US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In
Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US Securities and Exchange Commission (SEC). Bill Morgan, an attorney representing Ripple in its protracted legal battle with the SEC, has been vocal about the evolving judicial stance on crypto. His recent comments underline […]
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In a move widely anticipated by industry experts, the US Securities and Exchange Commission (SEC) has announced a delay in the review process for WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) application. Related Reading: US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In Seven Bitcoin Spot ETF Applications Stalled by SEC Delays According […]
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public. China’s hardline policy on crypto took another turn on Thursday as the country’s Supreme Court revised its judicial interpretation for illegal fundraising to include digital currency transactions.The Chinese Supreme Court issued a revised version of its “Decision on Amending the Interpretation of the Supreme People’s Court on Several Issues Concerning the Specific Application of Law in the Trial of Criminal Cases of Illegal Fund Raising.”Just In: For the first....
Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, and while the interlocutory appeal has been approved by the court, pro-XRP lawyer John Deaton has […]
The Court of Justice of the European Union received on 02.06.2014 the Preliminary Ruling of The Swedish Supreme Administrative Court ("Högsta förvaltningsdomstolen") on the interpretation of Article 135.1 of the Directive 2006/112/EC on VAT taxation on bitcoin. The number assigned to the case is C-264-14 (published in the Official Journal C 245 on 28.07.2014, p.7). The preliminary ruling was originated by an advance tax ruling submitted by David Hedqvist (moderator of Section Sweden of bitcointalk.org and founder of www.bitcoin.se), who intended to carry on a business through a switching....
The Arbistar case victims’ defense lawyer claims that the overall number of those affected amounts to 32,000 families with at least 93.4 million euros ($113.55 million) in losses. Lawyer in Arbistar Case Reveals Details on Class-Actions Lawsuits Against the Alleged Crypto Ponzi Scheme During an interview with Eldiario, Carlos Aránguez, a Spanish lawyer who represents 130 victims, pointed out that the magnitude of the disaster provoked by the alleged crypto Ponzi scheme Arbistar can be qualified as the “biggest computer scam” in Spain. Victims represented by the....