SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen
The civil lawsuit against the Ripple executives had been ongoing since December 2020.
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Elon Musk and Mark Cuban Challenge SEC’s In-House Trials
Elon Musk and Mark Cuban have joined forces to challenge the U.S. Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. The duo has presented a joint…
SEC Chair Gensler Remains Tight-Lipped About Spot Bitcoin ETF Approvals
After a year’s worth of stonewalling spot Bitcoin ETF applicants, the SEC may be taking a more laid-back approach toward their proponents. Cordial Discussion With Applicants Following a failed bid…
A Very Curious Thing Happened to Bitcoin for the First Time in 2023
TL;DR The number of Bitcoin wallets with at least 100 BTC recently surged to nearly 16,000, with the largest single-day increase this year recorded on October 13. Following these developments,…
Elon Musk, Mark Cuban team up to contest SEC trial strategies
The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated.
Binance France director resigns, adding to list of exits from crypto exchange
Stéphanie Cabossioras is at least the 10th senior executive to depart the crypto exchange this year.
Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF News
TL;DR False reports claimed the SEC approved BlackRock’s BTC ETF, but the SEC cautioned against unverified sources. US attorney John E. Deaton criticized the SEC, referencing court opinions that have…
Millions of Ripple (XRP) and Bitcoin (XRP) Liquidations on False BTC ETF Rumors: Bits Recap Oct 17
TL;DR False reports about SEC’s BTC ETF approval sparked a market surge. BTC peaked near $30,000, and XRP hit $0.50 before both declined when the news was debunked. Shiba Inu’s…
SEC Holds Back from Appealing Court Decision on Grayscale Bitcoin ETF: Report
The United States Securities and Exchange Commission (SEC) has exceeded its mid-October deadline to refute Grayscale’s court win for the approval of a spot Bitcoin exchange-traded fund (ETF). The financial…
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9.
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