SEC has 3%–14% chance of success in Ripple appeal, lawyers predict
The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against the regulator.
The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against the regulator.
The market is warming to FTX claims, with one claim going for between 52 and 53 cents on the dollar at auction on Friday.
Anti-establishment Javier Milei was the touted favorite in Argentina’s presidential election but is trailing in second place with 90% of the vote counted.
A recent study conducted by the Atlantic Council, an American think tank, reveals that as of June 2023, 130 countries globally are participating in Central Bank Digital Currency (CBDC)-related initiatives. 11 of these nations, including several Caribbean countries and Nigeria, have already introduced their own CBDCs. Sweden, leading the pack, has actively initiated trial operations for its CBDC, indicative of significant progress amongst G20 member nations in this innovative financial technology sector.
The amicus brief was filed to support an appeal against the U.S. Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users.
Tom Emmer has been “making calls” to secure a nomination for the speaker role, and it could be a boon for the crypto sector if he were to be voted in.
According to CoinDesk: The U.S. Securities and Exchange Commission (SEC) has scored a default judgement against Thor Technologies and its founder, David Chin, over a $2.6 million unregistered offering of cryptocurrency asset securities. This ruling comes from a San Francisco district court nearly a year after the SEC first brought charges against Thor Technologies in December 2022. A default judgment typically happens when the defensive party doesn't meet specific actions, such as attending a trial or meeting document filing deadlines. Thor Technologies and Chin were charged with selling "Thor Tokens" to raise funds for a software platform designed for gig economy workers and companies. These tokens were not registered with the SEC and were promoted as an investment opportunity. Thor announced in April 2019 that it would shut down its operations due to "many regulatory challenges" Under the court's decision, Thor and Chin are prohibited from participating in any cryptocurrency asset securities offering. They are also ordered to disgorge $744,555 with a prejudgment interest of $158,638.06. However, Chin is still allowed to buy or sell securities, including crypto-asset securities, for his personal account.
Over the past few months, I’ve been spending a lot of time studying USDEBTCLOCK.org. USDEBTCLOCK.org serves the purpose of providing real-time data and statistics related to the United States national ...
-- Japanese consumer inflation grew slightly more than expected in September as food prices remained elevated, while a core inflation reading that is closely watched...
A British investigative firm tracked down stolen funds and convinced the High Court of Singapore to mark the wallets containing the funds permanently with its order.