settlement

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Attorney explains why Ripple might opt for settlement with SEC

0xMain
May 3, 2023

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Attorney John Deaton recently argued against the SEC’s action, explaining why Ripple may still choose to settle the case despite its eventual victory. Deaton claims that the legal fees connected with taking on the SEC might be too much for a small business like Ripple to...

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Celsius to repay 72.5% of the crypto assets on custody account settlement

0xMain
March 21, 2023

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A federal judge authorized a settlement in the bankruptcy case of the defunct crypto lender Celsius. Holders of custodial accounts can now collect 72.5% of the crypto in such arrangements. During a hearing on March 21 in the US Bankruptcy Court for the...