Cryptocurrency Analysis and News Portal
The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia where it's based.In a Nov. 16 dismissal motion in a Colorado District Court the Estonian firm argued it
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Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued.In a Nov. 7 court filing the SEC rebuffed Binance’s earlier bid to toss the regulator’s suit saying no
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Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they did anything wrong.In an Oct. 27 filing to a New York District Court, lawyers for Kwon and Terraform argued
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The Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has argued in its final bid to dismiss a lawsuit by the securities regulator.In an Oct. 24 filing in a New York District Court, Coinbase chastised the SEC claiming its definition for what
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With the conclusion of its latest funding, Toss plans to grow further its suite of services, including Toss Bank and Toss Securities. South Korean finance super app Toss has concluded a Series G funding worth $405 million and is now reportedly worth 9.1 trillion won, or $7.1 billion. This development marks
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I think instead of taking the paternalistic Elizabeth Warren approach, of thinking you need to be the nanny here, it would be a lot more prudent were regulators to actually try and be the real cop on the market. They need more sticks and not more carrots. So, actually enforce
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Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that
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