Court rules against Coinbase in SEC dispute, affirming exchange and brokerage functions. Partial victory on wallet system claims. Mixed ruling on Staking Program. Next steps include case management plan submission. Edward Snowden warns of potential consequences of SEC actions.
EdmundThe SEC's withdrawal of the DEBT Box lawsuit prompts questions about its crypto regulation approach, urging investors to monitor evolving developments in this dynamic landscape.
Xu LinRevak case shapes Ripple and Coinbase legal battles, influencing crypto regulation in the U.S. Historic references crucial for evolving industry regulations.
Xu LinSEC faces challenges in Coinbase lawsuit hearing as judge questions its test for determining securities. Concerns arise over broad regulatory authority, major questions doctrine, and uncertain case outcome.
EdmundSEC sues Binance, citing similar Terraform Labs case, focusing on unregistered securities offers and sales.
KikyoMere days after Coinbase went on the attack, Bittrex followed suit.
cryptopotatoDay, who spent 15 years at the US DOJ, will supposedly appear as counsel for Binance in its legal battle against the SEC.
cryptopotatoThe suit comes a day after the SEC sued Binance.
OthersWell-known platforms had consistently been coming forward to support the blockchain company by asking for permission to file amicus briefs.
OthersIn both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company's business, operations and compliance efforts throughout the class period.
Cointelegraph