The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law.
Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws.
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
5 lowlights of Gary Gensler’s evasive testimony before Congress
The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.
XRP ruling a ‘watershed moment’ but we’re not out of the woods yet — Lawyers
The crypto community has gathered to celebrate the recent ruling on XRP’s securities status, but lawyers warn there’s more to it than meets the eye.
Ripple vs. SEC: Could newly released documents tip the balance?
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day.
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws.
SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense
The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won.
Coinbase wins $470K restitution in insider trading case
The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.
Lawyer lays out his reasoning on why XRP is not a security
Lawyer Jeremy Hogan believes the United States Securites and Exchange Commission has failed to legally demonstrate that XRP is a security.
Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
What are the Howey test and its implications for cryptocurrency?
The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more.
Crypto Lobbying Needs a Reset: More FTC, less SEC
Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry. How, critics rightfully asked, can a token that’s explicitly designed not to fluctuate in price be considered a security?
‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security.
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon.
Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.
Crypto exchange Kraken faces probe over possible securities violations: Report
The probe is reportedly looking at certain offerings that Kraken has made to its US customers that could be in breach of securities laws.
Former Coinbase manager slams SEC in motion to dismiss insider trading case
The attorneys for Ishan and Nikhil Wahi wanting the case thrown out arguing the SEC was “wrong” when charging the pair.
Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’
Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.”
