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The NFT market has posted a recovery with sales volume rising by 8.17% to $125.1 million. This marks a rebound from the previous week’s decline. Bitcoin (BTC) has surged to the $107,000 level. At the same time, Ethereum (ETH) has remained steady in the last seven days. The global crypto market cap is now $3.29 … Read more
Key Takeaways A federal judge denied Ripple and the SEC’s joint request to scrap a permanent injunction and reduce a $125 million penalty. The court emphasized that modifications to final judgments require extraordinary circumstances under Rule 60(b). Share this article A federal judge on Thursday denied a joint request from the SEC and Ripple Labs … Read more
One of the longest-running lawsuits in the crypto landscape could potentially come to a close as both parties seek to settle their disputes. Ripple and the US Securities and Exchange Commission (SEC) have jointly proposed to settle their $125 million civil penalty. According to the court filings shared by Fox Business journalist Elanor Terett on … Read more
Key Takeaways A judge rejected a proposed settlement that would have reduced Ripple’s penalty from $125 million to $50 million. Judge Analisa Torres emphasized that parties must show exceptional circumstances to vacate a final judgment. Share this article A federal judge has denied a joint request by the SEC and Ripple Labs to approve a … Read more
Key Takeaways A Trump-backed entity, World Liberty, reportedly sold 5,471 ETH at a loss. World Liberty’s ETH investment initially purchased at $3,259 per token, is now facing a $125 million loss. Share this article A wallet possibly linked to World Liberty Financial, the DeFi project endorsed by the Trump family, may have offloaded 5,471 ETH … Read more
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