U.S. District Court for the District of Columbia Judge Amy Berman Jackson issued a memorandum opinion on the 13 charges in the SEC's civil complaint against Binance. Business 20 June 2024 MAGA-fueled PR campaign against Tether raises eyebrows as to what’s next A press release hailed the...
On March 22, the SEC submitted to the Court their request for remedies against Ripple for its historic Institutional Sales of XRP. The SEC has asked the court for ~$2B which comprises: (1) ~$900M in disgorgement; ~$200M in prejudgment interest on the disgorgement request; and (2) ~$...
Coinciding with the court filing, SEC Chair Gary Gensler delivered aspeechat a Columbia Law School Conference. Chair Gensler discussed the crypto market and the need to register with the SEC at the end of a prepared speech, saying, “There are participants in crypto securities markets that seek...
But according to an analysis provided by the judge assisting in the discovery and mediation process, Ripple may have won a critical legal battle. Judge Sarah Netburn of the Southern District Court in New York appears to hold the stance that XRP is a cryptocurrency, not a security. As well,...