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Senator Cynthia Lummis and House Financial Services Committee Chairman Patrick McHenry have called on the US Securities and Exchange Commission (SEC) to retract Staff Accounting Bulletin 121 (SAB 121). In a letter sent to the SEC Chair Gary Gensler, they complained about the rule and its negative im…
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
In a recent decision, a Texas court dismissed Consensys’ lawsuit against the U.S. Securities and Exchange Commission (SEC), which was filed in April 2024 to protect the Ethereum ecosystem from regulatory overreach. The court’s dismissal was based on procedural grounds, without addressing the merits …
The latest developments regarding the Ripple vs SEC lawsuit have indicated deliberations on an appeal against Judge Torres’ rulings in the XRP case. An attorney argues that the U.S. Securities and Exchange Commission (SEC) will not reveal its decision until the last minute. In addition, former SEC l…
TLDR: SEC seeks sanctions against Elon Musk for missing court-ordered testimony on Twitter purchase Musk faces potential arrest if found in contempt of court SEC investigating possible securities fraud in Musk’s Twitter acquisition Musk accused of delay tactics and non-compliance with SEC investigat…
Lawsuit against SEC is dismissed in Texas while Consensys is committed to contest SEC action in Brooklyn.
A judge has granted the U.S. Securities and Exchange Commission’s (SEC) request for a deadline extension to produce documents related to its court battle with the crypto exchange Coinbase. The SEC first sued the exchange in June 2023 for allegedly violating securities laws, including selling unregis…
Coinspeaker US Federal Judge Dismisses Consensys Lawsuit against US SEC Consensys said that the Texas court today dismissed our lawsuit on procedural grounds without looking at the merits. US Federal Judge Dismisses Consensys Lawsuit against US SEC
The post SEC vs. Consensys: Ethereum Victory, MetaMask Fight Heats Up appeared first on Coinpedia Fintech News Much to the surprise of many, a Texas federal judge has dismissed a lawsuit filed by Consensys against the U.S. SEC. The software development firm filed a lawsuit against the SEC and its fi…
The United States District Court for the Northern District of Texas dismissed Consensys Software Inc.‘s case against the Securities and Exchange Commission. This was after a long legal battle to determine the status of Ethereum and other similar software products. Texas Court Ends Consensys Suit Aga…
Consensys revealed in a post on Thursday that a Texas court has dismissed its case against the Securities and Exchange Commission (SEC), originally filed in April.
A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.