Callisto Network

A decentralized open source crypto platform based on the go-Ethereum source code with its own cryptocurrency ‘CLO’

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Stay updated with the latest news, social media updates, and information about %name%. Gain valuable insights into market trends and stay informed about the vibrant community discussions.

%name%: Latest News, Social Media Updates and Insights

Yesterday, September 13, the US Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC for conducting an unregistered offering of crypto asset securities. The offering, in the form of non-fungible tokens (NFTs), raised approximately $8 million to finance an animated web series called Stoner Cats. The SEC’s latest action has drawn sharp criticism from […]

Bitcoinist

Ripple CLO Slams Latest SEC Action As ‘PR Stunt’

The post SEC Will Lose if Taken to Court Says Ripple CLO Amid $1 Million Stoner Cats NFT Settlement appeared first on Coinpedia Fintech News
Stoner Cats 2 LLC, the entity behind the animated series, has agreed to pay a $1 million settlement to the U.S. Securities and Exchange Commission (SEC). The SEC charged the company with illegally raising about $8 million from the sale of more than 10,000 NFTs within a mere 35 minutes on July 27, 2021. Notably, …

Coinpedia

SEC Will Lose if Taken to Court Says Ripple CLO Amid $1 Million Stoner Cats NFT Settlement

Renowned crypto attorney John Deaton praised Ripple’s Chief Legal Officer, Stuart Alderoty, on his quick humor regarding SEC’s former Director of Corporation Finance Bill Hinman’s promotion. On September 12, a Twitter user shared that Bill Hinman, who initially joined venture capital firm Andreessen Horowitz (a16z) as an advisory partner to the crypto team, was promoted […]
The post Ripple Legal Head Calls Out Former SEC Director on Malpractice appeared first on Coin Edition.

CoinEdition

Ripple Legal Head Calls Out Former SEC Director on Malpractice

The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform argued that the court should not certify the commission’s interlocutory appeal. On September 1, Ripple […]

SEC Vs. Ripple: Commission Urges Court To Grant Appeal Request In Latest Filing

The post XRP News: Ripple CLO Calls SEC Filing a “Hypocritical Pivot” appeared first on Coinpedia Fintech News
The SEC has filed another interlocutory appeal—designed to seek preliminary judicial review—to further its case against Ripple. Stuart Alderoty, Ripple’s Chief Legal Officer, wasted no time labeling the SEC’s recent interlocutory appeal filing as “hypocritical.” Alderoty, who also serves as general counsel in the lawsuit, doubled down on the SEC’s Chairman Gary Gensler’s seemingly inconsistent …

XRP News: Ripple CLO Calls SEC Filing a “Hypocritical Pivot”

The post Ripple vs. SEC: “Even the Supreme Court Can’t Tame the SEC” appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) filed a reply memorandum, seeking an intermediary appeal to challenge the progress of the case, even accusing Ripple of prolonging the legal process for its own benefit. Crypto influencer Mr. Huber makes a statement, warning that even a Supreme Court ruling might not be enough to rein in …

Ripple vs. SEC: “Even the Supreme Court Can’t Tame the SEC”

The U.S. Securities and Exchange Commission (SEC) filed a memorandum to further support its motion for an interlocutory appeal and against Ripple’s requests to the court to reject an interlocutory appeal. Ripple chief legal officer Stuart Alderoty, who is also general counsel in the U.S. SEC v. Ripple Labs lawsuit, calls the new filing “another 
The post US SEC Interlocutory Filing Is “Hypocritical” And Has No Impact, Says Ripple CLO appeared first on CoinGape.

Coingape

US SEC Interlocutory Filing Is “Hypocritical” And Has No Impact, Says Ripple CLO

Top executives at Grayscale have asked to meet with the U.S. Securities and Exchange Commission (SEC) to discuss a planned spot Bitcoin ETF. The company’s legal team sent a letter to the SEC on Sept. 5, writing: “We would appreciate the opportunity to meet with the staff of the [SEC] as soon as practical to […]
The post Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversion appeared first on CryptoSlate.

CryptoSlate

Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversion

The battle between the Securities and Exchange Commission (SEC) and Ripple Labs over the regulatory status of XRP took a dramatic turn last week. The latest powerplay? A Hail Mary interlocutory appeal from the authority. The agency tried appealing a past court decision allowing Ripple to use a “fair notice” defense. However, prominent lawyers vehemently […]

Ripple Lawyer, Coinbase CLO Believe SEC’s Interlocutory Appeal Will Get Rejected

In its latest court filing, the legal team representing Ripple Labs – the company behind the XRP token – argued that the United States Securities and Exchange Commission (SEC) doesn’t have the grounds to request an appeal. This comes as the SEC looks to dispute Ripple’s partial victory after Judge Annalisa Torres ruled – in […]

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