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. Go to Source
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SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials. Go to Source
This scenario could spark Gary Gensler’s resignation: Former SEC official
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024. Go to Source
Coinbase gains legal support as scholars file amicus brief
In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term ‘investment contract’ when interpreting its scope. Go to Source
Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC
Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Go to Source
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application. Go to Source
SEC announces $24M settlement for case against Bittrex and its former CEO
The U.S. regulator filed a complaint in April claiming Bittrex and William Shihara operated an unregistered exchange, also separately charging Bittrex Global. Go to Source
SEC use of Terraform ruling hints Coinbase dismissal motion attack plan
The SEC claims a court ruling gives it authority over crypto, setting up a possible counter-argument in dismissal motions brought against it. Go to Source
Federal judge suggests Q2 2024 trial for SEC case against Ripple execs
Aiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ripple defense lawyers to submit certain motions. Go to Source
Binance faces calls for ban by Nigerian Bureau De Change association
Gwadebe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market. Go to Source