Ripple’s XRP Sales Post-2018: Dodging SEC Rules Amid a Brutal Legal Fight Ripple’s legal brawl with the US Securities and Exchange Commission (SEC) over XRP sales feels like a never-ending bear market, but a recent court ruling throws them a bone—though it’s hardly a victory lap. The injunction slams Ripple’s pre-2018 institutional sales as unregistered […]
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Shaquille O’Neal Settles with FTX Customers: A Cautionary Tale for Crypto Endorsements NBA legend Shaquille O’Neal has reached a settlement in a class-action lawsuit filed by customers of the now-defunct cryptocurrency exchange FTX, bringing an end to a legal tussle that had seen lawyers attempting to serve him in creative ways. Shaquille O’Neal settles with […]
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Cardano (ADA), 30 Cryptos Impacted in Coinbase Lawsuit: Here’s List Oregon Attorney General Dan Rayfield has filed a lawsuit against Coinbase, accusing the exchange of facilitating the sale of unregistered securities to Oregon residents. This legal challenge encompasses 31 cryptocurrencies, including Cardano (ADA), Ripple (XRP), and Solana (SOL), marking a significant escalation in regulatory scrutiny […]
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Judge Rejects Coinbase’s Defense, Allowing Investor Lawsuit to Proceed in New York A U.S. federal judge has thrown a wrench into Coinbase’s plans, rejecting the cryptocurrency exchange’s defense that it is not a “statutory seller” under federal law. This ruling allows an investor lawsuit to move forward in New York, alleging that Coinbase sold 79 […]
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