Judge rules LBRY video platform’s token is a security in case brought by the US SEC
The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements.
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New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed…
Here’s what you should know about the upcoming US midterms: Law Decoded, Oct. 31–Nov. 7
Despite a common mantra about the nonpartisan nature of crypto, there are certain correlations evident ahead of the United States elections.
SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX
The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022.
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised…
Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’
Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse…
Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’
According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws.
Bitcoin mining firm Bitdeer could delay public offering to 2023
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.
SEC chair highlights crypto enforcement cases to legal experts
Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws.
Coinbase Supports Ripple’s SEC Battle: Files Amicus Brief
Leading American cryptocurrency exchange Coinbase is seeking permission to file an amicus brief, also known as “friend of the court,” in support of Ripple Labs’ ongoing court case with the…
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