Lejilex Accuses SEC of Exceeding Regulatory Authority
Texas-based crypto startup Lejilex has accused the United States Securities and Exchange Commission of exceeding its regulatory authority. Lejilex, a crypto startup, and the United States Securities and Exchange Commission have submitted opposing briefs for summary judgment in a federal court in Texas, which has significantly escalated their legal dispute regarding the classification of cryptocurrency. […]
US, SEC Support Crypto Sales Lawsuit Against Nvidia in Supreme Court
The U.S. Justice Department and SEC urged the Supreme Court to allow a class action lawsuit against Nvidia, alleging the company misled investors about sales to crypto miners. The United States Justice Department and the Securities and Exchange Commission have informed the Supreme Court that an investor class suit against Nvidia, which alleges that the […]
Bitwise Files Form S-1 for Bitwise XRP ETF
Bitwise has officially filed with the Securities and Exchange Commission, marking another step toward creating an XRP ETF. According to the regulator’s official website, Bitwise, the manager of a crypto index fund, filed a Form S-1 document with the U.S. SEC on October 2 for an exchange-traded fund called XRP. In a news release confirming […]
Ripple Whales Acquire 47M XRP as SEC Deadline Nears
Ripple whales recently shifted 47M XRP, drawing significant attention amid ongoing litigation with the SEC. By shifting 47 million XRP ahead of the appeal that the United States Securities and Exchange Commission is about to file in the final phases of litigation, Ripple whales have once again gained substantial attention, which is a gripping turn […]
NFT Sales Plummet to Lowest Monthly Volume Since 2021
NFT sales in September dropped to $296 million, down 20% from August and 81% from March’s $1.6 billion peak. Non-fungible token (NFT) sales resumed their downward trajectory in September, as digital collectibles’ monthly sales volumes failed to recover. The sales volume of non-fungible tokens in September was $296 million, according to data provided by CryptoSlam. […]