SEC faces challenges in Coinbase lawsuit hearing as judge questions its test for determining securities. Concerns arise over broad regulatory authority, major questions doctrine, and uncertain case outcome.
EdmundLegal counsel representing Binance and CZ contended that the CFTC's legal actions could be interpreted as an effort to assume a role akin to the "world’s derivatives police."
KikyoAside from accusing the SEC of overreaching their authority, the motion also raises the issue of the "major questions doctrine".
ClementFTX is suing the lawyers appointed to liquidate its Bahamian entity, saying they’re waging a jurisdictional battle that will hurt customers and creditors.
TheBlockThe plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday.
OthersWell-known platforms had consistently been coming forward to support the blockchain company by asking for permission to file amicus briefs.
OthersIn both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company's business, operations and compliance efforts throughout the class period.
CointelegraphBitBoy Crypto founder Ben Armstrong said that Celsius would not allow him to withdraw money unless he first transferred more funds to the Celsius platform.
CointelegraphBitBoy Crypto founder Ben Armstrong said that Celsius won’t let him withdraw money from the platform without sending more money to it first.
CointelegraphTerra has been the target of a second class action lawsuit, and more legal action is likely to be brought ...
Bitcoinist