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motion

Binance NFT Introduces The Sandbox NFT02

13 Jun 23

Binance.US counters SEC’s motion to freeze funds as it threatens its business

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US has vehemently opposed the US Securities and Exchange Commission’s (SEC) proposed temporary restraining order, claiming that it would effectively end its business operations. The crypto exchange filed a response on June 12, criticizing the SEC’s emergency motion as “draconian and […]

crytpo news crypto coins on the fire blockchain and internet blurry background bright colores low poly style

08 Jun 23

US Government challenges Bittrex US’s motion to return customer crypto assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid the unfolding bankruptcy case of crypto exchange Bittrex US, the US government has opposed the platform’s motion to authorize customer withdrawals of their crypto assets. The US government has countered a request by Bittrex US, the now-bankrupt cryptocurrency exchange, to […]

sanction01

26 May 23

Coinbase-supported motion counters Tornado Cash sanctions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The filing asserts that the Treasury does not possess the necessary jurisdiction to ban Tornado Cash and its associated transactions. In a recent filing on May 24, six individuals presented four key arguments to overturn the United States Treasury’s decision to […]

Bluelight – economic strategy2

24 May 23

Ripple defense attorney files motion to withdraw from SEC case

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kylie Chiseul Kim, a key defense attorney for Ripple Labs in its ongoing litigation against the SEC, has submitted a motion to withdraw from the case due to her departure from the law firm representing Ripple. In a development from the […]

Security Laws Are Not Ready For The Digital Era4

25 Apr 23

Do Kwon’s lawyers file motion to dismiss SEC charges

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The legal representatives of Terra’s Do Kwon have asked the court to dismiss the SEC’s charges against Terraform Labs and its founders. The motion states that the collapsed Terra UST stablecoin and Luna tokens are not securities, and as such the […]

Celsius Network image 1

25 Jan 23

Chief Judge denies third motion by Celsius clients

In a court order issued today by the United States Bankruptcy Court in the Southern District of New York, a motion filed by a former Celsius Earn Account Holder was denied. Users attempt to retrieve funds as Celsius announces recovery plan The denied motion filed by Rebecca Gallagher was an attempt to obtain a ruling […]

SEC Sparks Interest in Reopening the Ripple Case

21 Dec 22

Ripple, SEC files joint motion asking for more time in pending lawsuit

Per a tweet from James Filan on Tuesday, the Securities and Exchange Commission (SEC) and Ripple have asked for more time to submit their Daubert motions and supporting documentation. They claim that the forthcoming holidays and their lawyers’ busy schedules necessitate more time. An extension request has been filed by the SEC, and Ripple Both […]

BlockFi generic 1

20 Dec 22

BlockFi files motion in US for users to withdraw frozen crypto

Crypto Lending firm BlockFi has filed a motion requesting authorization from a United States bankruptcy court to enable its users to withdraw frozen crypto assets under their custody. BlockFi inching closer to enabling withdrawals In a motion filed on Dec 19 with the U.S. Bankruptcy Court for the District of New Jersey, the lender applied for permission […]

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