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Tag: lawsuit

Judge Dismisses Antitrust Suit Against Apple Over Apple Cash

US District Judge has dismissed an antitrust lawsuit targeting Apple, where Venmo and Cash App users claimed Apple Cash had an anti-competitive edge....

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U.S. Judge Rules SEC Lawsuit Against Coinbase Can Move Forward – The Defiant

The judge has ruled that through its staking program, Coinbase has operated as an unregistered intermediary of securities.A federal judge in Manhattan on Wednesday...

SEC demands US$2 bln from Ripple Labs

The U.S. Securities and Exchange Commission (SEC) is demanding US$2 billion in fines from Ripple Labs Inc.The request is part of a lawsuit initiated...

DeFi group, apparel company sue SEC over crypto token classification

The DeFi Education Fund and Texas-based apparel company Beba have filed a lawsuit against the U.S. Securities and Exchange Commission demanding a legal declaration...

KuCoin and Founders Face US Prosecution over Alleged AML Violations

US federal prosecutors announced charges against crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the...

How the Value-Added Services of Loyalty 2.0 Could Help Offset Interchange Revenue Contraction

Interchange revenue constriction for card issuers and banks is likely to result from the settlement between Visa, Mastercard, and U.S. merchants reducing rates and...

Visa Strikes Deal with US Merchants to Cap Swipe Fees for Five Years

After nearly two decades of legal tussle, Visa has reached a settlement with U.S. merchants to reduce credit interchange rates and cap these rates until 2030....

SEC Faces Lawsuit Seeking To Exempt Airdrops From Securities Classification – The Defiant

The DeFi Education Fund teamed up with Beba Collection, a small apparel company, in a bid to get regulatory clarity from the courts on...

SEC Brands Terraform Labs a “House of Cards” as Civil Trial Commences

SEC accuses Terraform Labs of constructing a fraudulent empire, with the civil trial beginning over a year after the lawsuit was filed. The United...

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