Securities and Exchange Commission

Magistrate Judge Netburn sets deadlines in Ripple vs. SEC battle. Ripple contests $2B penalty, seeks fair adjudication. Crypto industry watches closely as Netburn navigates the case's complexities.

Judge Sarah Netburn sets deadlines for Ripple's SEC motion. Expert opinions crucial. Netburn's role under scrutiny amid Ripple lawsuit. Community praises transparency. Future as federal judge anticipated.

SEC likely to reject spot Ethereum ETFs, contrasting with Bitcoin ETF approvals. Lack of engagement and concerns about market data quality cited. VanEck CEO expects initial rejection for both VanEck's and ARK Invest's applications.

DOJ recommends 3-year prison for CZ amidst Binance legal woes. CZ's team argues against prison, suggests probation. CZ expresses remorse in letter to judge, receives support from sister and Binance co-founder. Legal saga highlights complexities in crypto regulation.

DOJ pursues CZ with 3-year prison term and $50M fine. CZ defends, seeks probation. Legal battle ensues over Binance's alleged illicit activities.

Ripple challenges SEC's expert materials, citing untimely disclosure and "sandbagging" tactics. Alleges violation of procedural rules and requests striking of Andrea Fox's declaration. Discussions lead to proposed timeline for submissions and responses.

SEC pursues Terraform Labs & Do Kwon, seeks $5.2B penalty. Kwon fights back with $3.5M & $800K counter. SEC aims to oust Kwon, prevent future violations. Legal battle ensues amidst ongoing drama.

Ripple counters SEC's $2 billion demand with $10 million proposal. Binance settles for $4 billion, CEO pleads guilty.

Ripple contests SEC's hefty $2 billion fine with a proposed $10 million settlement, emphasizing compliance changes and lack of investor harm.

SEC attorneys Michael Welsh and Joseph Watkins resigned after mishandling a crypto case and facing severe criticism and sanctions from Judge Robert Shelby for misrepresentations and errors.