The Ripple Effect: Four Key Takeaways from Ripple’s Win Against the SEC
By: Rick Tapia, Andrew Bull, and Tyler Harttraft In a landmark decision on July 13, 2023, U.S. District Judge Analisa Torres of the U.S. District Court of the Southern District of New York brought a semblance of regulatory clarity for the blockchain industry.[1] The case, initiated by the Securities and Exchange Commission (“SEC”), centers around […]
SEC Sues Coinbase: Summary and Takeaways
On June 6, 2023, the SEC filed a complaint in the Southern District of New York against Coinbase, Inc. (Coinbase), and Coinbase Global, Inc. (CGI), alleging a number of violations of the US federal securities laws (the Coinbase Complaint)[1] that are substantially similar to those alleged in the complaint filed just one day prior against Binance. […]
SEC Sues Binance: Summary and Takeaways
On June 5, 2023, the Securities Exchange Commission filed a Complaint in the District of Columbia against Binance, one of the largest cryptocurrency exchanges in the world, and its founder.[1] Specifically, the Complaint names Binance Holdings Limited (Binance), BAM Trading Services Inc. (Binance.US), BAM Management US Holdings Inc. and Binance’s founder, Changpeng Zhao (CZ). The […]