Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
Litigation
Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
The key witness this week was former FTX engineering chief Nishad Singh. Subsequent witnesses called by the prosecution were less relevant, earning them a ticking-off from the Judge.
As the Binance vs SEC hearing lumbers on, the parties struggle to agree on discovery requests and dispositions, and Circle was admitted as a 'friend of the court'.
The key witness this week was former FTX engineering chief Nishad Singh. Subsequent witnesses called by the prosecution were less relevant, earning them a ticking-off from the Judge.
As the Binance vs SEC hearing lumbers on, the parties struggle to agree on discovery requests and dispositions, and Circle was admitted as a 'friend of the court'.
Another week of the Sam Bankman-Fried trial has passed. All eyes were on star witness Caroline Ellison, who claims that there was indeed a fraud and blames Bankman-Fried for setting it all up.
In another victory for Ripple, a federal judge has dismissed the SEC's appeal request, paving the way for a final trial in April. Ripple has also recently secured a Singapore license, solidifying its commitment to the Asia Pacific expansion.
Today, on October 4th, SBF will spend his first day in court almost one year after FTX collapse. He faces seven charges and if found guilty might spend his whole life in prison.
The regulator’s second legal action against an NFT collection seemingly targets any use of blockchain technology by artistic endeavors, casting a shadow of uncertainty over all such projects.
