The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has caught the attention of the cryptocurrency industry. Journalist & Producer at Fox, Eleanor Terrett, has provided her analysis on the SEC’s decision to appeal, highlighting its commitment to upholding securities laws and its stance on the classification of XRP….
Sam Bankman-Fried, the disgraced founder and former CEO of FTX, has had his bail revoked, causing a stir in the world of crypto and NFT Twitter. The decision came from New York U.S. District Judge Lewis Kaplan, who expressed doubts about the effectiveness of a gag order in preventing Bankman-Fried from interacting with the media….
Smart and Savvy Moves by Joe Lubin In a complex scenario involving former SEC Chairman Jay Clayton, Sullivan & Cromwell (S&C), Joseph Lubin, Consensys, and other key players in the digital currency empire, John Deaton, the Founder of CryptolawUS, has shed light on the matter. Deaton took to Twitter to share his insights, stating that…
Gala Games, the renowned blockchain gaming platform, has made a significant move towards their dedicated blockchain called GYRI. They have successfully migrated all their Gala Games NFTs into the GYRI ecosystem, setting the stage for an exciting new event – the ‘Mystery Box’ sale. The upcoming ‘Mystery Box’ sale is expected to offer buyers a…
Bloomberg’s recent headline regarding Ripple’s XRP token has sparked controversy and misinformation, as the media giant published an inaccurate statement regarding the Securities and Exchange Commission’s (SEC) request for permission regarding the token. Pro XRP lawyer John Deaton and CryptoLawUS quickly pointed out the error and emphasized the importance of factual reporting that could impact…
Gamers, brace yourselves for the upcoming Mech Mint event in Wreck League! Animoca Brands and nWayPlay are gearing up for the highly anticipated Wreck League Mech Mint, and here’s what you need to know. TL;DR: – You need ApeCoin in your wallet for minting, along with ETH to cover gas fees. – Minting starts at…
Ripple’s CTO, David Schwartz, has addressed the recent move by the US Securities and Exchange Commission (SEC) in response to a significant decision regarding Ripple’s XRP token. Judge Analisa Torres ruled that XRP is not a security, which was a major victory for Ripple. However, the SEC is now seeking to quickly appeal another aspect…
Kevin, the infamous character from the Pixelmon game, has made a surprising comeback as a $2 non-fungible token (NFT) on the Base network. This unexpected development not only celebrates the launch of the Base platform but also pays homage to Pixelmon’s tumultuous history. Pixelmon gained notoriety when enthusiasts purchased its creatures as Ethereum-based NFTs for…
Former Chief of the SEC Office of Internet Enforcement, John Reed Stark, has issued a warning about the dangers of the crypto marketplace. In a recent series of tweets, Stark revealed shocking revelations about the fraudulent practices and market manipulation that plague the digital currency industry. Stark referred to a new study that provides compelling…
Auction house Sotheby’s has responded to allegations made by investors in Bored Ape Yacht Club (BAYC), dismissing the lawsuit as opportunistic and without merit. The lawsuit, which includes a class action suit against Yuga Labs, the creators of BAYC, named Sotheby’s as a defendant. In response to the claims, Sotheby’s stated that it will vigorously…
