the United States district court in the southern New York district on July 13 as judge Analisa Torres ruled in favor of the company in a case brought forth by the SEC dating back to 2020.According to documents filed on July 13, Judge Torres
Read More
Celsius Network’s Alex Mashinsky Arrested, Firm Sued by SEC
“In this case, Celsius offered and sold CEL and the Earn Interest Program as securities….. Celsius and Mashinsky never filed a registration statement or had one in effect with the SEC for their offers and sales of securities through the Earn Interest Program,” the complaint said. Source
Read More
US SEC files lawsuit against Celsius and Alex Mashinsky: Report
The United States’ Securities and Exchange Commission (SEC) is reportedly taking action against Celsius Network, one of the cryptocurrency lending firms that collapsed in 2022.The securities regulator filed a lawsuit against Celsius’ former CEO Alex Mashinsky on July 13, according to a report by Bloomberg. Details of the complaint weren’t
Read More
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue. Source
Read More
Bitcoin ETF would be the ‘seal of approval’ from SEC: Mike Novogratz
The approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its securities regulator, says Mike Novogratz.In a July 12 interview with Bloomberg TV the founder of crypto investment firm Galaxy Digital spoke about the multiple
Read More
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The United States-based crypto advocacy group Blockchain Association has submitted a letter to the Securities and Exchange Commission’s (SEC) Office of Inspector General calling for an investigation into crypto firm Prometheum.In a July 12 letter, the Blockchain Association requested SEC inspector general Deborah Jeffrey look into the Financial Industry Regulatory
Read More