The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17
Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts. Go to Source Powered by WPeMatico
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Court partially denies Aptos Lab’s motion to dismiss Glazer’s $1 billion lawsuit
Four legal claims were dismissed by the court, while three others were allowed to proceed. Go to Source Powered by WPeMatico
Korean police reportedly arrest first person involved in Terra collapse
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle. Go to Source Powered by WPeMatico
Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
The details of the withdrawal will reportedly be part of upcoming court filings, and it’s possible the founder and former CEO of the crypto platform could be forced to pay it back. Go to Source Powered by WPeMatico
XRP price breaks out of range with a 25% rally, but why?
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level. Go to Source Powered by WPeMatico
New York Judge orders Tether to document USDT backing
The court accepted the Plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case. Go to Source Powered by WPeMatico
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. Go to Source Powered by WPeMatico
Possession of Bitcoin still legal in China despite the ban, lawyer says
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. Go to Source Powered by WPeMatico
Celsius requests permission to sell off its stablecoins
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off. Go to Source Powered by WPeMatico
BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court. Go to Source Powered by WPeMatico