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Litigation Daily

Litigators of the Week: The Defense Team that Showed Ripple's XRP Isn't 'In and Of Itself' a Security

The eyes of the cryptocurrency industry have been on the SEC's case with Debevoise and Kellogg Hansen representing Ripple Labs and Cleary and Paul Weiss representing company executives.
11 minute read

National Law Journal

Existing Securities Laws Insufficient for Crypto, Former SEC Commissioners Say

Ex-commissioners also voice reservations about the SEC's proposed climate-disclosure rule, saying it might exceed the agency's authority.
5 minute read

New York Law Journal

'Coming After Crypto Platforms of All Kinds': Do Celsius Charges Point to Rising Temperature for Enforcement?

Kasten argued that the best way to protect investors would be to provide cryptocurrency platforms with a path to registration, but federal regulators have so far failed to do so.
4 minute read

National Law Journal

'Ripple' Effect: Long-Awaited Crypto Decision Seen as Reigniting Struggling Market 

"Regulation by enforcement has worked for them so far but now they have a decision against their main theories," said Winston & Strawn senior associate Thania Charmani.
5 minute read

New York Law Journal

Celsius Founder Pleads Not Guilty to Fraud, Market Manipulation in Manhattan Federal Court

Prosecutors in the U.S. Attorney's Office for the Southern District of New York accused Mashinsky of portraying Celsius as a secure "bank" for crypto deposits while actually operating the company as a investment fund whose risks were not disclosed to customers.
4 minute read

New York Law Journal

Identifying, Tracking, and Valuing Cryptocurrency for Litigation Matters

Crypto has value in the financial market and can be identified, traced, and valued by skilled forensic accountants with experience in financial litigation matters.
7 minute read

National Law Journal

Arguing Class Actions: Cryptocurrency Class Litigation: Surviving Jurisdictional Challenges

Establishing personal jurisdiction over defendants in cryptocurrency class actions in the U.S. requires an embrace of innovative solutions that account for the unique characteristics of this digital landscape.
7 minute read

Corporate Counsel

Binance GC Exits as Regulators Up Scrutiny of Crypto Exchange

Hon Ng, who was a senior Uber attorney before joining Binance in 2020, is stepping aside at Binance amid a Department of Justice investigation of the company.
3 minute read

Litigation Daily

Litigator of the Week: In Election Law and Arbitration Cases, Big Wins for Neal Katyal and Hogan Lovells at SCOTUS

Katyal, who crossed the 50-argument threshold at the U.S. Supreme Court earlier this year, scored major wins for cryptocurrency exchange Coinbase and the watchdog group Common Cause.
13 minute read

Corporate Counsel

Lawsuit Claims Accused FTX 'Fixer' Daniel Friedberg Silenced Whistleblowers, Enabled Fraud at Bankrupt Crypto Exchange

A lawsuit against Sam Bankman-Fried's so-called "fixer" Daniel Friedberg says the former FTX lawyer breached his duty "to ensure that proper safeguards were in place to prevent FTX insiders from looting the company."
3 minute read

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