SEC vs. Binance: Court rules BNB sales, cryptocurrencies not securities

In a major win for the crypto industry, a federal court ruled that cryptocurrency tokens themselves are not securities.

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Australian court rules against Qoin issuer BPS Financial on 4 charges

Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC.

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Binance.US wins appeal to reinstate Florida money services license

Just because you can do something doesnt mean you should, a state appeal court told the Florida Office of Financial Regulation.

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Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom

A Montenegrin high court judge has reportedly invalidated the bail application of Do Kwon, the co-founder of Terraform Labs. Kwon was detained for providing false identification while boarding a flight to Dubai alongside a companion on March 23, 2023. Terraform Labs Co-Founder’s Bail Request Invalidated by Montenegrin High Court For the past 62 days, Do [...]

The post Terraform Labs CEO Do Kwon Denied Bail by Montenegrin High Court; Extradition Requests Loom appeared first on Crypto Breaking News.

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South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security

Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent enforcement action by the U.S. Securities [...]

The post South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security appeared first on Crypto Breaking News.

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Tether Asks Court to Protect Private Companies’ Confidential Information

Crypto industry media company, CoinDesk, has formally joined a legal case involving stablecoin operator Tether and the New York Attorney General’s office.

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Hong Kong court rules for investors in JPEX cryptocurrency fraud case

This was the first case against JPEX, which operated in Hong Kong without a license.

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