Judge rejects Kraken’s bid to challenge decision in SEC case
Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Go to Source
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US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Go to Source
OpenSea users claim NFTs are securities in proposed class suit
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities. Go to Source
Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited … Read more
Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing. Go to Source
Shaquille O’Neal may still be in hot water over Astral NFTs, says judge
A Miami judge didn’t dismiss a claim that basketball legend Shaquille O’Neal was a “seller” of Astrals NFTs and found they could be securities under US law. Go to Source
SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist. Go to Source
Robinhood nears settlement on GameStop, meme stocks suit
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block. Go to Source
Cristiano Ronaldo sued for promoting Binance, unregistered securities
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange. Go to Source
SEC sues Kraken alleging it’s an unregistered exchange, mixes user funds
The SEC alleged Kraken operated as an unregistered exchange, broker, dealer and clearing agency. Go to Source
