Ripple Challenges $2B SEC Fine, Argues for $10M Maximum Penalty
Ripple, a cross-border payment protocol, disputed the SEC’s $2 billion fine request, advocating for a maximum penalty of $10 million. They argue the fine is excessive. Protocol for cross-border payments Ripple challenged the request of the United States Securities and Exchange Commission (SEC) to sanction the blockchain company $2 billion, arguing that the maximum penalty […]
Binance Faces Class-action Lawsuit in Canada
Plaintiffs have filed a new class-action lawsuit against cryptocurrency exchange Binance in Canada, alleging that the company has violated local securities laws. On April 19, the Superior Court of Justice of Ontario issued a certification motion concerning a class-action lawsuit targeting Binance. The lawsuit charges Binance engaged in the unregistered sale of crypto derivative products […]
Revolt App’s Integration of BONK Token Excites EU Users
Revolt App has made a significant move by incorporating the BONK token into its trading platform, thereby expanding its crypto repertoire. This advancement provides trading prospects for individuals who are citizens of the European Union and other eligible nations; they can now conduct BONK token transactions effortlessly through the application’s interface. In addition, a Learn […]
Thailand Moves to Block Crypto Websites to Combat Online Crime
Thai authorities have decided to block unauthorized cryptocurrency platforms to enhance law enforcement efforts against online crime. In order to block access to the platforms, Thailand’s Securities and Exchange Commission (SEC) was instructed to provide the Ministry of Digital Economy and Society with information regarding unlicensed digital asset service providers after a meeting of the […]
Mt. Gox Creditors Reveal Payment Update on Claims System
Creditors of Mt. Gox receive updates on reimbursement status for both currency and Bitcoin claims from the trustee. The manager has added precise repayment amounts and completion dates to its claims accounts, according to the Mt. Gox subreddit. Those anticipating payment stated that details regarding Bitcoin (BTC), Bitcoin Cash (BCH), and fiat rewards had been […]