Court
Blockchain Association Supports Tornado Cash Legal Challenge
Backing for six individuals suing the U.S. Treasury’s Office of Foreign Assets Control (OFAC) was increased by the Blockchain Association. This is due to the restrictions placed on the crypto mixer, Tornado Cash. A crypto support organization stated that OFAC should stick to its legal powers. They should punish wrongdoers, not freely accessible software resources. […]
FTX’s Sam Bankman-Fried Found Guilty Of All Seven Fraud Charges
A New York jury found Sam Bankman-Fried, the founder and former CEO of FTX exchange and Alameda Research, guilty of all seven counts of conspiracy, money laundering, and fraud. It was announced Thursday, following a five-week trial that thoroughly investigated the collapse of one of the largest crypto exchanges and its affiliated trading firm, which […]
Judge Denies SEC’s Request To Appeal Ripple Verdict
District court judge Analisa Torres rejected the SEC’s request to Ripple appeal. She stated that the regulatory body failed to present substantial grounds for a differing perspective. Furthermore, District Court Judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to appeal its loss against Ripple Labs. Ripple Labs, the company […]