In a surprising twist to the ongoing regulatory battle between the Securities and Exchange Commission (SEC) and Binance, lawyers for the crypto exchange have alleged that SEC Chair Gary Gensler offered to serve as an advisor to Binance’s parent company in 2019. This...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto lawyer Jesse Hynes expressed hope that the court supervising the Securities and Exchange Commission’s (SEC) legal action against Ripple would declare XRP a non-security digital asset. According to...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The legal representatives of Terra’s Do Kwon have asked the court to dismiss the SEC’s charges against Terraform Labs and its founders. The motion states that the collapsed Terra...
Class action lawyers argue that Ben Armstrong, who stands behind BitBoy Crypto YouTube, often threatened them because they were suing them for advertising the fallen FTX cryptocurrency exchange. After being identified as a defendant in a class action lawsuit, Ben Armstrong began harassing the...
The lawyers representing Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, said that his criminal trial might need to be delayed to give him more time to prepare his defense. So far, the criminal trial on the FTX case is scheduled for...
New FTX CEO John Ray III had a profitable February, with a payday of $305,000 according to new documents released to the public. Attachment 1 of document 811 filed by Kroll — the firm overseeing the FTX bankruptcy — shows that the firm’s...
In recent times, digital currency lawyers have strongly criticized Gary Gensler, the United States Securities and Exchange Commission (SEC) head, for his recent comments that all cryptocurrencies, except bitcoin (BTC), are securities under the agency’s jurisdiction. In an interview with New York Magazine...
FTX’s legal team is poised to reap millions from the ongoing FTX bankruptcy case. With the trial set to take place in October 2023, the team has under eight months to sort out the issue. The process is expected to take a lot...