Ruling

Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

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Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

Top 5 Events That Shook Up The Crypto Industry In 2023 In 2023, the crypto industry experienced significant events, including Blackrock’s application for a Spot Bitcoin ETF, founder Sam Bankman-Fried’s fraud conviction, CZ’s resignation from Binance, the XRP ruling in the SEC case, and Grayscale and Coinbase’s legal battles with the SEC. These events had … Read more

Judge Makes No Ruling in SEC-Binance Document Dispute

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Judge Makes No Ruling in SEC-Binance Document Dispute

Magistrate Judge Zia Faruqui has advised the Securities and Exchange Commission (SEC) and Binance.US to collaborate on their discovery requests. The judge recommended that the SEC narrow its request for information and suggested that Binance.US allow certain shard holders to be deposed in order to verify the safety of its funds. Additionally, Judge Faruqui called … Read more

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

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U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more