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Grayscale stated that the SEC’s application of its “significant market test” is deeply flawed and does not protect investors against potential fraud and manipulation in the underlying BTC markets. The…
At an event for DC Fintech Week on Tuesday, the CEO of Ripple Labs, Brad Garlinghouse, noted that he expects the court to give its verdict on the case in…
Optimistically speaking, Brad Garlinghouse thinks the case will be concluded in 3-4 months, though it could take longer.
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.”
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.
XRP has been one of the best performers in an otherwise stagnant and even declining cryptocurrency market where most of the coins are charting declines. The cryptocurrency is up over…
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.
Ripple continues to be embroiled in a legal tussle with the SEC, and certain community members have claimed significant corruption on the agency’s side for targeting the blockchain firm. Cardano…
Gary Gensler made a big announcement on October 3, saying the US media personality and reality star Kim Kardashian had settled with the agency in a fraudulent crypto promotional case.…
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the…