Tag: SEC

  • SEC win prompts Ripple for extension while market eyes this AI altcoin growth

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple seeks court extension amid SEC battle as crypto investors eye InQubeta (QUBE) with bullish outlook. Ripple finds itself again in the spotlight, navigating its ongoing legal battle with the U.S. Securities and Exchange…

  • US senators call SEC actions in Debt Box case ‘unconscionable’

    A group of five Republican lawmakers from the United States Senate have criticized the Securities and Exchange Commission (SEC) for its actions in a lawsuit against Digital Licensing, doing business as Debt Box. In a Feb. 7 letter to SEC chair Gary Gensler, six Republican senators said they were “greatly concerned” by the commission’s conduct…

  • SEC wins motion to disclose Ripple financial statements, XRP sales details

    A federal judge ruled that Ripple must disclose its financial records and details of XRP sales in the SEC’s lawsuit over an unregistered securities offering. Judge Sarah Netburn ruled in favor of the SEC, ordering Ripple to disclose its financial statements for 2022-2023. The decision aims to shed light on Ripple’s financial dealings and the…

  • Binance and SEC at odds; Pullix may flip Uniswap in trading volume

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The current defi market is seeing increased scrutiny from the U.S. SEC, particularly concerning Binance (BNB). On the other hand, supporters claim Pullix (PLX) can surpass Uniswap (UNI) in trading volume.  Binance’s unresolved issues with…

  • Terraform Labs says bankruptcy will aid appeal of SEC suit

    Terraform Labs says its decision to file for bankruptcy will aid it in pursuing an appeal of the lawsuit it faces from the United States Securities and Exchange Commission.  In a Jan. 30 filing to a Delaware Bankruptcy Court, Terraform Labs CEO Chris Amani wrote that its Chapter 11 bankruptcy was critical to successfully appealing…

  • Binance vs. SEC: Judge shows skepticism on BUSD as investment contract

    The highly anticipated hearing of the SEC’s lawsuit against Binance occurred today in Washington, as the trial revealed several challenges for the leading exchange. Last year, the SEC accused Binance and its U.S. arm of multiple violations, including inflating trading volumes, misusing customer funds, and misleading investors about market controls, further complicating the crypto regulatory…

  • Coinbase has 70% chance of full dismissal in SEC lawsuit: Litigation analyst

    Bloomberg senior litigation analyst, Elliott Stein, has indicated he sees minimal likelihood of failure for cryptocurrency exchange Coinbase in its ongoing lawsuit against United States Securities and Exchange Commission (SEC). Stein forecasts a 70% chance of the exchange securing a full dismissal in the lawsuit. In a recent post on Jan. 19 on X (formerly…

  • The SEC Goes Back to Court

    Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator’s legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities.…