Ripple and Bitnomial clap back The SEC is facing legal battles with Ripple and Bitnomial over XRP futures, while also suing Cumberland. Bitcoin whales are accumulating, leading to speculation of a potential price pump. Binance executive Tigran Gambaryan was denied bail, Uniswap launched the Unichain testnet, and Tron founder Justin Sun became the Prime Minister … Read more
South Korea Calls On Interpol For Help South Korea is intensifying efforts to extradite Do Kwon, CEO of Terraform Labs, back to face legal charges in their country. This comes after a successful appeal against extradition to the US in Montenegro, shifting the focus to South Korea’s claim on him. The National Police Agency of … Read more
In Lejilex vs. SEC, Crypto Goes on Offense in the Courts Impact litigation has proven to be effective in shaping industry regulations through successful court cases. Ripple Labs, Uniswap Labs, and Grayscale have all scored major victories in high-profile cases against the SEC, setting important precedents for the cryptocurrency industry. Ripple Labs successfully argued that … Read more
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’ The U.S. Securities and Exchange Commission (SEC) has filed a motion to appeal a ruling from the Ripple Labs lawsuit that stated XRP was not a security. The SEC argues that there are “knotty legal problems” with the court’s interpretation of the law, … Read more
A recent report from China’s People’s Court challenges the government’s historical stance on cryptocurrency by recognizing virtual assets as legal property. This is a departure from China’s strict regulations and bans on cryptocurrencies. The report asserts that virtual assets possess economic attributes that categorize them as property. While this recognition does not directly challenge the … Read more
