Ripple v. SEC court case update as of April 26, 2024

finbold.com As the cryptocurrency community awaits the final outcome of the legal battle between the United States Securities and Exchange Commission (SEC) and blockchain company…

XRP News: Whales Shift 180M XRP As Judge Unveils New Order In Ripple Lawsuit

coingape.com Amid a glimmer of hope in XRP’s price trajectory, recent whale activities have set the cryptocurrency market abuzz. The transfer of over 180 million XRP tokens in a series…

Ripple vs. SEC: Judge Netburn Advances XRP Lawsuit with New Scheduling Order

coinpedia.org Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a…

Popular fast food chain files bankruptcy as it faces lawsuits

thestreet.com The restaurant industry continues navigating through the aftermath of the Covid-19 pandemic, as many fast-food and fast-casual chains battle financial distress related to…

Who Is Sarah Netburn? Industry Execs Hail Nomination To District Court

coingape.com United States Magistrate Judge Sarah Netburn was nominated as the District Judge in the Southern District of New York. The news has sparked wide support from many within the…

Ripple vs. SEC: New Scheduling Order Issued by Judge Netburn

coingape.com Magistrate Judge Sarah Netburn has issued a scheduling order in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The order…

Accomplice William Morro Arrested And Charged In OneCoin Crypto Fraud Case

cryptonews.com William Morro, an accomplice in the OneCoin crypto fraud scheme, was arrested and charged on April 23 by the United States Department of Justice for his role in the…

2 founders of a crypto mixer charged with laundering funds from the dark web

aol.com None The cofounders of crypto mixer Samourai Wallet were charged with money laundering. • None The service anonymized hundreds of millions of dollars for dark web criminals,…

‘Privacy Is Not a Crime’

news.bitcoin.com On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money…

Sam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture

techcrunch.com Sam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture Sam Bankman-Fried, the co-founder and former CEO of crypto…

Ripple vs SEC: How Sarah Netburn’s Nomination Could Shape the Outcome

coinpedia.org Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.…

Federal Prosecutors Charge Samurai Wallet Founders with Money Laundering

financemagnates.com Federal prosecutors have charged Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering yesterday (Wednesday), marking…

Pro-Crypto Sarah Netburn Gets Nominated As District Judge, Good News For Ripple?

coingape.com Magistrate Judge Sarah Netburn has been nominated as the District Judge at the Southern District of New York. She is currently presiding over the Ripple vs SEC case. This…

U.S. DOJ Cracks Down on Samourai Wallet for Alleged Money Laundering

coinpedia.org The post U.S. DOJ Cracks Down on Samourai Wallet for Alleged Money Laundering appeared first on Coinpedia Fintech News Samourai Wallet developers released a beta version in…

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

cnbc.com JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms,…

Samourai Wallet Founders Arrested and Charged With Money Laundering

coindesk.com Federal prosecutors charged Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S.…

The State Of Things: Open Source Developers Arrested For Writing Code

bitcoinmagazine.com In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet, I believe it is important for Bitcoiners…

William Morro Charged in OneCoin Fraud, Pleads Guilty

coingape.com William Morro has been arrested and charged by the United States Justice Department in relation to the OneCoin cryptocurrency scheme. Based on the filings on April 23 in the…

Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering

bitcoinmagazine.com In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been…

Founders And CEO Of Cryptocurrency Mixing Service Samouri Wallet Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses

justice.gov Damian Williams, the United States Attorney for the Southern District of New York; Thomas Fattorusso, the Special Agent in Charge of the New York Field Office of the…

The Gateway Pundit, Infamous Conspiracy Blog, Declares Bankruptcy After Suit From Election Workers

mediaite.com AP Photo/Evan Vucci The founder of the Gateway Pundit, the infamous conspiracy theory site, announced on Wednesday that the company had declared bankruptcy. Jim Hoft…

Prosecutors charge another person for their role in the OneCoin scheme

theblock.co Another person involved in OneCoin has been arrested, according to court documents filed in the Southern District of New York.

Florida man gets 4 years in prison for laundering romance scam proceeds

cbsnews.com Romance scams landed a Florida man in prison for four years. Niselio Barros Garcia Jr., 50, of Winter Garden, was sentenced to 48 months in federal court on Tuesday for his…

Terraform Labs Faces $5.3 Billion Fine for Misleading Crypto Investors

cryptotale.org The SEC proposed a $5.3 billion fine against Terraform Labs and its co-founder, Do Kwon, following their involvement in misleading investors during the 2022 Terra-Luna…

Trump's hush money case isn't a mafia trial. Here's why it feels like one

msnbc.com First thing Thursday morning, a woman identified only as Juror No. 2 told Judge Juan Merchan that, upon reflection, she feared she could no longer be an impartial…

Luxury appliance retailer files Chapter 7 bankruptcy to liquidate

thestreet.com Several significant retailers have already marched to bankruptcy court in 2024 after several others filed in 2023. Family Dollar, The Body Shop and Joann Fabrics all filed…

Hochul rips Trump on abortion rights

politico.com With help from Shawn Ness New from New York Happening now: Gov. Kathy Hochul knocks Trump on abortion rights. Lawmakers leave, again, without a budget deal. Randall’s Island…

Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case

cryptonews.com Terraform Labs and its founder, Do Kwon, are facing hefty financial trouble after the United States Securities and Exchange Commission (SEC) filed a motion on April 19,…

Sam Bankman-Fried Agrees To Cooperate in the Investigation of Celebrities Who Promoted FTX

dailyhodl.com Imprisoned FTX founder Sam Bankman-Fried has agreed to cooperate against other defendants in FTX civil litigation. The disgraced former crypto executive has faced civil…

Could Esienberg commodities conviction be smoking gun for Coinbase against SEC?

cryptoslate.com Could a recent US criminal court case involving digital assets trading be helpful to Coinbase in its defense against the SEC? Last week, Avraham Eisenberg was convicted in a…

SEC seeks $5.3 billion from Terraform Labs and Do Kwon

coinjournal.net The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for…

SEC Seeks a Total of $5.3 Billion from Terraform Labs and Do Kwon

financemagnates.com The Securities and Exchange Commission (SEC) of the United States is seeking $4.7 billion in disgorgement and prejudgment interest from bankrupt Terraform Labs and its…

SEC Seeks $5.2B Penalties from Terraform and Do Kwon

coingape.com The United States Securities and Exchange Commission (SEC) is seeking to impose substantial monetary penalties on Terraform Labs and its co-founder, Do Kwon, following a…

FTX Investors Settle with Bankman-Fried, Target Celebrity Promoters Next

tftc.io A group of investors and customers of the defunct cryptocurrency exchange FTX has reached a settlement with co-founder Sam Bankman-Fried. If approved by a judge, the…

‘Not Just False

mediaite.com CNN called out former President Donald Trump’s courthouse rant seconds after it ended, with one analyst calling his claim about President Joe Biden “not just false —…

Jailed FTX founder Sam Bankman-Fried turns on his celebrity endorsers including Tom Brady, Gisele Bundchen and

dailymail.co.uk Fallen cryptocurrency wunderkind Sam Bankman-Fried, who is currently serving a 25-year prison sentence following a sweeping fraud case, has agreed to cooperate in a…

Here’s Why Today is Important in the SEC v. Ripple Case

thecryptobasic.com The multi-year legal tussle between the U.S. SEC and Ripple is approaching a final resolution as the remedies stage of the lawsuit edges close to an end. According to the…

FTX investors cut deal with Sam Bankman-Fried to target celeb promoters

cryptobriefing.com FTX investors have finalized an agreement with the exchange’s former CEO, Sam Bankman-Fried, to end their legal disputes in exchange for his cooperation in their lawsuits…

Filing: a group of FTX investors and customers agree to drop their claims against SBF if he cooperates in cases against celebrities and others who pushed FTX

bnnbloomberg.ca A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a…

NFT sales decline fourth consecutive week amid surging crypto trading volumes

dlnews.com NFT sales decline amid soaring crypto trading volumes NFT sales volume marked another week-on-week decline on Friday with an almost 14% drop, Bitcoin.com reported. The…

Coinbase Board Member Kathryn Haun to Step Down

cryptonews.com Kathryn Haun, a former Assistant U.S. Attorney and partner at Andreesen-Horowitz, has announced plans to step down from Coinbase’s board. Haun has been a board member of…

Jane Street Strategy in Millennium Suit Involved India Trading, Hearing Reveals

finance.yahoo.com The allegedly secret trading strategy over which Jane Street Group is suing two former traders and Millennium Management involves options trading in India, lawyers…

FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

cryptoslate.com FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, under a…

New York Judge Sets Hearing for Fubo, Fox-Disney-WBD Sports Streaming Legal Fight

thewrap.com A preliminary injunction hearing for Fubo’s legal battle against Fox, Disney and Warner Bros. Discovery’s sports streaming joint venture has been set for Aug. 7 at 9:30 a.m.…

Chicken Soup for the Soul Entertainment Sued Over Redbox Acquisition by Consultant Who Claims He’s Owed Several Million Dollars

variety.com A media consultant sued Chicken Soup for the Soul Entertainment, alleging he is owed “at least several million dollars” for work he did related to the company’s $370 million…

Inside Alvin Bragg’s All-Star Prosecution Team

vanityfair.com Alvin Bragg is the Manhattan district attorney. He’s the boss and makes the big decisions, and thus has been receiving the bulk of the abuse from Donald Trump. But Bragg…

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation

coindesk.com Eisenberg was arrested in Puerto Rico in December 2022 and charged with commodities fraud, commodities manipulation, and wire fraud for the scheme. He will be sentenced on…

SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

cryptoslate.com The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the…

BNP Paribas must face lawsuit over Sudanese genocide, US judge rules

aol.com BNP Paribas was ordered by a U.S. judge on Thursday to face a lawsuit accusing the French bank of helping Sudan's government commit genocide between 1997 and 2011 by…

Eisenberg convicted of fraud in $110m Mango Markets exploit in a blow to DeFi

dlnews.com A federal jury convicted crypto trader Avraham Eisenberg of fraud and market manipulation Thursday for his $110 million exploit of Solana-based DeFi protocol Mango Markets,…

A state budget in sight

politico.com With help from Shawn Ness New from New York Happening now: The budget end is nearing, but probably not until the weekend. The Indian Point owner is suing over being blocked…

Trader convicted of Mango Markets fraud in first U.S. crypto manipulation case

theglobeandmail.com A cryptocurrency trader was convicted of fraud on Thursday, after prosecutors accused him of stealing about $110 million by rigging the Mango Markets exchange. Jurors in…