lawsuit

In a recent development, Kraken, a prominent cryptocurrency exchange, has formally requested a U.S. court in the Northern District of California to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The exchange…

A ruling on March 18 by Judge Robert J. Shelby penalized the Securities and Exchange Commission (SEC) for its conduct against Debt Box. The firm faced accusations from the SEC of orchestrating a cryptocurrency scheme worth $50 million. The…

In a ground-breaking turn of events, Grayscale Investments, a leading crypto asset manager, has successfully overturned a prior rejection by the U.S. Securities and Exchange Commission (SEC) concerning its Grayscale Bitcoin Trust (GBTC).…

Tornado Cash, a prominent crypto mixing service, has lost its lawsuit against the U.S. government. Last August, the U.S. Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, citing concerns over its potential misuse by…

In an electrifying moment for the cryptocurrency universe, Ripple Labs emerged victorious from a longstanding legal battle with the U.S. Securities and Exchange Commission (SEC). This seismic win comes after a multi-year lawsuit, during…

Cryptocurrency exchange Bittrex has taken a page out of Coinbase’s playbook by filing a motion to dismiss the charges brought against it by the U.S. Securities and Exchange Commission (SEC). In a move that echoes Coinbase’s recent actions,…

The United States District Court for the Eastern District of Texas has granted a motion to dismiss a lawsuit accusing Binance, one of the world’s largest cryptocurrency exchanges, of being involved in an $8 million pig butchering scam. The…