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
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Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam
The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel … Read more
Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country. Go to Source
Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight
The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief argues that the Ninth Circuit’s approach to pleading standards under the Private Securities Litigation Reform Act (PSLRA) could severely impact emerging technology sectors, especially cryptocurrency. … Read more
Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry. Go to Source
Coinbase adds former Bill Clinton aide, Supreme Court lawyer to board
Two of the new Coinbase directors have previously served under US presidents, while the other has extensive experience in the management consulting industry. Go to Source
Crypto won big in the Supreme Court’s Loper Bright decision
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission’s ability to stand athwart crypto. Go to Source
Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.” Go to Source
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector. Supreme Court Overturns Chevron Deference, Paving Way for Regulatory Clarity in Digital Assets … Read more
Supreme Court Rules SEC In-House Penalty Proceedings Violate Seventh Amendment
The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right to a jury trial. The case arose from the SEC’s action against George Jarkesy Jr. and his firm, Patriot28 LLC, for alleged securities fraud. The … Read more
