Legal Archives - Page 6 of 13

Court Denies Ripple-SEC Push to End XRP Case—Judge Keeps Ruling Intact

Leave a Comment / Bearish, Legal, ripple xrp, SEC, United States US / best time

A federal judge dealt a major setback in the high-stakes XRP case, rejecting Ripple’s deal with the SEC and enforcing the full penalty and legal restrictions. Judge Rejects Ripple-SEC Agreement, Upholding Full Penalty and Legal Restraints U.S. District Judge Analisa Torres ruled on June 26 that Ripple Labs cannot dissolve a court-imposed injunction or reduce […]

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US judge denies SEC and Ripple’s second bid to amend penalty

Leave a Comment / Featured, Legal, ripple, SEC, Technology, Tokens, xrp / best time

US District Judge Analisa Torres has denied a joint request from the US Securities and Exchange Commission (SEC) and Ripple Labs to dissolve an earlier court order and lower Ripple’s financial penalty. The ruling, issued on June 26, firmly rejected the attempt to undo a prior judgment tied to Ripple’s violations of securities laws through

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WazirX gains crucial extension to revive post-hack restructuring plan

Leave a Comment / Bankruptcy, Exchanges, Featured, Legal / best time

WazirX, once India’s largest crypto exchange by trading volume, has secured a crucial extension from Singapore’s High Court as it struggles to recover from a devastating $234 million hack and a year of growing user frustration. In a statement posted on social media, WazirX confirmed that the court will allow it to present new arguments

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Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, K Daily Stablecoin Limit

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Leave a Comment / Crypto Regulation News, Legal, Turkey / best time

Turkey’s Ministry of Treasury and Finance is tightening regulations on crypto asset service providers in a bid to clamp down on illicit financial activities. According to the Ministry, digital asset platforms must now collect and verify more detailed information about user transactions. This information includes obtaining a written explanation of at least 20 characters describing

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Ripple v SEC: Lawyer Crushes Delay Fears as XRP Inches Toward Resolution

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XRP approaches a critical turning point in the Ripple v. SEC case as a top lawyer dismisses delay fears, fueling optimism for a swift resolution and clearer crypto regulation. XRP Braces for Imminent Court Decision as Lawyer Dismisses Ripple v SEC Delay Fears Growing optimism surrounds the XRP legal saga as a legal expert clarified

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Pumpfun reportedly delays token auction to July amid legal troubles

Leave a Comment / DeFi, Featured, Legal, Memecoins, Tokens / best time

Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20. Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The

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Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

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Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender. According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan. The

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Tether Aids 5M Seizure in US Secret Service’s Largest Crypto Bust Ever

Tether Aids $225M Seizure in US Secret Service’s Largest Crypto Bust Ever

Leave a Comment / DOJ, Legal, Tether (USDT), United States US / best time

The U.S. Secret Service shattered records with a $225 million crypto seizure, spotlighting Tether’s role in dismantling global digital asset fraud at scale. US Secret Service Achieves Largest $225M Crypto Bust With Tether’s Support Digital asset firm Tether announced on June 18 that the United States Department of Justice (DOJ) has recognized its cooperation in

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Ripple v SEC Ruling Over XRP May Drop Faster Than Expected, Lawyer Says

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Ripple’s battle with the SEC over XRP inches closer to resolution as a swift ruling looms, potentially clearing hurdles for settlement and dramatically reshaping crypto regulation. Lawyer Signals Fast Ruling: Judge Torres May Move Quickly in Ripple v SEC Case Over XRP Lawyer Bill Morgan has provided an in-depth analysis of the ongoing litigation between

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Ford explores decentralized legal data storage on Cardano blockchain

Leave a Comment / Adoption, Cardano, Ford, Iagon, Legal, Technology / best time

Ford Motor Company, a Fortune 500 company, has joined forces with Iagon and Cloud Court to launch a proof-of-concept (PoC) focused on decentralized legal data storage, according to a June 18 announcement. The project, built on the Cardano blockchain, will test decentralized solutions for managing sensitive legal records across large organizations. Following the news, Iagon’s

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