Developers of the controversial Tornado Cash software, under scrutiny for potential involvement in criminal activity, are receiving unexpected support from outside their traditional ecosystem. This comes as a […]
Pennsylvania Lawmaker Proposes Ban on Crypto Trading by Officials
Pennsylvania Representative Ben Waxman has introduced legislation to prohibit elected officials from profiting from cryptocurrency while in office. The bill, HB1812, was introduced following claims of corruption at […]
Beijing Court Sentences Defendant for USDT Money Laundering
A recent ruling by the Beijing Second Intermediate People’s Court highlights China’s continued crackdown on cryptocurrency-related illegal activity. Liu was sentenced to three years and six months in […]
Ripple Appeals Dropped: SEC vs. Ripple Case Nears End
The long-running SEC vs. Ripple lawsuit is nearing resolution as both parties have agreed to drop their appeals and move forward. This decision marks a significant turning point […]
Renmin University Hosts Seminar on Virtual Asset Law
Renmin University’s law school hosted a seminar focused on the legal framework surrounding virtual assets, stablecoins, and RWA tokenization. The event drew nearly 60 industry professionals and academics, […]
Banks Challenge Stablecoin Regulations, Seek Law Amendments
Major US banking organizations have raised concerns about a new cryptocurrency regulation bill signed into law last month. The Guiding and Establishing National Innovation for US Stablecoins Act […]
Do Kwon May Change Plea in Criminal Case This Tuesday
A federal judge is setting a conference for Tuesday, where Do Kwon, co-founder of Terraform Labs, might change his plea in the ongoing legal case against him. The […]
SEC Grants Ripple Unprecedented Exemption for Securities Sales
In a surprising move, the U.S. Securities and Exchange Commission (SEC) granted Ripple an exemption from selling securities to private investors. This decision disregards previous rulings by Judge […]
Ripple and SEC Reach Joint Settlement in Ongoing Lawsuit
Ripple Labs and the Securities and Exchange Commission (SEC) have reached a proposed settlement agreement in their ongoing legal dispute over XRP sales being unregistered securities. The settlement, […]
SEC & Ripple Move Towards Case End: $125 Million Escrow Funds to be Released
The SEC and Ripple have jointly proposed releasing the $125 million escrow funds held in a settlement account. This move comes as the parties prepare to conclude their […]
Judge Torres Expected to Approve Ripple and SEC’s Joint Request, Accelerating Case Resolution
The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) is set for a major turning point as Judge Analisa Torres is likely to approve […]
Ripple Faces Crucial Deadline: SEC’s Appeal Submission Approaches
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) is entering a critical phase. The deadline for the SEC to submit its appeal court […]
Ripple Argues Fungible Crypto Is Not a Security in SEC Dispute
In a recent letter to the U.S. Securities and Exchange Commission (SEC), Ripple, the blockchain company behind XRP, asserts that fungible cryptocurrencies are not securities during secondary transactions. […]
Ripple-SEC Settlement Halted: Court Error Delays Progress
A surprising procedural error has stalled the long-awaited settlement between Ripple and the U.S. Securities and Exchange Commission (SEC). Despite reaching a formal agreement in April, the process […]
Ripple Legal Battle Impacts Cryptocurrency Market: XRP Price Plummets
A significant legal development in the Ripple Labs case has sent ripples through the cryptocurrency market, with XRP prices plummeting after a US court dismissed a proposed settlement […]