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Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case misapplied the law. Better Markets CEO on SEC Appeal Against Ripple Dennis … Read more
In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service. Go to Source
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets. Go to Source
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and fraudulent practices. Ian McGinley, Director of the Commodity Futures Trading Commission’s Division of Enforcement, emphasized that this multibillion-dollar recovery is the largest recovery in CFTC history. FTX and Alameda Ordered … Read more
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon. Go to Source
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security to raise funds. Go to Source
Musk claims he was misled about the ChatGPT creator’s true purpose. Go to Source
In a January open letter, Gemini co-founder Cameron Winklevoss accused entities related to Genesis of inflating their assets. Go to Source
Since 2023, the decision to send the Terraform co-founder to South Korea or the United States has been contested in Montenegrin courts. Go to Source
Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite. Go to Source
