Supreme Court

Telegram representatives insist that Gram tokens are not a security, and they petition for the court to reject the restriction on their distribution imposed by the US Securities and Exchange Commission (SEC). This writes Financefeeds. As you know, earlier in October, the SEC through a federal court achieved a temporary ban on the distribution of Gram cryptocurrency among investors. According to the regulator, […]

The stablecoin issuer Tether and its affiliate Bitfinex bitcoin exchange distributed statements on Saturday, October 5, according to which both companies expect “unfounded” lawsuits to be filed against them alleging market manipulation of the USDT token. It is assumed that the so-called “unpublished and unexplored community” study will form the basis of the claim. Both companies insist that all the arguments that will be […]

Bitfinex Cryptocurrency Exchange and Tether complained that they already spent about $ 500,000 on the collection of documents requested by the New York State Attorney General’s Office (NYAG). Nevertheless, the prosecutor's office does not consider their demands too burdensome, reports CoinDesk. Thus, in a letter to the court, the department notes that it requested only the information from the defendants that “should be ready […]

On July 29, Joel Cohen, a judge at the New York State Supreme Court, decided not to make a final decision in the case of the State Attorney’s Office (NYAG) against the Bitfinex exchange. This means that at least one more meeting will take place, and the court will continue to consider the case for the next 90 days, reports The Block. So, in April, the prosecutor's office has made prescriptions against companies Bitfinex and Tether, […]

The New York State Attorney General’s Office (NYAG) has again filed accusations against the Bitfinex cryptocurrency exchange and Tether. This time, the agency saw signs of unregistered securities in UNUS SED LEO tokens. It is reported by CoinDesk. “The recent“ initial exchange offer ”has signs of issuing securities that are subject to Martin law. There is reason to believe that the release of LEO tokens […]

The Federal Bureau of Investigation (FBI) appealed to former QuadrigaCX users of the Bitcoin exchange, who suffered as a result of its collapse, to help with establishing the circumstances of the incident. Reported by the Cointelegraph. In particular, a questionnaire has been published on the agency’s website, the answers to which the FBI plans to use as part of an ongoing investigation. Among other things, users are asked to report logins on QuadrigaCX and clarify whether they passed […]

The judge of the Supreme Court of the State of New York, Joel Cohen, satisfied the demand of the lawyers of the Bitfinex exchange and Tether Limited, by allowing them to submit only those documents that the State Office of Public Prosecutor has the right to demand within its jurisdiction. It is May 22, 2019, in particular, the respondents are in another […]