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” Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit “ Kim Kardashian, Floyd Mayweather and other celebrities are looking to convince a judge to dismiss another revised attempt to hold them liable for allegedly promoting EthereumMax (EMAX) without proper disclosure. The celebrities asked a California federal judge to dismiss a second amended…
” Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case “ The United States Securities and Exchange Commission (SEC) has again been accused of overstepping its authority and unfairly labeling crypto assets as securities, this time in its insider trading case against ex-Coinbase employees. In an amicus brief filing on Feb. 22,…
” CoinEx crypto exchange sued by New York for failing to register with state “ Cryptocurrency exchange CoinEx has been sued by the New York Attorney General, Letitia James, alleging the firm falsely represented itself as an exchange due to failing to register as a securities and commodities broker-dealer in the state. A 38-page petition…
” Dapper Lab’s NBA Top Shot Moments may qualify as a security, says U.S. judge “ Updated (Feb. 22 at 9:00 pm in UTC): This article has been updated to include Dapper Lab’s comments on the case. NBA Top Shot Moments nonfungible tokens (NFTs) may be considered a security, as it meets the requirements under…
” SBF lawyers to pay for technical expert to aid judge on bail terms “ Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried’s bail terms….
” Coinbase staking ‘fundamentally different’ to Kraken’s — chief lawyer “ The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase’s head lawyer. Paul Grewal, Coinbase’s chief legal officer,…
” Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs “ The United States Securities and Exchange Commission’s (SEC’s) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to a lawyer. Gabriel Shapiro, general counsel at investment firm Delphi Labs, explained…
” FTX’s Bankman-Fried could ‘conceivably’ get bail revoked, says judge “ Former FTX CEO Sam Bankman-Fried could “conceivably” have his bail revoked after a federal judge said there was “probable cause” to believe he may have engaged in attempted witness tampering. In the Feb. 16 hearing on Bankman-Fried’s bail conditions, Judge Lewis Kaplan said there…
” Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report “ Judge Lewis Kaplan reportedly targeted Sam Bankman-Fried’s internet usage in a hearing aimed at reviewing the former FTX chief executive officer use of a virtual private network, or VPN. According to a Feb. 16 tweet from NPR correspondent…
” Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons “ Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge. In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said…