Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.
Category: Lawsuit
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SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test.
DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols
The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols.
Gala Games founders biff over $130M theft, corporate waste allegations
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions.
Sotheby’s and Yuga Labs respond to lawsuit from Bored Ape investors
Art broker Sotheby’s has been named in the Bored Ape investors case against NFT company Yuga Labs, which said that the new allegations are without merit and described the complaint as “opportunistic.”
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.
SEC to seek interlocutory appeal in Ripple Case
The SEC’s interlocutory appeal comes nearly a month after Judge Analisa Torre’s laid out her non-final ruling.
FTX’s former law firm hit with lawsuit alleging it set up shadowy entities
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.
Coinbase to file order seeking dismissal of SEC lawsuit
Paul Grewal said Coinbase will seek to dismiss the SEC’s suit on Aug. 4 which will argue that it never sold securities as the regulator alleged.
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