Coinbase shares dip as court sides with SEC in ongoing legal battle

Coinbase Chief Legal Officer Paul Grewal said the exchange had anticipated that the Court would allow the US Securities and Exchange Commission (SEC) case against it to proceed. Grewal made the statement in a March 27 post on social media platform X after Judge Katherine Polk Failla ruled that the Commission had “sufficiently pleaded” its… Continue reading Coinbase shares dip as court sides with SEC in ongoing legal battle

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move forward.

US Senate candidate John Deaton demands SEC Gary Gensler’s resignation over political bias

US Senate candidate John Deaton has called for the resignation of Gary Gensler , the current Chairman of the Securities and Exchange Commission (SEC). In an extensive March 26 post on X (formerly Twitter), Deaton said Gensler should resign because the SEC under his leadership “has forgotten, or intentionally abandoned, its primary mission in protecting… Continue reading US Senate candidate John Deaton demands SEC Gary Gensler’s resignation over political bias

SEC reveals why Ripple should be fined for $2 billion

The US Securities and Exchange Commission (SEC) has detailed the rationale behind its insistence that crypto company Ripple should be fined roughly $2 billion in a March 25 court filing . Ripple’s top brass, including CEO Brad Garlinghouse and CLO Stuart Alderoty, had previously hinted at the SEC’s forthcoming move. They said that redacted versions… Continue reading SEC reveals why Ripple should be fined for $2 billion

Grayscale executive sees path to Ethereum ETF approval despite SEC silence

Craig Salm, the Chief Legal Officer at Grayscale , suggested that the US SEC’s “perceived lack of engagement” with spot Ethereum exchange-traded funds (ETFs) applicants wouldn’t be a decisive factor that would hinder the prospects of such products. In a March 25 post on X (formerly Twitter), Salm said the Ethereum ETFs would be approved… Continue reading Grayscale executive sees path to Ethereum ETF approval despite SEC silence

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.

DeFi Education Fund files lawsuit to exempt airdrops from SEC’s securities classification

The DeFi Education Fund, a crypto advocacy group, and Texas-based apparel company Beba LLC have jointly initiated legal proceedings against the US SEC to clarify the status of airdrops as non-securities offerings. The March 25 court filing emphasized the need to halt the SEC’s regulatory actions , which the two entities perceive as an overreach… Continue reading DeFi Education Fund files lawsuit to exempt airdrops from SEC’s securities classification

Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.

What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)

The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered questions abound.

Why the SEC Shouldn’t Classify ETH as a Security

Reports suggest the SEC may be about to categorize ETH as a security, with huge implications for the blockchain’s future. Here’s why the SEC would be wrong.