The SEC asked the court to dismiss the case without prejudice but DEBT Box says there is a double standard at play
The SEC and Ripple have a discovery deadline of Feb. 12
The SEC told the court that, while it made a mistake, dismissing these charges should be the only sanctions they face
SEC and Ripple continue to fight over what is allowed during the remedies discovery period
Abra held around $13.6 million worth of cryptocurrencies for 12,000 customers, according to the settlement
A federal judge heard oral arguments from the SEC and Coinbase Wednesday in the exchange’s move to dismiss the case against it
The SEC admitted last month to making “errors” in its attempts to freeze DEBT Box and related parties accounts
There is yet another legal battle unfolding in the Gemini and Genesis saga
The allegations came in a new lawsuit filed by the US securities regulator on Monday
A US district judge has declared Ryder Ripps and his business associate will pay Yuga Labs $1.57 million plus legal fees.
The lawsuit claims Lubin attracted the early employees with the promise of a solid stake in Consensys AG, but allegedly didn’t follow through
The lawsuit also aimed to have the court recognize Bitcoin Depot as the lawful owner of the seized money
The court found that the plaintiffs had “plausibly alleged” that Compound Labs and its associated entities solicited the public to purchase COMP tokens
The agency alleges around 1,160 customers used the margin product, losing about $8.35 million since Oct. 2021.
The appeal is a change of pace for embattled developers, who had previously signaled an intent to wind down operations in July
Both Eric Schiermeyer and Wright Thurston are seeking to oust the other from the company’s director position.
The agency would still maintain its focus on regulatory scrutiny of crypto-related activities, regardless of guidelines, a judge said
The exchange’s lawyers argued that the SEC hasn’t provided key details about alleged securities, such as sale date or parties involved, making its case weak against Gemini.
Bittrex declared bankruptcy back in May, a month after the SEC filed its lawsuit against the crypto exchange
More than 45 individuals, funds and family offices “have already indicated they are willing to participate,” FTX debtor affiliate claims
The Gemini suit is pointing fingers at the wrong defendants, DCG claims in motion to dismiss
Coinbase says the “subject matter” of the lawsuit “falls outside of the agency’s delegated authority”
Joel Dietz was allegedly working with Aaron Davis on Vapor, a browser-based crypto wallet, back in 2015
Binance claims the CFTC doesn’t have the right to police its foreign entities because they’re not based in the US