In the long running SEC vs Binance legal battle, the latter has filed a motion to dismiss. The submission was done in the U.S. District Court for the District of Columbia on November 4. The firm by this legal action has responded to the amended complaint by the SEC. The Commission has accused Binance and…
XRP has started to rise again with support from $0.54, however on the other side, the community is confused about the SEC appeal timeline. On social media X, a number of people are presenting their understanding to when is the deadline for the SEC to file the form C. Let’s unveil what is happening on…
In a turn of events, the SEC was caught in the line of questioning in the Third Circuit Court of Appeals. Coinbase got the chance to present its demand from the SEC to write down clear rules for cryptos. The Chief Legal Officer of Coinbase, Paul Grewal in his X post shared details of the…
In a turn of events, the SEC was caught in the line of questioning in the Third Circuit Court of Appeals. Coinbase got the chance to present its demand from the SEC to write down clear rules for cryptos. The Chief Legal Officer of Coinbase, Paul Grewal in his X post shared details of the…
In an astonishing win, Coinbase has secured a significant victory in its ongoing legal battle with the SEC. On September 5, a federal judge ruled in the favor of the crypto exchange to allow its legal team access to certain SEC documents. These documents will unfold the scenarios of how the regulator classifies crypto tokens…
The digital art world is facing an unexpected challenge. OpenSea, a well-known NFT marketplace, is preparing for a possible legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC has sent a Wells Notice to OpenSea, signaling that it may soon take legal action, arguing that NFTs sold on the platform are securities….
Abra, a crypto trading and lending platform got sued by the SEC. It seems like a trend for the SEC to sue crypto projects. The SEC sued Abra for conducting unregistered offers and sales of crypto asset securities through its Abra Earn services. The Securities Commission also alleged Abra to have operated as an unregistered…
Kraken, one of the major cryptocurrency exchanges, was sued by the SEC last November in the Northern District of California. The ongoing legal battle between cryptocurrency exchange Kraken and the SEC has taken a significant turn. On August 23, U.S. District Court Judge William H. Orrick of the Northern District of California ruled that the…