A judge in the Southern District of New York says he will stop the SEC from interfering with a bankruptcy case by claiming a new crypto asset is a security. Judge Michael Wiles says he will not allow the U.S. Securities and Exchange Commission to punish executives and advisors working on proposals to create a […]
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U.S. District Judge Analisa Torres is allowing XRP holders to remain a part of the U.S. Securities and Exchange Commission’s ongoing legal battle with Ripple. In a new order, Judge Torres allows XRP holders to retain their status as “amici curiae” in the SEC’s action against Ripple Labs Inc, but she denies them the opportunity […]
The post SEC Loses Bid To Bar XRP Holders From Participating in Regulator’s Lawsuit Against Ripple appeared first on The Daily Hodl.
Coinbase CEO Brian Armstrong says the exchange informed authorities about a suspected insider tipping scheme involving a former employee. Indictment records show Coinbase former product manager Ishan Wahi tipped his brother, Nikhil Wahi, and his friend, Sameer Ramani, of the firm’s upcoming public listing announcements, which include information about new crypto assets the platform will […]
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The U.S. Securities and Exchange Commission (SEC) is losing a prominent argument in its lawsuit against Ripple Labs. Federal Judge Sarah Netburn denied the SEC’s attempt to not provide internal documents relating to former SEC Director William Hinman, who made a speech in 2018 stating that Ethereum (ETH) was not a security. Netburn first ordered […]
The post Ripple Wins Latest Legal Round To Compel SEC To Produce Evidence in XRP Lawsuit appeared first on The Daily Hodl.
A crypto attorney says Ripple and the U.S. Securities and Exchange Commission (SEC) are tussling over the release of expert reports. Crypto attorney James K. Filan shares recent court documents showing the SEC is trying to shield the identities and opinions of its experts from any public scrutiny. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants […]
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A legal expert warns an unfavorable ruling in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple would be bad for crypto. Deaton Law Firm managing partner John E. Deaton says the outcome of the SEC lawsuit alleging that XRP is a security will determine whether nearly all other existing altcoins are securities. “Considering […]
The post Ripple vs SEC: Legal Expert Warns Adverse Ruling in Lawsuit Would Be Catastrophic for Crypto Industry appeared first on The Daily Hodl.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says he believes most crypto assets are securities. In a CNBC interview, Gensler says Bitcoin (BTC) is the only crypto asset that fits the description of a commodity. “Many of these financial assets, crypto financial assets, have the key attributes of a security. So some of […]
The post SEC Chair Gary Gensler Singles Out Bitcoin, Says BTC Only Crypto He’s Willing To Label a Commodity appeared first on The Daily Hodl.
Cardano (ADA) founder Charles Hoskinson doesn’t think highly of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple. The SEC sued Ripple in late 2020, alleging the payments firm sold XRP as an unregistered security. In a new interview with BitBoy Crypto, Hoskinson says regulators shouldn’t operate on a case-by-case basis, which he says […]
The post Cardano Founder Charles Hoskinson Comments on XRP Lawsuit, Calls It ‘Regulation Through Enforcement’ appeared first on The Daily Hodl.
Ripple General Counsel Stu Alderoty is calling out the U.S. Securities and Exchange Commission (SEC) for what he sees as deliberately muddying crypto regulations. In a new commentary published for Fortune, Alderoty discusses the ripple effects of a speech made by William Hinman in 2018. At the time of the speech, Hinman served as the Director of […]
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The U.S. Securities and Exchange Commission (SEC) is erring in their XRP lawsuit against Ripple, according to crypto legal expert Jeremy Hogan. Recent squabbles in the lawsuit have centered around documents relating to former SEC Director William Hinman, who made a speech in 2018 in which he stated Ethereum (ETH) was not a security. Federal Judge Sarah […]
The post SEC Made a ‘Big Mistake’ That Will Come Back To Haunt Them in XRP Lawsuit, Says Legal Expert Jeremy Hogan appeared first on The Daily Hodl.
