Jed Rakoff News

10.08 / 13:59

UPS CEO JPMorgan Chase pension Pension fund shareholder suit against Dimon, JPMorgan Chase board fails

A federal judge has rejected a case brought forth by shareholders against JPMorgan Chase CEO Jamie Dimon and the bank’s board. They alleged negligence regarding warning signs associated with the bank’s infamous former client, Jeffrey Epstein.

10.08 / 07:43

business Law regulation SEC coinbase Court SEC use of Terraform ruling hints Coinbase dismissal motion attack plan

A recent filing from the United States Securities and Exchange Commission (SEC) in its lawsuit against crypto miner Green United could shed light on how it may approach the case against Coinbase.

09.08 / 22:35

Digital Ripple XRP SEC Terra Usd Ripple Labs US SEC to appeal from Ripple Labs court ruling

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission plans to appeal from a court ruling last month that the sale of the XRP digital token on public exchanges complied with federal securities laws, in a case involving the cryptocurrency company Ripple Labs.

02.08 / 15:31

UPS Ripple XRP SEC Action coinbase Terra Usd show surges Crypto surges and sinks as two New York judges diverge on whether it is a security

A sharp split between two federal judges in New York has boosted and then dragged down cryptocurrency values in recent weeks, as investors look for clarity on a crucial question: Is crypto a security?

01.08 / 18:45

SEC TerraUSD Terra Terraform Labs Lawsuit: Judge Rejects Motion to Dismiss SEC Case

A US Judge has denied Terraform Labs' motion to dismiss a securities fraud lawsuit filed against it by the Securities and Exchange Commission (SEC).

01.08 / 13:21

Ripple SEC coinbase Gemini Luna Some crypto assets are securities, Manhattan judge says, laying the groundwork for appeals showdown

Cryptocurrencies are considered securities regardless of how they are sold, a Manhattan federal judge said in an opinion, allowing the Securities and Exchange Commission to pursue securities charges against Terraform Labs and its founder Do Kwon.

01.08 / 06:25

Digital Ripple XRP SEC Fighting Terraform Labs Luna Terraform Labs must face US SEC fraud allegations, judge rules

Terraform Labs and its founder, Do Kwon, must face fraud allegations brought by the U.S. Securities and Exchange Commission, a federal judge ruled on Monday. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.

01.08 / 00:19

regulation SEC Fraud LUNC Terra Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

A United States Securities and Exchange Commission (SEC) lawsuit against Terraform Labs is set to go ahead after a U.S. judge overseeing the case denied the firm's motion to dismiss on July 31.

28.06 / 21:31

NFT Europe Gaming Cyber Germany launches dog-themed NFTs to fetch cyber talent: Nifty Newsletter, June 21–28

In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of the Faroe Islands. Find out about Hermès latest win in its infringement case against MetaBirkins, and don’t forget this week’s Nifty News, featuring the NFT Web3 card game Gods Unchained being added to the Epic Games store, and why the United States Secret Service created an NFT collection.

26.06 / 18:31

Citi BTC Twitter FIVE Coindesk Southern Bitcoin 2020 Twitter Hack 2020 Twitter Hack Mastermind Gets Five-Year Sentence for Crypto Theft

A culprit in the infamous 2020 Twitter hack who phished thousands of dollars in Bitcoin from Twitter users has been sentenced to five years in prison for his crime, as well as for a separate SIM swapping scheme.

25.06 / 06:51

Law NFT Fashion Crypto Collectibles Judge grants Hermès request to halt all 'MetaBirkin' NFT sales

French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on all "MetaBirkin" non-fungible token sales.

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