SEC

In his prepared testimony for a U.S. House Committee on Financial Services hearing on 27 September 2023, Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), provided a comprehensive outline of his views on the regulation of cryptocurrencies. Crypto Assets and U.S. Securities Laws Gensler was clear in stating that cryptocurrencies should not […]

On 21 September 2023, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), was interviewed by Kailey Leinz on Bloomberg TV. During the conversation, Gensler touched upon several critical issues, including the potential impact of a government shutdown on market oversight, the SEC’s stance on regulating the cryptocurrency space, and the ongoing […]

On 21 September 2023, On 16 July 2023, Marc Fagel, a Lecturer at Stanford Law School and a former Regional Director (San Francisco Regional Office) at the U.S. Securities and Exchange Commission (SEC), talked about the primary reason behind the SEC’s decision to seek permission for an interlocutory appeal in the Ripple lawsuit (which was initiated […]

Brad Garlinghouse, the CEO of FinTech firm Ripple Labs, has openly criticized the U.S. Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler. While speaking at Messari’s Mainnet 2023 event (September 20 – 22, 2023, New York City), Garlinghouse labeled Gensler as a bully, accusing him of prioritizing power and politics over effective regulation. […]

The U.S. Securities and Exchange Commission (SEC) is sending a clear message to the cryptocurrency industry: increased regulatory scrutiny is coming. According to a recent report by CoinDesk, David Hirsch has indicated that the agency is actively monitoring several businesses in the crypto space. These businesses include both centralized exchanges like Coinbase and Binance, as […]

On July 13, 2023, District Judge Analisa Torres of the United States District Court for the Southern District of New York issued a complex ruling in the SEC vs Ripple Labs lawsuit. Initiated in December 2020, the SEC accused Ripple Labs and its top executives, Bradley Garlinghouse and Christian A. Larsen, of allegedly unlawful offering […]

On September 13, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Stoner Cats 2 LLC (“SC2”) for conducting an unregistered offering of crypto asset securities in the form of NFTs. In a press release issued earlier today, the SEC says these securities were in the form of non-fungible tokens (NFTs), which […]

During his visit to Singapore for TOKEN2049, Ripple CEO Brad Garlinghouse sat down with Bloomberg reporter Annabelle Droulers to discuss a range of topics, including Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), the company’s international expansion, and the broader state of the cryptocurrency industry. Garlinghouse expressed frustration with the SEC’s […]

The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, initiated in December 2020, has taken another significant turn. District Judge Analisa Torres of the United States District Court for the Southern District of New York issued a mixed ruling on July 13, 2023. The SEC had accused Ripple and […]

Popular pseudonymous crypto analyst “CryptoWendyO“, who is the founder of CryptoWendyO Media, recently dissected the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs. She highlighted the case’s broader implications, not just for Ripple and its native token XRP, but for the entire cryptocurrency market. “Wendy O” (aka “Crypto Wendy”) […]

J.P. Morgan analysts, led by Nikolaos Panigirtzoglou, have reportedly indicated that the U.S. Securities and Exchange Commission (SEC) may soon have little option but to greenlight multiple applications for spot Bitcoin exchange-traded funds (ETFs). This prediction comes on the heels of Grayscale’s recent legal win against the SEC. Nikolaos Panigirtzoglou holds the position of Managing […]

As Ripple prepares for its “community celebration” on September 29 in New York City, speculation has been rife about whether the event will feature significant announcements like an IPO or a full settlement with the U.S. Securities and Exchange Commission (SEC). John Deaton, an American who has been closely monitoring the SEC v. Ripple Labs […]

On September 1, 2023, Anthony Pompliano, the founder and partner of Pomp Investments, appeared on CNBC’s “Squawk Box” to discuss various topics, including the recent Court of Appeals ruling in favor of Grayscale Invetsments and the Securities and Exchange Commission’s (SEC) delay in making a decision on spot Bitcoin ETF applications. Pompliano wasn’t surprised by […]

On 1 September 2023, Ripple Labs Inc. filed its opposition to the U.S. Securities and Exchange Commission’s (SEC) Motion to Certify Interlocutory Appeal. This move comes as the latest chapter in the ongoing SEC v. Ripple Labs lawsuit, initiated in December 2020. Ripple’s Memorandum of Law in Opposition to Plaintiff’s Motion to Certify Interlocutory Appeal […]

On 31 August 2023, the U.S. Securities and Exchange Commission (SEC) announced a delay in its decision-making process for seven spot Bitcoin ETF proposals. The regulatory body is currently navigating through a multitude of new applications. The decision deadlines for a range of funds, including BlackRock’s iShares Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Trust, VanEck […]

The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision-making process for seven spot Bitcoin ETF proposals. The regulatory body is currently navigating through a multitude of new applications. The decision deadlines for a range of funds, including BlackRock’s iShares Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, WisdomTree […]

On July 13, 2023, District Judge Analisa Torres of the United States District Court for the Southern District of New York delivered her verdict in the legal battle between the SEC and Ripple Labs, initiated in December 2020. The U.S. Securities and Exchange Commission had initiated legal proceedings against Ripple Labs and its top executives, […]

Despite the ongoing legal complexities with the U.S. Securities and Exchange Commission (SEC), Ripple Labs and its CEO, Brad Garlinghouse, have announced a “community celebration” for September 29 in New York City. While the event is being touted as a “proper victory party,” it’s important to note that the legal skirmish is far from over. […]

On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based media and entertainment company, for conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). The company had sold nearly $30 million worth of NFTs, promising buyers that the tokens […]

The SEC v. Ripple Labs lawsuit has been a significant legal battle in the crypto world. On July 13, 2023, Hon. Analisa Torres, a district judge at the United States District Court for the Southern District of New York, delivered a complex ruling in the case, which was initiated in December 2020. The SEC had […]

The legal battle between the SEC and Ripple Labs has seen significant developments, with insights provided by Marisa Tashman Coppel, Senior Counsel at Blockchain Association, on X (formerly known as Twitter) on 22 August 2023. Her tweets shed light on recent rulings by Judge Torres and Judge Rakoff of the U.S. District Court for the […]

The legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) continues to unfold, with both parties recently informing Judge Analisa Torres about their availability for the upcoming trial. Scheduled to take place in the second quarter of 2024, the trial aims to resolve the lawsuit initiated by the SEC against […]

Fred Thiel, Chairman and CEO at Marathon Digital Holdings (NASDAQ: MARA), expressed his optimism in a recent interview with Decrypt regarding the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Here’s a breakdown of what Thiel shared with Decrypt: Thiel’s Optimism About Bitcoin ETF Approval: Thiel […]

In the ongoing saga between U.S. Securities and Exchange Commission (SEC) and Ripple Labs, John Deaton, a prominent American attorney who is the owner of the Deaton Law Firm (which is based in East Providence, Rhode Island) and who has been closely monitoring the lawsuit, recently shed light on a potential misstep by Ripple that could […]

Introduction On 21 August 2023, John Deaton, a prominent American attorney who has been closely observing the SEC v. Ripple lawsuit since its inception in December 2020, expressed his concerns regarding the SEC’s approach to cryptocurrency litigation. In a post on X (previously Twitter), Deaton delved into the SEC’s inconsistent arguments and its handling of […]

What Did Judge Torres’ July 13th Ruling Say? On 13 July 2023, Hon. Analisa Torres, a district judge at the United States District Court for the Southern District of New York, gave her ruling in the SEC vs Ripple Labs lawsuit, which was initiated in December 2020. The U.S. Securities and Exchange Commission (SEC) had filed a lawsuit […]

In a significant development on 13 July 2023, Hon. Analisa Torres of the United States District Court for the Southern District of New York delivered her ruling on the lawsuit initiated by the SEC against Ripple Labs and its two senior executives, Bradley Garlinghouse and Christian A. Larsen, in December 2020. The SEC claimed that […]

Brooke Masters, the US Financial Editor at Financial Times (FT), recently expressed concerns over the US Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation. In her FT opinion piece, Masters dived into the historical context of financial regulation in the US, highlighting the SEC’s primary role in safeguarding investors from potential fraud and ensuring […]

In a recent development in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Ripple’s CEO, Brad Garlinghouse, has expressed his frustration and vehemently countered the SEC’s allegations. The core of the dispute revolves around the SEC’s claim that Ripple and its senior executives, including Garlinghouse and Ripple Co-Founder […]

In a significant legal development from July 13, 2023, the U.S. Securities and Exchange Commission (SEC) faced a mixed outcome in its lawsuit against Ripple Labs Inc. and its top executives, Bradley Garlinghouse and Christian A. Larsen. The lawsuit, initiated in December 2020, alleged that Ripple and its leaders had unlawfully offered and sold XRP […]