XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
The price surge is consistent with the recent bullish positioning in the options market.
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The price surge is consistent with the recent bullish positioning in the options market.
President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state’s Department of Justice branch.
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was “trying to re-litigate the same issues repeatedly.”
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.
Web3 gaming firm Immutable has been issued a Wells notice by the U.S. Securities and Exchange Commission, the company said in a statement on Friday.
If the company’s case can clear one procedural hurdle, it will have the SEC on its heels in Texas.
A fake SEC tweet briefly roiled the bitcoin market in January. (Nikhilesh De/CoinDesk)
Bitnomial’s action follows a similar suit filed by Crypto.com on Tuesday.
The SEC announced it was filing an appeal last week.