Court

The post Uniswap Fights Back Against SEC, Prepared for Court Battle appeared first on Coinpedia Fintech News Uniswap has responded to the SEC Wells notice, accusing the agency of overreach. CEO Hayden Adams criticized the SEC’s harmful approach towards consumers and innovation. Uniswap argues that it does not require broker registration, asserting that its transactions aren’t securities and comparing itself to Coinbase Wallet, which was defended in a similar lawsuit. Additionally, Uniswap disputes claims about its roles of solicitation and…

UK Judge James Mellor has publicly shared the approved judgment in the case involving Australian entrepreneur Craig Wright and the Crypto Open Patent Alliance (COPA). The term “approved” signifies that a decision or judgment has been formally accepted and ratified by a higher authority, making it legally binding. In a High Court ruling, Judge James Mellor dismissed Craig Wright’s claim to be Satoshi Nakamoto, the inventor of Bitcoin. The decision came after a five-week trial in March, marking a significant…

Ripple filed a motion in New York urging the court to seal certain documents relating to the remedies battle with the SEC, arguing that doing so could expose its trade secrets to its rivals. CFO Jonathan Bilich filed a declaration in which he argued that publicising some of the documents could lead to a loss of confidence in Ripple, significant losses, and disrupted operations. If some of the documents in the court battle for remedies between Ripple and the SEC…

The post Ripple vs SEC Lawsuit Update: Ripple Moves to Seal Key Documents in SEC Court Battle appeared first on Coinpedia Fintech News Ripple Labs Inc. has filed a motion to seal documents related to the remedies phase of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The motion, submitted on May 13, 2024, seeks to protect sensitive information Ripple argues could harm its competitive standing and business operations if disclosed publicly. James K. Filan, a…

The post US Court Orders Seizure Of 279 Crypto Accounts Linked To North Korean Crypto Thefts appeared first on Coinpedia Fintech News Justice Timothy Kelly of the US district court has ordered the seizure of 279 crypto accounts and handed over to the US over alleged connections to North Korean crypto thefts. The ruling stems from August 2020 case filed by the US where North Korean-linked entities were transferring illicit crypto funds to exchanges outside US or to unhosted wallets…

The post XRP Exchange Operator Sentenced to 8 Years Imprisonment By South Korean Court appeared first on Coinpedia Fintech News Anonymous XRP exchange operator, Mr. A is being sentenced to 8 years in prison as he was convicted of serious crypto fraud and embezzled around 4.6 billion Korean won i.e. $3.3 million. Since 2015, Mr A has been a central figure in the South Korean crypto market in his attempts to defraud investors by promising to purchase XRP tokens at…

Ripple and the XRP ecosystem are uptight with a potential judgment in SEC lawsuit looming. Ripple has argued its case for a $10 million settlement, XRP price shows an uptick. As the week begins, investors await judgment on Ripple’s XRP in its ongoing legal battle with the US Securities and Exchange Commission (SEC). Notably, the SEC is expected to file a remedy-related reply brief today, May 6, and a redacted version by Wednesday, May 8. Investors Brace for SEC Reply…

The post Ripple vs SEC Lawsuit Update: Ripple Asks Court to Dismiss SEC Expert Evidence appeared first on Coinpedia Fintech News In the legal showdown, Ripple does not back off from brushing off the SEC’s highly controversial evidence to present in court.  Here’s the real story behind it:   Fox’s Role in the Case James K. Filan, a veteran defense lawyer, reported that Ripple filed a letter in support of its April 22, 2024, request to strike new expert materials and…

The post American Court Prosecutes Ukrainian Resident for 13 Years for Revil Ransomware Offenses appeared first on Coinpedia Fintech News The Texas Court sentenced a Ukrainian man, Yaroslav Vasinskyi, to more than thirteen years in prison as a maiden ruling in a ransomware situation which was allegedly performed by Russia-based hacking group REvil. The sentencing which took place on Wednesday proved to be a landmark in the worldwide battle against cybercrime. Court charges $16 million as restitution Vasinskyi, a 24-year-old…