Ripple files final submission in its case against SEC
After a two-year legal struggle, the prominent crypto case between Ripple and the US Securities and Exchange Commission (SEC) is coming to an end as Ripple filed its final submission against the US regulator on Dec. 2. The SEC and Ripple each submitted a redacted reply to the other’s objection to a move for summary […]
FTX endorsements lead to lawsuit against Tom Brady and others
According to the lawsuit, Bankman-Fried, the exchange, and the celebrities may have participated in a plan to mislead investors. Everyone in the cryptocurrency world is buzzing about the collapse of the FTX exchange. Not only have investors voiced their concerns, but authorities from all around the world have also noted the scandal as a turning […]
Ripple Will Settle In Minutes If SEC Confirms XRP Is Not Security
Investors in XRP are still waiting for the Ripple vs. SEC lawsuit to end, and legal experts think the federal agency could lose the case. Both sides have already sent in their motions for summary judgment and their replies. But the public can only see versions of their filings that have been changed. From the […]
SEC Be Inching Closer to Its Defeat in the XRP Lawsuit
Ripple Labs and SEC could be getting closer and closer to a loss. Layton of Forbes says that the SEC realized that it had fallen into its own trap. If the SEC goes to the Supreme Court, it will set a precedent that makes the Howey Test less useful. The US Securities and Exchange Commission […]
Terra Co-founder Faces $57-million Lawsuit In Singapore
The lawsuit alleges Kwon made fraudulent claims “either knowing that they were false, or not caring whether they were true or false.” Along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias, Do Kwon, the co-founder of Terraform Labs who may be subject to legal action in South Korea and the United […]