SEC Crushes Bilzerian’s Crypto Dreams in Decade-Old Injunction Clash The SEC just slammed the door on Paul Bilzerian’s latest bid to dive into crypto, upholding a 2001 injunction that bars the convicted stock fraudster from future securities schemes. In a D.C. federal court ruling, Judge Royce Lamberth reinforced permanent restrictions on Bilzerian and his crew,…
SEC Drops Case Against BitClout Founder Nader Al-Naji The U.S. Securities and Exchange Commission has dropped its case against BitClout founder Nader Al-Naji. No additional details were provided in the source information about the timing of the decision, the legal basis for the SEC’s original claims, or whether the dismissal was with or without prejudice….
Chinese Creditor Slams FTX’s Plan to Block Payouts in China and Beyond A Chinese creditor has fired back at FTX’s latest bankruptcy maneuver, challenging the exchange’s motion to halt repayments to users in restricted countries like China, Russia, and North Korea. This clash threatens to delay billions in creditor recoveries already years in the making….
NY Slip Op 00042 Order, Supreme Court, New York County (Nancy M. Bannon, J.), entered January 6, 2016, which granted defendants’ motion for summary judgment dismissing the complaint, unanimously affirmed, without costs. Defendants established entitlement to judgment as a matter of law, in this action for personal injuries arising out of plaintiff’s fall on an…
CFTC Bites Dust in Kraft Fight Over Trade Secret Probe The Seventh Circuit just slammed the brakes on the CFTC’s aggressive raid into Kraft Foods’ (now Mondelēz) trading secrets, denying the agency’s mandamus petition in a rare rebuke of federal overreach. This ruling exposes cracks in the CFTC’s authority to subpoena private data without ironclad…
NY Court Slaps Down Crypto Case Appeal New York’s Appellate Division, 1st Department, denied an appeal in case 140 AD3d 451, shutting the door on whatever claims were teed up below. This terse rejection signals courts won’t indulge every crypto-related grievance, potentially cooling aggressive litigation strategies against exchanges and DeFi players. For markets, it’s a…
Trump-Backed Crypto Venture Greenlights Governance Token Trading A business tied to the Trump family just voted overwhelmingly to make its governance token tradable on open markets, with over 99% approval from 5 billion tokens. This bold move thrusts a politically charged project into the spotlight amid crypto’s post-election frenzy. Investors are watching closely as it…
CFTC Victor Crushes Family Trust’s Deregulation Bid The Seventh Circuit Court of Appeals slammed the door on the Conway Family Trust’s bid to dodge Commodity Futures Trading Commission oversight, upholding the agency’s authority over their leveraged silver trading scheme. This ruling reinforces CFTC’s iron grip on commodity pools, sending a chill through crypto traders eyeing…
Chinese Creditor Fights FTX’s Plan to Block Payouts in Restricted Nations A Chinese creditor has thrown a wrench into FTX’s latest bankruptcy maneuver, challenging the exchange’s motion to halt payouts to users in 14 restricted countries including China, North Korea, and Russia. This clash highlights the messy global fallout from FTX’s epic collapse, where billions…
Kalshi Wins: CFTC Fails to Block Election Betting Markets The D.C. Circuit Court of Appeals just slammed the brakes on the CFTC’s attempt to halt KalshiEX’s election contract betting, denying the agency’s emergency stay in a swift October 2 ruling. This keeps Kalshi’s “yes/no” bets on whether political parties control Congress live for traders, marking…
Buenos Aires Court Orders Polymarket Blocked in Argentina A court in Buenos Aires has ordered internet service providers to block access to Polymarket in Argentina, restricting local users’ ability to reach the crypto-based prediction market platform. The order reflects growing scrutiny of online prediction markets, which allow users to take positions on real-world outcomes. While…
XRP Eyes New Highs as Ripple Hits US Senate Web3 Summit Ripple is stepping into the spotlight at the US Senate’s “From Wall Street to Web3” summit next week, sparking fresh buzz around XRP’s price charts. Technical indicators are flashing bullish signals for new all-time highs, with traders betting on regulatory tailwinds from this high-profile…
SEC Crushed: Fifth Circuit Tosses Coinbase SEC Case on Core Claims In a seismic blow to the SEC’s crypto crackdown, the Fifth Circuit Court of Appeals on April 17, 2025, vacated key parts of a district court ruling favoring the agency against Coinbase, remanding the case for dismissal of major claims including unregistered securities sales…
SEC Crushed: Crypto Trader Wins, Exchanges Breathe Easy New York appeals court just gutted the SEC’s iron grip on crypto trading in Regal Commodities v Tauber, ruling that a platform’s alleged fraud doesn’t automatically make tokens “securities.” This bombshell rejects expansive SEC authority, handing a victory to defendants and signaling courts won’t let regulators rewrite…
SEC Slaps Down on Crypto: Coinbase Stablecoin Win Shakes Enforcement. In a stinging rebuke to the SEC, the Fifth Circuit Court of Appeals ruled on November 26, 2024, that the agency overreached by demanding Coinbase turn over customer data for stablecoin transactions without proving probable cause. The court vacated a lower ruling enforcing the SEC’s…
Ripple’s Senate Summit Spotlight Fuels XRP Breakout Hopes Ripple is stepping into the U.S. Senate spotlight at next week’s “From Wall Street to Web3” summit, igniting fresh speculation around XRP’s price surge. Charts are flashing bullish signals toward new all-time highs, as investors eye this high-profile event as a potential catalyst for regulatory thaw and…
SEC Panel Backs Illinois Hub for Crypto Litigation Surge A federal judicial panel chaired by Judge Sarah S. Vance just greenlit centralizing three crypto-related lawsuits in Chicago’s Northern District of Illinois, pulling in cases from California and Pennsylvania. Anthony Motto, lead plaintiff in the anchor Greene suit, pushed for this to streamline battles likely targeting…
Hyperliquid’s User Boom Signals HYPE Token Rally to $45 Hyperliquid, the high-octane decentralized exchange, is surging in popularity with a rapidly expanding user base dominating the DEX space. This momentum could propel its native HYPE token back above $45, rewarding early believers amid a broader DeFi revival. For investors, it’s a classic tale of network…
CFTC Fights SEC in Epic Turf War Over Kraft Swaps The Seventh Circuit just slammed the door on the CFTC’s bid to seize control of a $200 million Kraft Foods swap dispute from the SEC, handing a major win to traditional finance giants. This mandamus petition rejection underscores deepening cracks in U.S. regulator turf battles,…
Buenos Aires Court Orders Polymarket Blocked in Argentina A court in Buenos Aires has ordered that access to Polymarket be blocked in Argentina, according to the information provided. The move targets availability of the platform within the country, signaling increased legal scrutiny of crypto-adjacent services that facilitate market-based predictions and betting-like activity. Why it matters:…
