Cryptory.net - The US Securities and Exchange Commission continues its lawsuit against Binance, despite the exchange previously reaching a settlement agreement with the Department of Justice and CFTC.
Cryptory.net - Do Kwon, the founder of Terraform Labs, has received a four-month prison sentence from a Montenegrin court for the act of falsifying documents. This ruling comes as a result of an appeal made by Kwon and his fellow executive, Han Chang-Joon, who were apprehended in March 2022.
Cryptory.net - The cryptocurrency market is currently surging due to both technical and fundamental factors. Technically, the equity market has experienced a strong rally following three months of negative closings. This rally is primarily driven by market participants' anticipation that the Federal Reserve has completed its interest rate hike cycle for the current period.
Cryptory.net - There are indications that the U.S. Securities and Exchange Commission (SEC) is considering a reevaluation of the Grayscale application seeking approval for a spot Bitcoin ETF.
Cryptory.net - The ongoing legal dispute between the SEC and Ripple appears to have no end in sight. In shedding light on the complexities of the case and the forthcoming remedies phase, Australian lawyer Bill Morgan has provided valuable insight.
Cryptory.net - Elon Musk and Mark Cuban have raised objections to the SEC's in-house trials, citing concerns about unfair outcomes and potential violations of the Seventh Amendment.
Cryptory.net - Following the Securities and Exchange Commission's decision to refrain from appealing a ruling that enables Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund (ETF), analysts are currently endeavoring to assess the potential trajectory of the process.
