Coinbase seeks to join Ripple’s legal fight against the SEC
United States-based crypto exchange Coinbase has become the latest organization to stand behind Ripple Labs in its legal battle against the Securities and Exchange Commission (SEC), which could wrap up as soon as the first half of 2023. Paul Grewal, Coinbase’s chief legal officer in a series of tweets on Oct. 31 said the exchange […]
Binance wins dismissal of class action over 2018 tokens that tanked
A federal judge has dismissed a class action complaint asserting Binance violated United States securities laws by not registering as a broker-dealer or exchange and sold crypto tokens that were not registered with the U.S. Securities and Exchange Commission (SEC). The original complaint filed in the U.S. District Court for the Southern District of New […]
2022 trial date set for Tether’s accused 'shadow banker' Reggie Fowler
A 2022 trial date has been set for former NFL team owner and alleged “shadow banker” Reggie Fowler. Fowler is the accused operator of the shadow bank to the crypto sector, Crypto Capital which was at the center of controversy in the court case against IFinex Inc — the parent company of crypto exchange Bitfinex […]
John McAfee’s bodyguard pleads not guilty to role in crypto scams worth $13m
A former navy seal and bodyguard to the banged-up abroad McAfee antivirus software founder, John McAfee, has pleaded not guilty to charges alleging he was involved in two wholesale crypto scams that duped investors out of roughly $13 million. Jimmy Gale Watson Jr, the former executive advisor of the “McAfee Team” — a website offering […]
BitMEX executive surrenders in New York, pleads not guilty
Ben Delo, one of the founders and co-owners of embattled crypto derivatives exchange, BitMEX, has surrendered to U.S authorities in New York. According to Bloomberg, Delo was arraigned remotely before U.S Magistrate Judge Sarah L. Cave during a proceeding on March 15. He pleaded not guilty to all charges and was released on a bail […]