Law

Coinbase, one of the leading cryptocurrency exchanges, and its CEO, Brian Armstrong, face a new legal challenge. A new class-action lawsuit alleges that investors were misled into purchasing securities and that the company’s business model violates state laws. The lawsuit, filed in the United States District Court for the Northern District of California San Francisco […]

Ripple legal chief officer Stuart Alderoty disclosed the settlement offer from the US Securities and Exchange Commission (SEC) prior to the lawsuit the agency filed against the blockchain-powered payment company. On Dec. 22, 2020, the SEC accused Ripple’s co-founder, Christian Larsen, and CEO, Bradley Garlinghouse, of offering and selling XRP as an unregistered security. The […]