The SEC claimed "attorney-client privilege" and "deliberative process privilege" to keep the Hinman docs from Ripple, but Judge Torres has ruled against it.
Sparkster sold millions of SPRK tokens back in 2018 and raised $30 million, with influencer Ian Balina purchasing millions of tokens and then promoting them.
The chamber has requested to file an amicus brief in the Ripple case, and while it’s doubtful if XRP is a security, it called for clear and consistent laws.
Satish Kumbhani, co-founder of BitConnect, plunged into deeper trouble as Indian police put him under investigation over a $2.4 billion scam that could land him 70 years in jail if proven guilty.
Ishan Wahi is alleged to have shared with his brother and a friend tokens that were to be listed on Coinbase, with the three earning $1.5 million from this.
SEC argued that Hinman’s speech was a personal errand while also claiming he received legal counsel from SEC lawyers, and Judge Netburn isn’t impressed.
The SEC continues to crack down on individuals and enterprises associated with the blockchain and digital currency space.
Three individuals connected to Long Blockchain Corp—formerly known as Long Island Iced Tea—have been charged by the SEC for insider trading.
The SEC has delayed its decision on the VanEck BTC Trust–a BTC ETF–by 45 days and is looking for public comments on the matter.
The U.S. District Court in California has rejected AML Bitcoin’s attempt to have the Securities and Exchange Commission's (SEC) case against it thrown out.
Ripple's CEO Brad Garlinghouse has answered what he calls " five (5) key questions" about the Ripple vs. the SEC lawsuit.