SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge
State attorneys general argue that the SEC is trying to claim jurisdiction that rightfully belonged to states.
Law
Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The federal judge must now weigh what a Coinbase lawyer characterized as “a pure question of law,” and her answer could have big consequences on the crypto sector.
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The agency contends last week’s court ruling that offerings from Terraform were securities should help make its case that the exchanges traded unregistered securities.
Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.
Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says
The SEC pushed back against Binance’s motion to dismiss its lawsuit in a new filing.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of “unsecured digital assets” is prohibited outside the country’s financial center under laws that came into effect earlier this year.
As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions
Bankman-Fried’s lawyers argued the jury should be instructed on English law because it governed FTX’s terms of service. “I apply the law of New York,” Judge Lewis Kaplan said.
Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities
The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.
Hamas’ Crypto Ties May Lend Energy to Sen. Warren’s Money Laundering Bill
The prominent Massachusetts senator has argued the Hamas connection shows it’s time to “crack down on crypto-financed crimes.”
Lack of U.S. Crypto Laws Irrelevant to Bankman-Fried Allegations, DOJ Says
The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see.