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Extradition of collapsed crypto founder Do Kwon approved

A court in Montenegro has approved extradition of Do Kwon, the cryptocurrency entrepreneur behind the crash of two digital currencies (TerraUSD and Luna), to either South Korea or the US.Kwon was arrested in the country in March after being . ....

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Ripple Surges As Judge Overrules SEC's Attempt To Appeal Court Decision

Ripple Surges As Judge Overrules SEC's Attempt To Appeal Court Decision
biztechafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztechafrica.com Daily Mail and Mail on Sunday newspapers.

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Ripple's Victory: US Judge Denies SEC's Attempt to Appeal Ruling on Digital Tokens

Federal judge Analisa Torres, presiding over the Southern District of New York, issued her decision on Wednesday, focusing on a case involving Ripple Labs and its XRP token. ....

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US SEC cannot appeal Ripple Labs decision, judge rules By Reuters

US SEC cannot appeal Ripple Labs decision, judge rules By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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US SEC cannot appeal Ripple Labs decision, judge rules

A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been seen as a major defeat for the regulator in its effort to police cryptocurrency markets. In her July 13 decision, U.S. District Judge Analisa Torres in Manhattan had ruled that the sale of Ripple's XRP digital token on public exchanges complied with federal securities laws because purchasers had no reasonable expectation of profit based on Ripple's efforts. The SEC had sought permission to appeal Torres' findings about "programmatic" sales of XRP and about "other distributions" of XRP as a means of payment for services, saying an appeal would be important to a "large number" of lawsuits. ....

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