US judge allows lawsuit claiming NBA Top Shot NFTs are securities
NEW YORK, Feb 22 (Reuters) – The creator of a marketplace for National Basketball Association Top Shot non-fungible tokens must face a lawsuit claiming the tokens...
Tagged: NRLPA: OLIT
The trade group argues that the US SEC case unfairly labels cryptos as securities
Feb 22 (Reuters) – Cryptocurrency industry association the Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. Securities...
Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Sorry crypto world, but the SEC isn’t backing down on ‘regulation by enforcement’
Feb 8 (Reuters) – For as long as I’ve covered US Securities and Exchange Commission litigation against crypto targets, the industry has harshly criticized the commission...
Delaware Judge Strikes Shareholder Lawyers In Forum Committee
(Reuters) – A jurisdictional puzzle that has recently split federal appeals courts left lawyers for an IT services company in a pretty tight spot this week:...
Co-founder of the NFT platform Blockparty charged with fraud
Dec 7 (Reuters) – The former chief technology officer of Blockparty was arrested on Wednesday after U.S. prosecutors alleged he stole more than $1 million in...
Until Ripple’s decision, the crypto industry will not know the impact of regulatory ownership over LBRY
(Reuters) – Digital media company LBRY Inc claimed in a series of tweets on Monday that the entire cryptocurrency industry is now under threat, after a...
Crypto’s Grayscale Blasts SEC Over ‘Special Harshness’ Against Bitcoin Trading
(Reuters) – Crypto asset manager Grayscale Investments LLC, which manages the world’s largest bitcoin mutual fund, told a federal appeals court on Tuesday that the U.S....
US sues crypto ‘mixer’ to recover $60 million from government
Summary Companies Law firms Penalties imposed in 2020 for allegations of money laundering violations Founder pleaded guilty in related criminal case in DC (Reuters) – The...
Crypto’s Grayscale Blasts SEC Over ‘Special Harshness’ Against Bitcoin Trading
(Reuters) – Crypto asset manager Grayscale Investments LLC, which manages the world’s largest bitcoin mutual fund, told a federal appeals court on Tuesday that the U.S....