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The Securities and Exchange Commission is asking an appeals court to rule that XRP tokens sold to retail investors were unregistered securities as it continues its years-long case against Ripple Labs. Go to Source
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act. Go to Source
According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days. Go to Source
A panel of three judges said they would not force the SEC to implement rulemaking on crypto but referred to the commission’s “fogginess” potentially harming digital asset firms. Go to Source
A U.K. court rejected a lawsuit by James Howells seeking to force Newport City Council to allow him to search a landfill for a lost hard drive containing bitcoins. Claim Lacks Realistic Prospects of Success A U.K. court has dismissed a lawsuit filed by James Howells against Newport City Council for its refusal to allow … Read more
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Go to Source
Avi Eisenberg was found guilty of fraud and market manipulation in April 2024 and could face up to 20 years in prison. Go to Source
As part of discovery proceedings, prosecutors said they would search the Terraform Labs co-founder’s emails and Twitter account. Go to Source
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview. Go to Source
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Go to Source
