Binance Challenges SEC, Files Motion to Dismiss Amended Crypto Lawsuit
#Binance and CEO Changpeng Zhao challenge the #SEC’s revised #lawsuit, spotlighting inconsistencies in #cryptosecurities classifications. #moneylaundering #Cryptoregulations
#Binance and CEO Changpeng Zhao challenge the #SEC’s revised #lawsuit, spotlighting inconsistencies in #cryptosecurities classifications. #moneylaundering #Cryptoregulations
Bitnomial secures $25M led by #RippleLabs, launching Botanical, a regulated U.S. perpetual futures trading platform. #crypto #XRP
Changpeng Zhao, ex-Binance CEO, moves to a halfway house. Release set for Sept 29 amid ongoing legal battles. #Binance #CryptoNews
Federal judge orders #SEC to pay $1.8M in fees after dropping #DebtBox case, with $1M for attorneys and $750K for receivers. #LegalUpdate #RegulationNews
Coinbase has filed an amicus brief in support of Ripple, joining a host of other crypto-friendly firms. Read CNL for more.
A complaint has been filed in Singapore against Do Kwon, the co-founder of Terraform Labs who may be subject to legal action in South Korea and the US.
Coin Center sued the US Treasury for exceeding its authority under both laws and regulations in regard to Tornado Cash’s sanctions.
Ripple continues to gain strength as Judge Torres has allowed three third parties to join the lawsuit, with two being on Ripple’s side.
Fox Journalist Eleanor Terrett said there are conflicts of interest in the SEC over the XRP lawsuit. Source of Terrett said Bill Hinman pushed the case, despite the SEC and Ripple being willing to settle. Atty. John Deaton was positive that they’ll get an investigation after midterms. The SEC vs Ripple’s XRP lawsuit once again built a commotion on Twitter, as Journalist Eleanor Terrett of Fox Business said there are “definite conflicts of interest” and a need to put an investigation over SEC members then and now. The commotion began after Bill Hinman, former director of the SEC’s Division of
Kim Kardashian faces lawsuit for endorsing a crypto token. The token in question is EthereumMax (EMAX). Floyd Mayweather Jr and Paul Pierce also face the same lawsuit. Celebrity Kim Kardashian along with Boxing Star Floyd Mayweather Jr, and NBA player Paul Pierce are facing a lawsuit for endorsing a crypto token. The lawsuit is filed in the Los Angeles federal court. In detail, all three promoted the crypto token called EthereumMax (EMAX). To highlight, in June 2021, Kim Kardashian made a crypto-related post on Instagram. While the post did come with a disclaimer saying ‘this is not financial advice’, it