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Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case

Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP CaseRipple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows CapitalAccording to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose what type of assets face liquidation, but the sources remarked […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas

New York Judge Orders Terraform Labs to Comply With SEC’s Investigative SubpoenasA recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed a subpoena enforcement action against Terraform Labs and the […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency ExchangeThe Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records

SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery RecordsThe U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek relevant evidence, but rather seek to […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024

US Court Rejects SEC’s Attempt to Block XRP Holders’ Motion to Intervene in Ripple Lawsuit

US Court Rejects SEC’s Attempt to Block XRP Holders’ Motion to Intervene in Ripple LawsuitIn the SEC v. Ripple lawsuit, the court has rejected the SEC’s attempt to block XRP holders’ Motion to Intervene and has set submission deadlines for the motion to be filed as well as for responses from the SEC and Ripple. Judge Dismissed SEC’s Attempt to Stop XRP Holders From Intervening in Ripple Lawsuit In […]

MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024