Ripple ‘unlikely to settle’ before US securities regulator trial
In a letter to the judge in the case, both Ripple and the U.S. Securities and Exchange Commission said they “do not believe there is a prospect for settlement at this time.”
In a letter to the judge in the case, both Ripple and the U.S. Securities and Exchange Commission said they “do not believe there is a prospect for settlement at this time.”
The Swiss blockchain technology company is being sued under U.S. securities laws, with investors arguing that the U.S. rules should still apply to the firm’s unregistered digital tokens.
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.
A Coinbase user has initiated a class action suit against the cryptocurrency exchange, seeking recovery for customers who paid commissions for XRP trading.
The U.S. securities regulator has reportedly revealed plans to file a suit against Ripple (the company), its CEO Brad Garlinghouse and founder Chris Larsen.
Germany has passed a new law that legalizes the use of blockchain technology in the securities sector, easing a rule that required the use of paper certificates for all securities transactions.
A U.S. federal court has ordered the company and its founder to pay $700,000 in disgorgement of ill gains and civil penalties.
Ethereum 2.0 has gone live, seemingly without a thought paid to whether the network’s new system falls within the definition of securities for the purpose of the U.S. securities legislation.
Under Clayton’s leadership, the U.S. securities regulator said it witnessed historic productivity and set new records in enforcement actions and monetary remedies.
The U.S. securities regulator has reached a settlement with Seattle-based Unikrn Inc. over allegation it violated securities laws during the 2017 ICO craze.
The regulators consider digitized securities to be a core aspect of their blockchain strategy for Germany in the future.
The SEC is pressing charges including money laundering, wire fraud, and aiding and abetting in an unregistered digital securities sale.