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SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
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Coinbase Faces Up to $400 Million Reimbursement Cost After Recent Cyberattack
Coinbase has estimated that it could see expenses between $180 million (roughly Rs. 1,541 crore) - $400 million (roughly Rs. 3,426 crore) as it sets to manage the situation after a recent data breach incident. As part of the attack, cybercriminals managed to lure in funds from the exposed users under false claims and Coinbase plans to voluntarily r...
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Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
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Billionaire Who Invested In Trump's Crypto Exempted From Civil Fraud Charges
Justin Sun, the founder of Tron and advisor to Donald Trump’s cryptocurrency venture, recently sought a pause in a civil fraud case with the SEC to explore a potential resolution.Â
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US Securities Regulator to Drop Lawsuit Against Coinbase, Firm Says
Coinbase has said that the US securities regulator planned to withdraw its lawsuit against the crypto exchange. In a blog post, the exchange said SEC staff has "agreed in principle" to dismiss the case, although the final decision has not yet been voted on by the commission.
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Donald Trump's New SEC Leadership Said to Kick Start Crypto Overhaul
Top Republican officials at the US Securities and Exchange Commission are poised to begin overhauling the agency's cryptocurrency policies potentially as early as next week. Trump, who courted crypto campaign cash with pledges to be a "crypto president," is also expected to issue executive orders urging regulators to review their crypto policies.
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US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
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Crypto.com Sues US SEC After Receiving Legal Threat from Regulator
Crypto.com filed a lawsuit against the US Securities and Exchange Commission (SEC). The case filed also names SEC Chair Gary Gensler and four other commissioners as defendants.
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Coinbase Locks Horns with US SEC in Court Over Crypto Rulemaking
Coinbase, the largest US crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on a petition for rulemaking Coinbase filed in 2022. The cryptocurrency exchange has pressed the agency to create new rules for digital assets.
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Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities
A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry.
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US SEC Plans to Appeal Recent Crypto Decision on Ripple Labs
The US Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency markets. The SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."
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Ripple Labs Wins SEC Case Over Sale of XRP Token on Public Exchanges
Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges, a US judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. XRP was up 75 percent by late afternoon on Thursday, according to Refinitiv Eikon data.
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Coinbase Launched Unusual Legal Offensive Months Before US SEC Crackdown
Months before cryptocurrency exchange Coinbase became the biggest target of the US crackdown on digital assets, the company launched an unusual legal offensive, recruiting top lawyers to try to shape court rulings in other cases. Before the US Securities and Exchange Commission sued Coinbase on June 6, the company had weighed in on two other crypto...
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Former Coinbase Manager, Brother Agree to Settle SEC Charges on Crypto Insider Trading
A former product manager for Coinbase Global and his brother have agreed to settle US Securities and Exchange Commission (SEC) charges related to insider trading of crypto asset securities.
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Coinbase Sued for Alleged Unauthorised Collection of Users’ Biometrics Data: Details
Coinbase is being sued by plaintiff Michael Massel for allegedly trespassing the Illinois’ Biometric Information Privacy Act (BIPA) and unlawfully collecting users’ biometrics data. The suit alleges that the exchange uses this biometrics data to enhance its ‘app-based’ online platform’s usage and working.
-
SEC Dropping Enforcement Case Against Binance Crypto Exchange
The US SEC has moved to end its legal battle against Binance. The regulator and the exchange’s co-founder Changpeng Zhao filed a joint motion on Thursday to stay the case in the US District Court for the District of Columbia.
-
Coinbase Faces Up to $400 Million Reimbursement Cost After Recent Cyberattack
Coinbase has estimated that it could see expenses between $180 million (roughly Rs. 1,541 crore) - $400 million (roughly Rs. 3,426 crore) as it sets to manage the situation after a recent data breach incident. As part of the attack, cybercriminals managed to lure in funds from the exposed users under false claims and Coinbase plans to voluntarily r...
-
Ripple CEO Announces End of Four-Year SEC Battle as XRP Surges: Key Details
Ripple CEO Brad Garlinghouse announced that the SEC is dropping its case after four years, crediting the US's new pro-crypto administration for its innovative approach.
-
Billionaire Who Invested In Trump's Crypto Exempted From Civil Fraud Charges
Justin Sun, the founder of Tron and advisor to Donald Trump’s cryptocurrency venture, recently sought a pause in a civil fraud case with the SEC to explore a potential resolution.Â
-
US Securities Regulator to Drop Lawsuit Against Coinbase, Firm Says
Coinbase has said that the US securities regulator planned to withdraw its lawsuit against the crypto exchange. In a blog post, the exchange said SEC staff has "agreed in principle" to dismiss the case, although the final decision has not yet been voted on by the commission.
-
Donald Trump's New SEC Leadership Said to Kick Start Crypto Overhaul
Top Republican officials at the US Securities and Exchange Commission are poised to begin overhauling the agency's cryptocurrency policies potentially as early as next week. Trump, who courted crypto campaign cash with pledges to be a "crypto president," is also expected to issue executive orders urging regulators to review their crypto policies.
-
US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
-
Crypto.com Sues US SEC After Receiving Legal Threat from Regulator
Crypto.com filed a lawsuit against the US Securities and Exchange Commission (SEC). The case filed also names SEC Chair Gary Gensler and four other commissioners as defendants.
-
Coinbase Locks Horns with US SEC in Court Over Crypto Rulemaking
Coinbase, the largest US crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on a petition for rulemaking Coinbase filed in 2022. The cryptocurrency exchange has pressed the agency to create new rules for digital assets.
-
Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities
A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry.
-
US SEC Plans to Appeal Recent Crypto Decision on Ripple Labs
The US Securities and Exchange Commission plans to appeal a recent court decision involving Ripple Labs that was a setback for the agency's efforts to oversee cryptocurrency markets. The SEC said an appeal could address legal issues on which there was "substantial ground for differences of opinion."
-
Ripple Labs Wins SEC Case Over Sale of XRP Token on Public Exchanges
Ripple Labs did not violate federal securities law by selling its XRP token on public exchanges, a US judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring. XRP was up 75 percent by late afternoon on Thursday, according to Refinitiv Eikon data.
-
Coinbase Launched Unusual Legal Offensive Months Before US SEC Crackdown
Months before cryptocurrency exchange Coinbase became the biggest target of the US crackdown on digital assets, the company launched an unusual legal offensive, recruiting top lawyers to try to shape court rulings in other cases. Before the US Securities and Exchange Commission sued Coinbase on June 6, the company had weighed in on two other crypto...
-
Former Coinbase Manager, Brother Agree to Settle SEC Charges on Crypto Insider Trading
A former product manager for Coinbase Global and his brother have agreed to settle US Securities and Exchange Commission (SEC) charges related to insider trading of crypto asset securities.
-
Coinbase Sued for Alleged Unauthorised Collection of Users’ Biometrics Data: Details
Coinbase is being sued by plaintiff Michael Massel for allegedly trespassing the Illinois’ Biometric Information Privacy Act (BIPA) and unlawfully collecting users’ biometrics data. The suit alleges that the exchange uses this biometrics data to enhance its ‘app-based’ online platform’s usage and working.
