Court Slams SEC Over 23-Year-Old Bilzerian Ban A federal judge has just reopened a 23-year-old SEC injunction against financier Paul Bilzerian, ruling that the agency’s attempt to freeze his assets and block his crypto-related ventures rests on shaky legal ground. The decision could ripple through how the SEC enforces decades-old judgments in today’s digital-asset markets….
Court Slams Brakes on SEC’s Broad Token Crackdown The Supreme Court just clipped the SEC’s wings in a 6-3 decision that could redraw the battle lines between regulators and crypto markets. The ruling says the agency overreached when it tried to label nearly every token sale as an unregistered securities offering, and it forces the…
COURT SLAPS CFTC ON WRIST IN CONWAY TRUST CASE The Seventh Circuit has just told the CFTC it cannot simply declare a family trust a “commodity pool operator” without proving the trust actually pooled money from outsiders. That ruling matters because it narrows the CFTC’s reach into private wealth vehicles at the exact moment crypto…
COURT SLAPS SEC’S COLLATERAL RULE IN FIFTH CIRCUIT The Fifth Circuit just clipped the SEC’s wings on how it can freeze crypto assets during enforcement actions, ruling that the agency cannot rely on vague “collateral” theories to lock up tokens without proving a direct connection to fraud. The decision immediately weakens the SEC’s leverage in…
Strive Buys $81.5 Million in Bitcoin After Issuing More Shares Strive has purchased $81.5 million worth of Bitcoin following a share issuance, linking a new round of equity financing directly to an increase in its Bitcoin holdings. The sequence is straightforward: Strive issued additional shares and then used the proceeds to acquire Bitcoin. The disclosure…
Regal Wins Big in New York — Crypto Brokerage Deal Ruled Valid New York’s Appellate Division has ruled that a disputed brokerage agreement between Regal Commodities and Tauber is legally binding, rejecting Tauber’s attempt to void the contract on technical grounds. The decision matters because it reinforces the enforceability of derivative-linked brokerage contracts at a…
Court Slams CFTC’s Secret Hunt for Kraft’s Data The Seventh Circuit just ordered the Commodity Futures Trading Commission to stop its backdoor attempt to seize Kraft’s internal records without filing a case. The surprise ruling slams the regulator for trying to weaponize its subpoena power to investigate potential commodity manipulation—without giving Kraft a day in…
Court Denies Crypto Exchange Class-Action Consolidation Bid A federal judicial panel refused to merge three investor lawsuits against a major crypto exchange into a single proceeding, leaving plaintiffs to litigate in separate districts. The ruling signals that judges see crypto-related claims as fact-specific rather than uniform, raising litigation costs for plaintiffs and creating uneven legal…
SEC Loses Big on Crypto Authority Federal judges in Texas just handed the Securities and Exchange Commission a stinging defeat on its crypto enforcement strategy. In a sweeping opinion, the Fifth Circuit ruled that the agency overstepped its bounds by claiming broad authority to police digital assets without clear congressional backing. Markets are already pricing…
CFTC Wins Ninth Circuit Ruling in Monex Case The Ninth Circuit just handed the CFTC a major victory in its fight against Monex, ruling that the agency has broad authority to police leveraged precious-metals transactions even when no actual commodities change hands. The decision reverses a lower-court dismissal and signals that retail crypto exchanges offering…
Bitcoin Price Storms Past $79K Before Hitting Resistance Near $80K Bitcoin moved above $79,000 before running into resistance near the $80,000 level, marking a notable push higher followed by signs of hesitation at a widely watched round-number price area. The move highlights how quickly momentum can carry Bitcoin through key thresholds, while also underscoring that…
SEC HANDS CFTC A VICTORY IN CRYPTO ENFORCEMENT BATTLE The D.C. Circuit just slammed the door on Trevor Kitchen’s attempt to dodge CFTC oversight, ruling that his unregistered crypto trading platform qualifies as a futures commission merchant under federal law. The decision hands the Commodity Futures Trading Commission a major enforcement win and signals that…
CFTC’s Crypto Conviction Upheld — Commodities Law Now Stretches to Virtual Currencies The Ninth Circuit just slammed the door on James Devlin Crombie’s appeal, ruling that the CFTC had every right to nail him for fraud in the sale of Bitcoin mining contracts. In plain terms: virtual currencies now sit squarely inside the CFTC’s wheelhouse,…
Court Orders Crypto Accounts Forfeited to IRS in Landmark Seizure The United States District Court for the District of Columbia has granted the government’s motion to forfeit twenty-four cryptocurrency accounts linked to tax evasion. The ruling gives the IRS a clear path to seize digital assets without needing to prove criminal wrongdoing by the account…
SEC Scores Early Win Against Binance — Court Keeps Case Alive The Securities and Exchange Commission just cleared its first big hurdle in the fight against Binance: Judge Amy Berman Jackson refused to throw out the agency’s sprawling lawsuit, ruling that the SEC has plausibly alleged the world’s largest crypto exchange violated U.S. securities laws…
Delaware Court Rejects Crypto Startup’s Breach Claims Delaware’s Superior Court has tossed out a crypto startup’s lawsuit against its own founder, ruling that promises made before a company is even formed cannot create binding legal obligations. The decision sends a blunt message to crypto entrepreneurs and investors: informal agreements struck over Slack or Signal may…
Nearly 2,000 Hacked WordPress Sites Turned Into Criminal Infrastructure Nearly 2,000 compromised WordPress websites have been repurposed into criminal infrastructure, highlighting how ordinary web platforms can be quietly absorbed into larger cybercrime operations. In this type of campaign, attackers typically don’t just deface a site or steal a handful of credentials. Instead, they take control…
Grayscale Wins Court Reversal Against SEC Over Bitcoin ETF Denial A federal appeals court just handed Grayscale a major victory and the SEC a legal black eye. Judges ruled the agency acted arbitrarily when it rejected Grayscale’s spot Bitcoin ETF, exposing a glaring inconsistency in how the SEC treats similar products. The decision forces regulators…
COURT HANDS CFTC SWEEPING POWER OVER DIGITAL COMMODITIES The Seventh Circuit just handed the CFTC broad new authority to police digital asset sales, ruling that the agency can treat certain crypto transactions as “retail commodity transactions” even when no traditional futures contract exists. The decision expands the CFTC’s reach over crypto markets and tightens the…
Coinbase Wins on Process, SEC Keeps Its Powder Coinbase just forced the SEC to answer for how it makes the rules that could define the entire digital-asset industry. The Third Circuit didn’t decide whether crypto tokens are securities, but it did decide that the Commission must give Coinbase a hearing on its petition for new,…
