Legal

Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.

SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
The date for the court hearing is much earlier than expected, prompted by a "creative" defense tactic by Coinbase – it filed its response 40 days before the deadline of August 7, 2023.

Crypto Community Donates $1M to Sleuth ZachXBT After Defamation Lawsuit
Backers include the likes of prominent crypto businesses and personalities such as Binance, CertiK and Justin Sun, among others.

OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.

Ripple, SEC Seem to Agree About Not Taking Hinman Speech Seriously
SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.

XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view.

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
The political movement to use state commerce rules to stop central bank digital currencies is based in legal nonsense that has no power to ban anything, experts contend.

Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
The exchange’s chief legal officer, Marco Santori, said the regulators must leave the big questions for Congress, and lawmakers are showing they’re moving forward on crypto.

