#SEC

Lawyer Bill Morgan, who has been closely following the lawsuit, commented, ‘The SEC’s prospects of success on appeal are very slim, and I feel generous today, so I am giving it a 3% chance of success on appeal.’

Exciting news from Ripple as their CEO Brad Garlinghouse and Executive Chairman Chris Larsen have been cleared of all SEC allegations.

The Grayscale Bitcoin Spot ETF decision isn't on the SEC's appeal agenda.

A federal judge denied the U.S. Securities and Exchange Commission's (SEC) request for an appeal against Ripple, asserting that the regulator did not demonstrate significant reasons to justify disagreements in opinions. However, he has set a court hearing date for April 2024 to address certain issues in the case.

Legal expert and cryptocurrency advocate John Deaton has accused the SEC of overstepping and abusing its authority in the case of LBRY, which led to the blockchain company's bankruptcy.

Cardano's founder, Charles Hoskinson, has criticized the Ripple community for insinuating that Ethereum might have been involved in the SEC's case against XRP.

The SEC, which has been investigating Elon’s 2022 Twitter share purchase, is now taking legal action to compel his testimony and compliance with their subpoena.

The blockchain platform, founded by Bram Cohen, the creator of BitTorrent, has downsized its workforce, reducing it by 26 out of 70 employees. This development follows Chia’s 5 months filing with the SEC for its public listing, which faced setbacks due to the collapse of its banking partner, Credit Suisse. The company is also considering its first-ever token sale.