Sat, April 20

U.S SEC Fights Back; Files Interlocutory Appeal in Ripple Lawsuit

After the partial win against the United States Securities and Exchange Commission (SEC), the crypto firm Ripple had seen a market surge with a positive impact. The SEC said that it will be seeking an interlocutory appeal, which is a review of a judgment prior to the full trial’s conclusion. 

August 10, 2023 2 mins read

Bittrex Files for Chapter 11 Bankruptcy After SEC Legal Battle

The Bittrex Crypto Exchange officially filed for bankruptcy. This occurs just over a month after the Security Exchange Commission (SEC) charged Bittrex with repeatedly breaking security regulations.  In a filing submitted on May 8 to the United States Bankruptcy Court for the District of Delaware, Bittrex reported that it has

May 9, 2023 1 min read

BlockFi Bankruptcy Filing Reveals an Unsettled $30M to SEC

This year, the cryptocurrency markets went through a lot of turmoil, which affected the value of the tokens. Also, prominent crypto platforms faced several investigations by the Securities and Exchange Commission (SEC). As BlockFi is one of the biggest creditors to the US SEC.  After a string of failures in

November 29, 2022 1 min read

Kim Kardashian Sued for EthereumMax, Pays $1.26M Fine

The crypto industry has many vital technologies such as the blockchain technology and many more, in order for it to prevail. However, there’s also one major attribute that is indeed responsible for nearly 85% of the complete business involved with crypto, and that is advertising and marketing.   Advertising and marketing

October 3, 2022 2 mins read

Sparkster Will Compensate Harmed Investor Fund With $35 Million

Sparkster and its CEO, Sajjad Daya, have reached an agreement with the SEC. Sparkster has been ordered by the SEC to pay $35 million into a fund for distribution to harmed investors. The Securities and Exchange Commission (SEC) issued a cease-and-desist order against Cayman Islands-based software company Sparkster and its

September 20, 2022 1 min read

SEC Making Every Attempt to Limit Ripple’s Testimonies

SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request

August 26, 2022 2 mins read

Ripple Claims First Winning Against SEC

Defense lawyer James Filan won the attorney-client privilege argument.  SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to

July 13, 2022 2 mins read

Celsius Surrounded by 4 Separate Jurisdiction Regulators Amid Insolvency

The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating Celsius in four separate jurisdictions for blocking consumer accounts due to solvency issues. As a result of Celsius’ decision to restrict client money withdrawals, regulators

June 17, 2022 1 min read