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SEC Fights Telegram on Gram Token Sale at US Court Battle

The cryptocurrency and blockchain community have been closely watching the court case between the United States Securities and Exchange Commission and Telegram over the legality of the latter’s $1.7 billion token offering.   Judge P. Kevin Castel of the US District Court for the Southern District of New York started the hearing by stating that both the SEC and Telegram … Continue reading SEC Fights Telegram on Gram Token Sale at US Court Battle

Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

A United States District Court has sided with the US Securities and Exchange Commission (SEC) granting an injunction against Telegram to to temporarily prevent the company from issuing its Gram tokens. Gram is a security according to Howey Test The cryptocurrency and blockchain community have been closely watching the court case between the SEC and Telegram over the … Continue reading Telegram Prohibited from Issuing Gram Tokens as US Court Grants SEC's Injunction

Telegram Appeals Federal Court Injunction to Stop Gram Distribution

Telegram has filed an appeal to yesterday’s ruling by a United Stated federal court in favour of the US Securities and Exchange Commission (SEC) which has prohibited the issuance of Gram tokens for the time being. Court Sides with SEC early The SEC has won an important decision in their court case against Telegram over the … Continue reading Telegram Appeals Federal Court Injunction to Stop Gram Distribution

What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Looking ahead to Q2 2020, what are the top 5 blockchain market events to watch? This article provides a simple guide for you! Bitcoin Halving Considered as the most important market event for Bitcoin, Bitcoin halving is likely to take place in May 2020. Bitcoin halving occurs once in every 210,000 blocks produced (approximately every … Continue reading What are the Top 5 Blockchain Market Events to Watch in Q2 2020?

Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

11 class action lawsuits have been filed against 42 defendants for violating securities law by Roche Freedman LLP. Among the companies named were some of the crypto industry’s most prominent players including Binance, Block.One and Bitmex. According to OffShoreAlert, the class action law suits were filed in the Southern District of New York Court on April … Continue reading Has Judgement Finally Come for 2017 ICOs? Class Action Lawsuits Name Binance, BitMEX and Block.One Among Host of Crypto Defendants

US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO

On September 30, the United States District Court for the Southern District of New York issued a Memorandum Opinion and Order granting the US Securities and Exchange Commission’s motion for summary judgment against Kik Interactive Inc and its $100 million ICO. US Judge Alvin Hellerstein ruled that tech company Kik violated securities laws by failing … Continue reading US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO

Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

The United States Securities and Exchange Commission (SEC) is filing suit against Ripple for the sale of its XRP token which it has deemed are unregistered securities according to CEO Brad Garlinghouse on Monday. Crypto Twitter exploded with both support and criticism for Ripple’s non-decentralized business model. According to Fortune on Dec 22, the SEC … Continue reading Crypto Twitter Explodes as US SEC Aims to Sue Ripple For Sale of XRP Token as Securities

SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple Labs Inc., naming co-founder Chris Larsen and CEO Brad Garlinghouse as defendants in the suit, for unregistered “digital asset securities” offering through which $1.3 billion was raised. SEC sanctions XRP on the grounds it is a security United States regulators argue … Continue reading SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP

Ethereum's Vitalik Buterin Mocks Ripple and XRP, but is ETH 2.0 next on SEC's List?

As the XRP price continues to crash and burn, tanking by 40% on leading exchanges following the US SEC’s lawsuit against Ripple, Ethereum Founder Vitalik Buterin appears to be enjoying the show. But with the recent ETH 2.0 upgrade to Proof-of-Stake (POS) of the Ethereum network, it may not be long before the US regulators reclassify … Continue reading Ethereum's Vitalik Buterin Mocks Ripple and XRP, but is ETH 2.0 next on SEC's List?

List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading

XRP’s price has been trading at lows of $0.28 and will likely plummet further as more and more crypto exchanges move to delist it. What exchanges have delisted XRP? The recent crypto exchange to have announced that it will be stopping XRP trading and deposits is Bitstamp, a major exchange based in Luxembourg. This feature … Continue reading List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading

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