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The Chamber of Digital Commerce (CDC), an American advocacy organization, on August 1, unveiled a comprehensive "impact and analysis" report on the SEC's lawsuit against Ripple. The report scrutinizes the case's verdict, highlighting its profound implications for the crypto industry's future.According to the CDC's evaluation, Judge Analisa Torres's ruling sets
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The final quarter of 2020 saw the launch of a precedent-setting lawsuit by the United States Securities and Exchange Commission against Ripple Labs, CEO Bradley Garlinghouse and co-founder Christian A. Larsen. The allegation: raising north of $1 billion in 2013 through the unregistered sale of a purported security, XRP (XRP).The
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"A win for the SEC could also impact other altcoins as they will likely be subject to more regulation," said Markus Thielen, head of research and strategy at crypto services provider Matrixport, in a note to clients on Monday. "However, if Ripple is successful in this case, XRP’s legality in
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The prominent Bitcoiner, also known as Magnus Granath, discussed his recent victory against Australian scientist Craig Wright in a Norwegian court and what this means for the road ahead. Original Source
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Early Thursday, a Norwegian court ruled in favor of Hodlonaut, aka Magnus Granath, in connection with Craig Wright’s claims to be pseudonymous Bitcoin creator Satoshi Nakamoto. A judge ruled, in part, “that Granath had sufficient factual grounds to claim that Craig Wright is not Satoshi Nakamoto in March 2019.” Original Source
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The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked.Wright claims he used the pseudonym Satoshi Nakamoto when
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According to Reuters, Pelosi expressed confidence the legislation will pass upon announcing the date on Sunday, Sept. 26, stating: “Let me just say that we're going to pass the bill this week." Earlier that same day she reportedly indicated she would not bring the bill to a vote unless she
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Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto
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The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the case. According to the submitted document, the CFTC’s Office of General Counsel believes that all digital currencies
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Bitcoin held to a stable range as investors wait for the Federal Reserve to take a final call on introducing another interest rate cut.The benchmark cryptocurrency was trading at $9,171.54 as of 10:13 UTC, down 2.75 percent from the market open. At its session high, bitcoin attracted a bid of
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