Showing articles in law

Court Dismisses Investor Case Against Yuga Labs for NFT Status

A judge ruled that NFTs from Yuga Labs do not meet the legal definition of securities, leading to the dismissal of a lawsuit filed by investors.

Crypto

New York Court Denies SEC and Ripple's Proposal for Settlement Over $50 Million Fine

A recent ruling from a New York judge has upheld the ongoing injunction against Ripple Labs, rejecting the SEC's request to modify the terms of their agreement.

Crypto

DOJ Will Continue its Case Against Roman Storm Despite Recent Memo

The Department of Justice confirms it will press on with its prosecution of Roman Storm, despite a recent memo suggesting a cautious approach to crypto-related cases.

Crypto

New Illinois Cryptocurrency Law Could Alter Retail Trading Landscape

Illinois has enacted a new cryptocurrency law that may change trading dynamics, raising concerns about potential regulatory overreach.

Legal

SEC and Binance Request Ongoing Case Pause Extension

The U.S. Securities and Exchange Commission and Binance have filed a request with a federal judge to extend the pause in their ongoing case, citing productive discussions surrounding the litigation.

Crypto

SEC Requests Extension for Coinbase Case, Citing Settlement Possibilities

The SEC filed for a deadline extension regarding its case against Coinbase, indicating the possibility of a resolution with the formation of a new crypto task force.

Crypto

Law Firm Claims Pump.Fun Tokens Misrepresent Its Identity

Burwick Law has filed a class action lawsuit against Pump.Fun, alleging the platform created tokens that falsely impersonate the firm.

Policy

California Court Rejects Kraken's Appeal Attempt Over SEC Case

A judge has dismissed Kraken's request for an interlocutory appeal in an SEC case regarding the classification of cryptocurrencies as securities.

Crypto

Nishad Singh's Legal Team Highlights His Cooperation in FTX Case

Prosecutors advocate for leniency in sentencing former FTX executive Nishad Singh, citing his significant assistance to investigations.

Finance

Ripple to Pursue Cross-Appeal Against SEC's Recent Appeal

Ripple Labs aims to safeguard its arguments in an SEC case as the latter filed an appeal recently.

Crypto

Latest Developments in Cryptocurrency for Today

Stay updated on the recent cryptocurrency news including proposals from Sweden and US tax policy debates.

Crypto

Sanae Takaichi's Election Sparks Optimism for Crypto in Japan

The election of Japan's new Prime Minister Sanae Takaichi is expected to bolster the appetite for risk assets and cryptocurrencies among Japanese investors, as market sentiments align with her pro-growth policies.