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…
### NYC Court Shields Landlords from Slip-and-Fall Lawsuit A New York appellate court unanimously affirmed summary judgment for building owners, tossing a personal injury suit over a tenant’s stairwell tumble—signaling tighter bars on negligence claims that could ripple into crypto-world property disputes tied to mining ops or exchange HQs. The case stemmed from plaintiff Maria…
Texas Court Slaps Down SEC in Crypto Mandamus Clash In a swift rebuke to federal overreach, the Eighth District Court of Appeals in El Paso, Texas, has denied the SEC’s emergency bid to halt a state court lawsuit against Envy Blockchain, NV Landco 1 LLC, and executive Stephen Decani. The ruling, issued in original mandamus…
Texas Court Slaps Down SEC in Crypto Mandamus Clash In a sharp rebuke to federal overreach, the Texas Eighth Court of Appeals in El Paso denied the SEC’s push to halt a state court lawsuit against Envy Blockchain, NV Landco 1 LLC, and Stephen Decani. The relators—crypto firm Envy and its execs—won mandamus relief, blocking…
CFTC Fails to Block Election Betting on Kalshi Platform The D.C. Circuit Court of Appeals denied the Commodity Futures Trading Commission’s emergency stay on October 2, slamming the door on its bid to halt KalshiEX LLC’s event contracts betting on congressional control and political outcomes. This keeps Kalshi’s election markets live, marking a rare judicial…
### CFTC’s Stay Denied: Kalshi Trades Election Bets Freely The D.C. Circuit Court just slammed the door on the CFTC’s emergency bid to halt KalshiEX’s election contract trading, letting bets on U.S. presidential outcomes hit the market unchecked. This razor-thin ruling underscores a brewing clash between innovation and oversight, potentially unlocking billions in event contracts…
SEC Crushed: Kraft Case Hands CFTC Crypto Turf Victory The Seventh Circuit just slammed the door on the SEC’s overreach in a high-stakes Kraft Foods dispute, granting the CFTC’s mandamus petition and forcing a lower court to rethink its block on CFTC probes into Kraft’s commodity swap deals. This ruling redraws agency battle lines, boosting…
### CFTC Scores Win Over SEC in Food Giant Swap Fight The Seventh Circuit just handed the CFTC a rare procedural victory, forcing a lower court to reconsider its dismissal of a massive $100 million swap enforcement case against Kraft and Mondelēz. This mandamus ruling exposes cracks in SEC turf claims over digital assets and…
Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation Crypto payments startup Mesh has reached a $1 billion valuation, placing it in unicorn territory. The milestone signals continued investor interest in companies building infrastructure for moving value across both crypto and traditional payment rails. The provided information did not include details on the funding round,…
SEC Rebuffed: NY Court Denies Key Crypto Case Appeal In a swift smackdown, New York’s Appellate Division, First Department, denied an appeal in case 140 AD3d 451, blocking what could have been a precedent-shaping win for the SEC against crypto players. This terse ruling upholds lower court decisions, shielding defendants from aggressive enforcement and signaling…
**SEC Appeal Denied: Crypto Regulators Hit Wall** In a swift smackdown, New York’s Appellate Division, First Department, denied an appeal in case 140 AD3d 451, upholding a lower court’s ruling against the SEC or related enforcers in what looks like a crypto enforcement push. This rare appellate rebuff signals judges are tiring of overreach, potentially…
CFTC Powers Up: Court Backs Commission in Crypto Fight The Seventh Circuit just handed the Commodity Futures Trading Commission (CFTC) a major win, upholding its authority to regulate crypto derivatives in a long-running dispute with the Conway Family Trust. This ruling solidifies the CFTC’s grip on digital asset futures, potentially reshaping how exchanges and traders…
**CFTC Power Grab Shot Down: Courts Rein In Overreach** In a sharp rebuke to federal regulators, the Seventh Circuit Court of Appeals vacated the Commodity Futures Trading Commission’s (CFTC) massive $5.5 million penalty against the Conway Family Trust, ruling the agency failed to prove fraud in a family real estate deal gone sideways. This decision…
### CFTC Victorious: Courts Uphold Crypto Surveillance Power The Seventh Circuit just slammed the door on a family’s bid to kill the CFTC’s data-snooping tool, ruling unanimously that the agency’s market surveillance program is legally rock-solid. This win cements the CFTC’s grip on trading data across futures and swaps—markets now bleeding into crypto—potentially supercharging oversight…
SEC Slaps Down: Fifth Circuit Tosses Coinbase Subpoena Overreach In a stinging rebuke to the SEC, the Fifth Circuit Court of Appeals on April 17, 2025, vacated a broad investigative subpoena against Coinbase, ruling the agency failed to justify targeting the exchange’s users as potential securities violators. This decision in Case No. 23-11237 sharpens the…
SEC Slapped Down: Ripple Win Shreds Arbitrary Crypto Enforcement In a stinging rebuke to the SEC, the Fifth Circuit Court of Appeals vacated parts of a lower court ruling against Ripple Labs, narrowing the agency’s broad “securities” net on XRP sales and remanding for fixes. This decision guts the SEC’s aggressive campaign against crypto tokens,…
SEC Crushes Crypto as Commodity in Precious Metals Case New York appeals court slams Regal Commodities’ bid to force arbitration in a dispute with client Tauber over precious metals trades, ruling the firm’s contracts don’t qualify under federal law. This decision exposes a regulatory vulnerability for crypto platforms mimicking commodity brokers, potentially inviting SEC crackdowns…
### NY Court Slaps Crypto Scheme as Illegal Commodity Fraud A New York appellate court just crushed a brazen crypto Ponzi scheme, ruling that fake “commodity interest” investments in Regal Commodities were straight-up securities fraud. Defendants peddled phony digital asset pools promising sky-high returns, but the court upheld a lower judge’s smackdown, affirming fraud claims…
SEC Smackdown: Court Rips Coinbase Surveillance Rule. The Fifth Circuit just gutted a key SEC tool, vacating its “surveillance sharing” rule that forced crypto exchanges like Coinbase to hand over customer data to the agency. This 2024 ruling slams the brakes on SEC overreach, handing a massive win to crypto platforms fighting warrantless data grabs…
Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls The U.S. Federal Reserve left monetary policy unchanged at its latest meeting, maintaining interest rates at current levels. The decision came as market expectations for near-term rate cuts faded, a shift that coincided with bitcoin trading without clear momentum. The change…
