lawsuits


Finance

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

Gavel striking a block against a background of a U.S. dollar bill

Finance

FTX Can Start Mediation, File Counterclaims in BlockFi Bankruptcy Case, Judge Rules

BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.

BlockFi CEO Zac Prince (right) (Danny Nelson/CoinDesk)

Finance

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.

(QuinceCreative/Pixabay)

Policy

Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says

The SEC pushed back against Binance's motion to dismiss its lawsuit in a new filing.

SEC Enforcement Director Gurbir Grewal (right) (Nikhilesh De/CoinDesk)

Policy

Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing

The lawsuit claims former colleagues took control of Armstrong's account on X.com "for the express purpose of publicly harassing, embarrassing, and intimidating" him.

Ben Armstrong (Ben Armstrong/YouTube)

Finance

Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November.

Credit: Shutterstock

Policy

SEC Hasn't Met Requirements to Argue for an Appeal, Ripple Says

Ripple opposed the SEC motion to try and appeal a federal judge's ruling in its case against the crypto company from July.

SEC Chair Gary Gensler and Ripple CEO Brad Garlinghouse (Kevin Dietsch/Getty and Scott Moore/Shutterstock/CoinDesk)

Policy

XRP Ruling Needs Appeals Court Review, SEC Says

A judge allowed the SEC to file for the appeal.

Ripple CEO Brad Garlinghouse (Scott Moore/Shutterstock/CoinDesk)

Policy

SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules

A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.

Ripple CEO Brad Garlinghouse  (Scott Moore/Shutterstock/CoinDesk)

Policy

Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight

The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.

Coinbase CEO Brian Armstrong (CoinDesk archives)