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CFTC issues $54M default judgment against trader in crypto fraud scheme

12:33pm, 28th June, 2023

CFTC issues $54M default judgment against trader in crypto fraud scheme

As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body.

XRP To $1? Summary Judgment Is Very Close, Lawyers Predict

6:20am, 7th March, 2023

XRP To $1? Summary Judgment Is Very Close, Lawyers Predict

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is picking up steam again, and now things could move really fast. Several attorneys at once predict that summary judgment could appear at any time, within the...

Ooki DAO misses lawsuit response deadline, default judgment on the cards

7:17pm, 11th January, 2023

Ooki DAO misses lawsuit response deadline, default judgment on the cards

The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.

Federal regulators are preparing to pass judgment on Ethereum

9:37pm, 4th October, 2022

Federal regulators are preparing to pass judgment on Ethereum

The Securities and Exchange Commission is moving to take action against Ethereum that reaches far beyond America’s borders.

Ripple, SEC case heads for conclusion after 'summary judgment' filed

10:23pm, 18th September, 2022

Ripple, SEC case heads for conclusion after 'summary judgment' filed

Ripple argued that XRP profits came from “market forces of supply and demand” rather than any contract between Ripple and XRP token holders.

Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper

12:47am, 29th June, 2021

Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper

Bitcoin.org must now remove the Bitcoin whitepaper, host a notice referring to the court’s judgment, and pay $48,600 to cover Wright’s legal costs.

Rapper The Game facing $12M judgment along with execs in ICO case

2:33am, 25th June, 2021

Rapper The Game facing $12M judgment along with execs in ICO case

The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering.