Ripple Plans 'Cross-Appeal' in SEC Case coindesk.com 41 m Ripple Labs will file a cross-appeal in its ongoing case against the U.S. Securities and Exchange Commission, the company announced Thursday, as part of an effort to maintain its legal defenses as the SEC’s own appeal in the case winds its way through an appeals…
The SEC has been wrong about ‘crypto asset securities’ all along blockworks.co 2 h The Securities and Exchange Commission has finally admitted what we’ve known all along: “Crypto asset security” was a made-up term with no legal basis. After years of misleading the courts and the public, the agency’s quiet abandonment of the term…
Crypto-Backed PACs Fuel Record Spending in Ohio Senate Race coinedition.com 6 h Crypto-backed spending in Ohio’s Senate race has hit unprecedented levels, making it the highest in the 2024 U.S. election cycle. With Election Day fast approaching, ad spending on both Democrat Sherrod Brown and Republican Bernie Moreno has exceeded $170 million. Most recently,…
Thai SEC Proposes New Rules for Crypto Investment in Mutual and Private Funds decrypt.co + 5 more 10 h The Thai Securities and Exchange Commission (SEC) has proposed new regulations that would allow mutual and private funds to invest in digital assets in an effort to align with international developments and address growing interest…
US Authorities Charge Gotbit and Other Crypto Firms in Market Manipulation Probe cryptonewsland.com 5 h Gotbit allegedly manipulated $WATER token prices, selling more tokens than they purchased, raising fraud concerns. WaterCoin devs transferred 844.44M $WATER to new wallets, selling them for $2.35M in $SOL, fueling manipulation accusations. The FBI created a fake token to…
Ex-SEC Official Predicts 3 Trends To Watch In Cryptocom Lawsuit coingape.com 5 h John Reed Stark believes that Cryptocom has made a huge mistake by filing a lawsuit against the US Securities and Exchange Commission (SEC). The ex-SEC official does not see the possibility of a win for the exchange and broader cryptocurrency ecosystem….
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency news.bitcoin.com 5 h Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth. They processed…
