Law Financial News

13.06 / 05:01

business Law Stablecoin Court Terra class action Jump Trading seeks to move Terra class action suit to California

Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern district court in California, arguing that it would significantly speed up legal proceedings.

13.06 / 02:45

Technology Law regulation United Nations UN report highlights ‘serious and urgent’ concerns about AI deepfakes

The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.

13.06 / 01:29

business Law Ripple XRP SEC Court Ripple CEO: Hinman docs are 'well worth the wait'

With just one day until the Hinman documents are due to be unsealed, Ripple CEO Brad Garlinghouse suggests the documents will be “well worth the wait."

12.06 / 22:05

Law Binance regulation SEC Binance.US hires former SEC enforcement official amid lawsuit: Report

United States-based crypto exchange Binance.US has reportedly hired a former enforcement official from the Securities and Exchange Commission (SEC) as part of the legal team to defend itself against allegations of operating as an unregistered securities exchange.

12.06 / 20:31

Law regulation SEC Sec Chair lawmakers Lawmakers introduce bill to remove SEC chair — but do they have the authority?

Members of the United States House of Representatives are pushing for ways to remove Securities and Exchange Commission (SEC) chair Gary Gensler from his position, but the legality may be more complicated than a single piece of legislation.

12.06 / 15:09

Law regulation Court BitGo US court US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital

The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing digital asset custodian BitGo’s case following a dropped acquisition of the firm in 2022.

12.06 / 14:05

Government Law Adoption Bitcoin Elections Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign

Florida Governor Ron DeSantis officially entered the United States presidential race on May 24.

12.06 / 03:09

business Law Adoption SEC security Senate 'Near impossible to know' what is and isn't a security: Mark Cuban on SEC

Billionaire investor Mark Cuban has become one of the latest industry figures to call out the United States securities regulator for purportedly failing to provide cryptocurrency firms with a clear registration process.

10.06 / 05:35

Law CFTC regulation Ooki DAO to shut down after 'precedent setting' court battle with CFTC

A U.S. District Judge has entered a default judgment order that requires Decentralized Organization Ooki DAO to permanently shut down and pay a civil monetary penalty of $643,542.

09.06 / 23:47

Law Binance regulation SEC coinbase exchanges Sec Charges SEC charges against Binance and Coinbase are terrible for DeFi

The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt established financial systems and deliver financial services in a decentralized manner.

09.06 / 22:05

business Law Binance Robinhood SEC coinbase lawsuits Support end Robinhood will end support for 3 tokens named in SEC lawsuits

Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance and Coinbase.

09.06 / 04:53

Law Ripple XRP SEC security Court Lawyers Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

The judges presiding over Coinbase and Binance’s lawsuits will likely watch the results of the SEC v Ripple case closely, crypto lawyers told Cointelegraph.

08.06 / 11:35

Law regulation SEC Court SEC's crypto actions surged 183% in 6 months after the FTX collapse

Cryptocurrency-related enforcement actions undertaken by the United States securities regulator significantly increased in the six months following the bankruptcy of cryptocurrency exchange FTX.

08.06 / 06:09

business Law Binance regulation coinbase us government Bankruptcy lawsuits Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits

Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.

08.06 / 06:03

business Law regulation Court Pump and Dump class action EMAX class action against Kim K and Mayweather is back on, says judge

Celebrity defendants Kim Kardashian and Floyd Mayweather are back on the hook for a class action lawsuit that alleges their improper promotion of the now-defunct crypto token EthereumMax (EMAX).

08.06 / 03:05

business Law Adoption Binance CFTC SEC coinbase Messari Republican crypto bill a ‘10x improvement’ on all others: Messari CEO

Messari CEO Ryan Selkis has praised a newly proposed Republican crypto bill, commenting it is a “10x improvement” on all other crypto bills introduced to the United States Congress so far.

07.06 / 18:39

business Law Binance regulation SEC Binance Coin sec lawsuit Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit

Binance.US removed trading services for several crypto tokens on June 7. The move follows a lawsuit filed earlier this week by the United States Securities and Exchange Commission against Binance entities and thei leadership.

07.06 / 13:39

Government Law Adoption us government ATM Bitcoin Economics of Bitcoin ATM market could hinder wider adoption

As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide.

07.06 / 07:39

Law Adoption regulation SEC Financial Services Future services committee Financial US Financial Services Committee sets date to discuss future of crypto

The United States Financial Services Committee has scheduled a hearing on digital assets to discuss digital assets and provide clarity for the ecosystem.

07.06 / 01:57

business Law Binance regulation SEC coinbase security lawsuits SEC lawsuits squeeze net worths of Coinbase and Binance CEOs

The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator.

06.06 / 21:25

business Law regulation Tether Bitfinex Fraud Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’

Reginald Fowler, a former NFL team owner, has been sentenced to six years of prison for operating as a “shadow bank” to the crypto sector, which involved over $700 million in unregulated transactions over a 10 month timespan in 2018.

Law Financial News

popular questions about Law

What is Law and why is it relevant?

Where can I find the latest updates on Law?

How can I verify the accuracy of information on Law?