The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space. TL;DR While Anthony Scaramucci claims the Ripple lawsuit is over, no official confirmation exists, with experts predicting a settlement. US attorney James Murphy suggests the company is negotiating to vacate Judge...
Ripple v. SEC Lawsuit: Here’s What Happened in January
The SEC now has a pro-crypto Chairman, but the legal battle against Ripple remains ongoing. TL;DR The SEC doubled down on its appeal against the 2023 ruling favoring Ripple, while the non-profit organization Better Markets sided with the regulator, arguing that XRP is a security. With pro-crypto Mark Uyeda replacing...
Crypto Community Protests MIT’s Rehiring of Gary Gensler
Tyler Winklevoss vows Gemini won’t hire MIT graduates as long as Gensler remains, calling his SEC tenure detrimental to the crypto industry. Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught...
Judge Pauses SEC Lawsuit Against Coinbase
Judge Katherine Failla stays SEC lawsuit against Coinbase, permitting an appeal on crypto’s status and unresolved Howey Test controversies. A federal judge has allowed Coinbase to pursue an interlocutory challenge in the Second Circuit Court of Appeals in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing...
