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Bitcoin Mining Under Attack?! Patent Lawsuit Shakes the Crypto World!
A company called Malikie Innovations, which bought a bunch of patents from BlackBerry last year, is now suing Bitcoin mining giants Marathon Digital and Core Scientific. They're claiming these miners are using encryption tech that Malikie now owns. 🤯
Could this affect Bitcoin users? Probably not individuals, but these lawsuits could seriously hurt the big mining operations. If Malikie wins, they could get royalties and potentially even bankrupt some miners! 😬
This could even threaten the Bitcoin network's security if Malikie goes after everyone. Some experts think they might just want to collect fees until the patents expire, but who knows? 🤔
It's not the first time Bitcoin's faced legal challenges. Let's see how this plays out!
What do you think of this?
Follow for exclusive analysis!
#Mining #Patents #Bitcoin #Lawsuit #Crypto
Could this affect Bitcoin users? Probably not individuals, but these lawsuits could seriously hurt the big mining operations. If Malikie wins, they could get royalties and potentially even bankrupt some miners! 😬
This could even threaten the Bitcoin network's security if Malikie goes after everyone. Some experts think they might just want to collect fees until the patents expire, but who knows? 🤔
It's not the first time Bitcoin's faced legal challenges. Let's see how this plays out!
What do you think of this?
Follow for exclusive analysis!
#Mining #Patents #Bitcoin #Lawsuit #Crypto
🏛 SEC Shifts Gears: Clear Rules Over Lawsuits! ⚖️
▶️ Hit Play to Discover More!
#SEC #Lawsuit #Crypto #PaulAtkins #Regulations
▶️ Hit Play to Discover More!
#SEC #Lawsuit #Crypto #PaulAtkins #Regulations
🚨 Binance's Biggest Victory: A New Era for Crypto 🚨
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Binance and founder Changpeng Zhao. This move signifies a significant shift in U.S. crypto regulation, aligning with the Trump administration's more favorable stance toward digital assets.
Binance's CEO, Richard Teng, emphasized the importance of clear regulations, stating that with U.S. support, cryptocurrencies have gained legitimacy, prompting governments and sovereign funds to reconsider their reserve allocations.
This development is a massive win for the crypto industry, potentially paving the way for increased institutional adoption and market growth.
#binance #BinanceAlphaAlert #lawsuit
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Binance and founder Changpeng Zhao. This move signifies a significant shift in U.S. crypto regulation, aligning with the Trump administration's more favorable stance toward digital assets.
Binance's CEO, Richard Teng, emphasized the importance of clear regulations, stating that with U.S. support, cryptocurrencies have gained legitimacy, prompting governments and sovereign funds to reconsider their reserve allocations.
This development is a massive win for the crypto industry, potentially paving the way for increased institutional adoption and market growth.
#binance #BinanceAlphaAlert #lawsuit
SEC Drops Lawsuit Against Binance and CZ: A Landmark Victory for Crypto
In a pivotal development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against Binance and its founder, Changpeng "CZ" Zhao. The case, initiated in 2023, accused Binance of operating an unregistered exchange and deceiving investors. The dismissal, filed with prejudice, ensures that the SEC cannot refile the same charges in the future.
This decision signifies a notable shift in the U.S. regulatory approach toward digital assets. Under the Trump administration, the SEC, now led by Chairman Paul Atkins, has adopted a more collaborative stance, emphasizing innovation and regulatory clarity. This change is further evidenced by the establishment of a new "crypto task force" aimed at developing a framework conducive to the growth of the crypto sector .
The crypto community has largely welcomed the dismissal. Binance hailed it as a "huge win for crypto," reflecting the industry's optimism for a more supportive regulatory environment . This sentiment is echoed by other major players, who view the move as a step toward greater legitimacy and stability in the crypto market.
Despite this legal victory, Binance continues to navigate challenges. The exchange previously resolved a separate case with the Department of Justice by paying a $4.3 billion fine, with CZ stepping down as CEO and serving a four-month prison sentence for violating anti-money laundering laws . Nevertheless, Binance maintains its position as the world's largest cryptocurrency exchange, boasting over 200 million users and managing assets totaling $100 billion .
The SEC's dismissal of the lawsuit against Binance and CZ marks a significant moment in the evolving relationship between regulators and the crypto industry. As the U.S. moves toward a more defined and supportive regulatory framework, the crypto sector stands poised for renewed growth and innovation.
#TradingTypes101 #SEC #BİNANCE #CZ #lawsuit
$BNB
This decision signifies a notable shift in the U.S. regulatory approach toward digital assets. Under the Trump administration, the SEC, now led by Chairman Paul Atkins, has adopted a more collaborative stance, emphasizing innovation and regulatory clarity. This change is further evidenced by the establishment of a new "crypto task force" aimed at developing a framework conducive to the growth of the crypto sector .
The crypto community has largely welcomed the dismissal. Binance hailed it as a "huge win for crypto," reflecting the industry's optimism for a more supportive regulatory environment . This sentiment is echoed by other major players, who view the move as a step toward greater legitimacy and stability in the crypto market.
Despite this legal victory, Binance continues to navigate challenges. The exchange previously resolved a separate case with the Department of Justice by paying a $4.3 billion fine, with CZ stepping down as CEO and serving a four-month prison sentence for violating anti-money laundering laws . Nevertheless, Binance maintains its position as the world's largest cryptocurrency exchange, boasting over 200 million users and managing assets totaling $100 billion .
The SEC's dismissal of the lawsuit against Binance and CZ marks a significant moment in the evolving relationship between regulators and the crypto industry. As the U.S. moves toward a more defined and supportive regulatory framework, the crypto sector stands poised for renewed growth and innovation.
#TradingTypes101 #SEC #BİNANCE #CZ #lawsuit
$BNB
🚨🚨 BINANCE Lawsuit got DISMISSED By US SEC What Will Happen Next? 🚨🚨
After nearly three years of legal back-and-forth, the US Securities and Exchange Commission (SEC) is shutting down its case against Binance. Both parties have submitted a joint filing, bringing the long-running Binance lawsuit to a close.
The US SEC Voluntarily Ends Binance Lawsuit
Early reports trickling in reveal that the US SEC is bringing down the curtains on its lawsuit against Binance and its founder, Changpeng Zhao.
According to a Reuters report, the SEC has reached an agreement with Binance to voluntarily dismiss the drawn-out case.
Parties formally filed a joint stipulation of dismissal in a US federal court in Washington, signed by their legal representatives. Going forward, the SEC’s decision to call a truce on the Binance lawsuit signals an end to the era of crypto regulation by enforcement.
"Huge win for crypto today. The SEC’s case against us is dismissed.
Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track – and it’s just the beginning.
— Binance (@binance) May 29, 2025"
In a separate statement, the Commission described the dismissal as appropriate, tagging it an exercise of its discretion. The court filings reveal that the SEC’s dismissal is with prejudice, limiting the securities watchdog from reopening the case against the largest cryptocurrency exchange.
Back in 2023, the SEC accused Binance of breaching US capital market laws, listing tokens the Commission deemed securities. Furthermore, the SEC alleged that the exchange mishandled customer funds and illegally inflated trading volumes.
The lawsuit dismissal follows a streak of regulatory and innovation wins by the exchange, with Binance recently unveiling a new real-time trading feature.
#MarketPullback #TrumpTariffs #SEC #Binance #lawsuit
After nearly three years of legal back-and-forth, the US Securities and Exchange Commission (SEC) is shutting down its case against Binance. Both parties have submitted a joint filing, bringing the long-running Binance lawsuit to a close.
The US SEC Voluntarily Ends Binance Lawsuit
Early reports trickling in reveal that the US SEC is bringing down the curtains on its lawsuit against Binance and its founder, Changpeng Zhao.
According to a Reuters report, the SEC has reached an agreement with Binance to voluntarily dismiss the drawn-out case.
Parties formally filed a joint stipulation of dismissal in a US federal court in Washington, signed by their legal representatives. Going forward, the SEC’s decision to call a truce on the Binance lawsuit signals an end to the era of crypto regulation by enforcement.
"Huge win for crypto today. The SEC’s case against us is dismissed.
Thank you to Chairman Atkins & the Trump team for pushing back against regulation by enforcement. U.S. innovation is back on track – and it’s just the beginning.
— Binance (@binance) May 29, 2025"
In a separate statement, the Commission described the dismissal as appropriate, tagging it an exercise of its discretion. The court filings reveal that the SEC’s dismissal is with prejudice, limiting the securities watchdog from reopening the case against the largest cryptocurrency exchange.
Back in 2023, the SEC accused Binance of breaching US capital market laws, listing tokens the Commission deemed securities. Furthermore, the SEC alleged that the exchange mishandled customer funds and illegally inflated trading volumes.
The lawsuit dismissal follows a streak of regulatory and innovation wins by the exchange, with Binance recently unveiling a new real-time trading feature.
#MarketPullback #TrumpTariffs #SEC #Binance #lawsuit
Coinbase Hit by $400M Scandal – Investors Furious Over Hidden Data Breach!
🚨 Coinbase in Hot Water! Investors Sue Over Hidden Breaches & Stock Crash 💥📉
Coinbase, one of the world’s biggest crypto exchanges, is now facing a storm of lawsuits 🌪️ from angry investors who claim they lost big money after the company failed to reveal a major data breach and a regulatory violation in the UK 😱. The lawsuits accuse Coinbase of hiding critical info from shareholders, including a December 2024 hack where insiders were allegedly bribed to hand over users’ private data! When Coinbase finally came clean on May 15, its stock plunged 7.2%, sparking panic among investors 📉💸.
That’s not all! Coinbase’s UK branch was fined $4.5 million for breaking an agreement with the Financial Conduct Authority (FCA), by onboarding 13,000+ high-risk users 😬. Investors say this violation wasn’t revealed when the company went public in 2021, and that the stock was "artificially inflated" due to these coverups 🧾⚖️. One of the lawsuits even claims Coinbase’s market value has been taking repeated hits—from $231 to $244, all linked to these controversies. Despite a brief bounce back, the damage has been done 💔📊.
The lawsuits, filed by investors like Brady Nessler, demand damages and a jury trial, holding CEO Brian Armstrong and CFO Alesia Haas personally accountable 🔍. Coinbase could now be on the hook for up to $400 million in costs! 😨💰 To make matters worse, this isn't the only case—at least six other lawsuits have emerged, including one alleging unauthorized biometric data collection. As trust wobbles, many are now wondering: Is Coinbase still a safe bet—or is this the beginning of a bigger crash? 🚨💥 Let us know what you think! 👇🗣️
#CoinbaseExchange. #BTCPrediction #lawsuit #scam $BTC
Coinbase, one of the world’s biggest crypto exchanges, is now facing a storm of lawsuits 🌪️ from angry investors who claim they lost big money after the company failed to reveal a major data breach and a regulatory violation in the UK 😱. The lawsuits accuse Coinbase of hiding critical info from shareholders, including a December 2024 hack where insiders were allegedly bribed to hand over users’ private data! When Coinbase finally came clean on May 15, its stock plunged 7.2%, sparking panic among investors 📉💸.
That’s not all! Coinbase’s UK branch was fined $4.5 million for breaking an agreement with the Financial Conduct Authority (FCA), by onboarding 13,000+ high-risk users 😬. Investors say this violation wasn’t revealed when the company went public in 2021, and that the stock was "artificially inflated" due to these coverups 🧾⚖️. One of the lawsuits even claims Coinbase’s market value has been taking repeated hits—from $231 to $244, all linked to these controversies. Despite a brief bounce back, the damage has been done 💔📊.
The lawsuits, filed by investors like Brady Nessler, demand damages and a jury trial, holding CEO Brian Armstrong and CFO Alesia Haas personally accountable 🔍. Coinbase could now be on the hook for up to $400 million in costs! 😨💰 To make matters worse, this isn't the only case—at least six other lawsuits have emerged, including one alleging unauthorized biometric data collection. As trust wobbles, many are now wondering: Is Coinbase still a safe bet—or is this the beginning of a bigger crash? 🚨💥 Let us know what you think! 👇🗣️
#CoinbaseExchange. #BTCPrediction #lawsuit #scam $BTC
Anatoly Aksakov, the Chairman of the Russian State Duma Financial Market Committee, has unveiled a pivotal timeline for the enactment of comprehensive cryptocurrency legislation in Russia. He announced an ambitious target: the legislation is anticipated to solidify into law within the first half of 2024. This proclamation comes as a response to the evolving landscape of cryptocurrencies within the country, indicating a strategic and deliberate move towards regulatory clarity and oversight in an otherwise burgeoning but uncertain sector.
Aksakov emphasized the necessity for regulations that address cryptocurrency mining and circulation, areas that have seen significant growth and engagement within Russia's considerable market. Notably, key stakeholders in the crypto sphere within the nation have expressed their openness and preparedness to abide by regulatory frameworks, including the willingness to comply with tax obligations. This marked willingness to operate within a regulated space signifies a shift in the industry's perception, with major players advocating for clarity and legitimacy in their operations.
The impending legislation is poised to fill a critical void, aiming to provide a structured framework governing the crypto realm in Russia. Its introduction signals the government's acknowledgement of the importance of these digital assets within the economic landscape and the need to establish clear guidelines for their legal operation. The move toward regulation reflects an earnest attempt to balance innovation and risk management, aiming to foster a healthy and sustainable ecosystem for cryptocurrencies within the country's financial sphere.
#lawsuit #MARKET
Aksakov emphasized the necessity for regulations that address cryptocurrency mining and circulation, areas that have seen significant growth and engagement within Russia's considerable market. Notably, key stakeholders in the crypto sphere within the nation have expressed their openness and preparedness to abide by regulatory frameworks, including the willingness to comply with tax obligations. This marked willingness to operate within a regulated space signifies a shift in the industry's perception, with major players advocating for clarity and legitimacy in their operations.
The impending legislation is poised to fill a critical void, aiming to provide a structured framework governing the crypto realm in Russia. Its introduction signals the government's acknowledgement of the importance of these digital assets within the economic landscape and the need to establish clear guidelines for their legal operation. The move toward regulation reflects an earnest attempt to balance innovation and risk management, aiming to foster a healthy and sustainable ecosystem for cryptocurrencies within the country's financial sphere.
#lawsuit #MARKET
👉👉👉 #Ripple💰 vs. #SEC Ends: Can Individuals Pursue a Class-Action #lawsuit ? John Deaton Calls It ‘Challenging’
Ripple’s lengthy legal battle with the SEC has finally concluded, marking a significant win for the crypto industry. The case, which revolved around whether $XRP should be classified as a security, ended with Ripple agreeing to a reduced fine of $25 million—far lower than the original $2 billion. While Ripple can continue its global operations, it faces restrictions on selling XRP to U.S. institutions.
In a surprising turn, the SEC issued an apology for mischaracterizing XRP, sparking questions about the agency’s regulatory approach. Ripple’s victory is viewed as a major positive for the crypto market, with growing optimism about XRP’s future prospects.
On the Good Morning Crypto Show, attorney John Deaton, who represented over 75,000 XRP holders, was asked whether a class-action lawsuit could be filed against the SEC for allegedly bringing a false case against Ripple.
Can the SEC Be Held Accountable?
- Deaton explained that suing a government agency like the SEC is challenging. While lawsuits have been filed against the SEC before, they typically encounter significant obstacles. When the issue is negligence or poor regulation, it’s generally hard to hold the agency legally responsible. The law doesn’t usually permit suing a regulatory body for simply failing to perform well.
The Role of the Inspector General’s Investigation
- However, Deaton pointed out that an ongoing investigation by the Inspector General (IG) could change the situation. If the investigation uncovers gross misconduct, such as deliberate deception or abuse of discretion, it could open the door for legal action. For example, claims of regulatory capture—where a regulator acts in favor of certain companies at the expense of others—might be explored. Still, Deaton emphasized that the road to such a lawsuit is difficult and would depend heavily on the findings of the IG report.
Source - coinpedia.org
#CryptoNewsCommunity #BinanceSquareTalks
Ripple’s lengthy legal battle with the SEC has finally concluded, marking a significant win for the crypto industry. The case, which revolved around whether $XRP should be classified as a security, ended with Ripple agreeing to a reduced fine of $25 million—far lower than the original $2 billion. While Ripple can continue its global operations, it faces restrictions on selling XRP to U.S. institutions.
In a surprising turn, the SEC issued an apology for mischaracterizing XRP, sparking questions about the agency’s regulatory approach. Ripple’s victory is viewed as a major positive for the crypto market, with growing optimism about XRP’s future prospects.
On the Good Morning Crypto Show, attorney John Deaton, who represented over 75,000 XRP holders, was asked whether a class-action lawsuit could be filed against the SEC for allegedly bringing a false case against Ripple.
Can the SEC Be Held Accountable?
- Deaton explained that suing a government agency like the SEC is challenging. While lawsuits have been filed against the SEC before, they typically encounter significant obstacles. When the issue is negligence or poor regulation, it’s generally hard to hold the agency legally responsible. The law doesn’t usually permit suing a regulatory body for simply failing to perform well.
The Role of the Inspector General’s Investigation
- However, Deaton pointed out that an ongoing investigation by the Inspector General (IG) could change the situation. If the investigation uncovers gross misconduct, such as deliberate deception or abuse of discretion, it could open the door for legal action. For example, claims of regulatory capture—where a regulator acts in favor of certain companies at the expense of others—might be explored. Still, Deaton emphasized that the road to such a lawsuit is difficult and would depend heavily on the findings of the IG report.
Source - coinpedia.org
#CryptoNewsCommunity #BinanceSquareTalks
SEC Crackdown Misses Yet Again: A Look at the Kraken Lawsuit.
In my Opinion, the Kraken case puts a spotlight on bigger problems in how the U.S regulates cryptocurrencies.
In the ongoing showdown between the United States Securities and Exchange Commission (SEC) and Kraken, a major cryptocurrency exchange, the regulatory body seems stuck in a familiar loop of challenges. As we dive into the legal drama, it becomes clear that this struggle isn’t just a replay of past failures but a sign of deeper issues within the regulatory world.
The lawsuit, filed in November, claims Kraken operated as an unregistered securities exchange, echoing the SEC’s past struggles in the crypto realm. This legal clash bears a resemblance to the SEC’s previous run-ins with Coinbase, showing a pattern of assertive regulation that misses the quirks of the cryptocurrency universe.
Both cases revolve around accusations of unregistered securities exchanges, highlighting a basic misunderstanding of how cryptocurrency exchanges work. Unlike traditional stock markets, Kraken and similar platforms deal with a mix of digital assets that don’t fit neatly into existing regulatory boxes.
This mislabeling reveals the SEC’s lack of understanding about cryptocurrencies, which operate as decentralized entities with features akin to utility or currency.
The SEC’s tough stance might push crypto businesses to friendlier shores, a phenomenon called regulatory arbitrage. This potential exodus poses a risk to the U.S.’s position as a tech innovation leader.
Beyond the legal battle, the Kraken case puts a spotlight on bigger problems in how the U.S regulates cryptocurrencies. Experts urge the SEC to ditch old tactics and connect with the crypto industry in a smart and helpful way.
Regulation is vital, but it has to be sensible, well-informed, and crafted to boost innovation, not smother it. Now, it’s up to the SEC to show it can keep up with the ever-changing world of cryptocurrencies.
#SECvsCrypto #Kraken #SECImpact #lawsuit #KrakenSECsuit
$XRP $SOL $BTC
In my Opinion, the Kraken case puts a spotlight on bigger problems in how the U.S regulates cryptocurrencies.
In the ongoing showdown between the United States Securities and Exchange Commission (SEC) and Kraken, a major cryptocurrency exchange, the regulatory body seems stuck in a familiar loop of challenges. As we dive into the legal drama, it becomes clear that this struggle isn’t just a replay of past failures but a sign of deeper issues within the regulatory world.
The lawsuit, filed in November, claims Kraken operated as an unregistered securities exchange, echoing the SEC’s past struggles in the crypto realm. This legal clash bears a resemblance to the SEC’s previous run-ins with Coinbase, showing a pattern of assertive regulation that misses the quirks of the cryptocurrency universe.
Both cases revolve around accusations of unregistered securities exchanges, highlighting a basic misunderstanding of how cryptocurrency exchanges work. Unlike traditional stock markets, Kraken and similar platforms deal with a mix of digital assets that don’t fit neatly into existing regulatory boxes.
This mislabeling reveals the SEC’s lack of understanding about cryptocurrencies, which operate as decentralized entities with features akin to utility or currency.
The SEC’s tough stance might push crypto businesses to friendlier shores, a phenomenon called regulatory arbitrage. This potential exodus poses a risk to the U.S.’s position as a tech innovation leader.
Beyond the legal battle, the Kraken case puts a spotlight on bigger problems in how the U.S regulates cryptocurrencies. Experts urge the SEC to ditch old tactics and connect with the crypto industry in a smart and helpful way.
Regulation is vital, but it has to be sensible, well-informed, and crafted to boost innovation, not smother it. Now, it’s up to the SEC to show it can keep up with the ever-changing world of cryptocurrencies.
#SECvsCrypto #Kraken #SECImpact #lawsuit #KrakenSECsuit
$XRP $SOL $BTC
⚡️ Cristiano Ronaldo has been sued for promoting unregistered securities
Pro football star Cristiano Ronaldo has been addressed with a proposed class-action lawsuit. The lawsuit claims that Ronaldo promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance. Back in 2022, Binance announced a multi-year NFT partnership with Cristiano Ronaldo.
#Cristiano #Cristianoronaldo #CristianoRonaldoNFT #lawsuit #NFTs💌🖼️🇩🇪
Pro football star Cristiano Ronaldo has been addressed with a proposed class-action lawsuit. The lawsuit claims that Ronaldo promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance. Back in 2022, Binance announced a multi-year NFT partnership with Cristiano Ronaldo.
#Cristiano #Cristianoronaldo #CristianoRonaldoNFT #lawsuit #NFTs💌🖼️🇩🇪
Cristiano Ronaldo faces $1bn lawsuit over Binance ads.
Footballer Cristiano Ronaldo is facing a class action lawsuit in the US over his promotion of Binance, the largest cryptocurrency exchange in the world.
The plaintiffs claim his endorsement led them to make loss-making investments.
They are seeking damages of "a sum exceeding" $1bn (£790m).
The BBC has contacted both Ronaldo's management company and Binance for comment.
In November 2022, Binance announced its first "CR7" collection of non-fungible tokens (NFTs) in partnership with Ronaldo, which the footballer said would reward fans "for all the years of support".
NFTs are virtual assets that can be bought and sold, but which have no real-world form of their own - in other words they only exist digitally. Generally, they are used to mark ownership of something, such as a picture or video online.
"CR7" refers to Ronaldo's initials and shirt number, and is used as branding in a range of products, from footwear to fragrances, that have helped make him one of the wealthiest athletes on earth.
In a social media video announcing the partnership, Ronaldo told would-be investors "we are going to change the NFT game and take football to the next level".
The cheapest NFT from the collection was priced at $77 when it went on sale in November 2022 - but one year later, it was priced at about $1.
The claimants allege that Ronaldo's promotion of Binance led to a "500% increase in searches" for the crypto exchange, which is registered in the Cayman Islands.
They also say it led people to use the firm to invest in what they call "unregistered securities" - such as Binance's BNB cryptocurrency.
According to the US Securities and Exchanges Commission (SEC), these assets can be considered securities - and so celebrities endorsing them must follow US law.
#BinanceLawsuit #Binance #CR7 #NFTMarketplaceInnovation #lawsuit
$BNB $BTC $ETH
Footballer Cristiano Ronaldo is facing a class action lawsuit in the US over his promotion of Binance, the largest cryptocurrency exchange in the world.
The plaintiffs claim his endorsement led them to make loss-making investments.
They are seeking damages of "a sum exceeding" $1bn (£790m).
The BBC has contacted both Ronaldo's management company and Binance for comment.
In November 2022, Binance announced its first "CR7" collection of non-fungible tokens (NFTs) in partnership with Ronaldo, which the footballer said would reward fans "for all the years of support".
NFTs are virtual assets that can be bought and sold, but which have no real-world form of their own - in other words they only exist digitally. Generally, they are used to mark ownership of something, such as a picture or video online.
"CR7" refers to Ronaldo's initials and shirt number, and is used as branding in a range of products, from footwear to fragrances, that have helped make him one of the wealthiest athletes on earth.
In a social media video announcing the partnership, Ronaldo told would-be investors "we are going to change the NFT game and take football to the next level".
The cheapest NFT from the collection was priced at $77 when it went on sale in November 2022 - but one year later, it was priced at about $1.
The claimants allege that Ronaldo's promotion of Binance led to a "500% increase in searches" for the crypto exchange, which is registered in the Cayman Islands.
They also say it led people to use the firm to invest in what they call "unregistered securities" - such as Binance's BNB cryptocurrency.
According to the US Securities and Exchanges Commission (SEC), these assets can be considered securities - and so celebrities endorsing them must follow US law.
#BinanceLawsuit #Binance #CR7 #NFTMarketplaceInnovation #lawsuit
$BNB $BTC $ETH
#OpenSea users have filed a class-action lawsuit claiming that #NFTs purchased on the platform may qualify as unregistered securities.
The lawsuit argues that OpenSea facilitated the sale of NFTs without proper disclosures required by securities laws, potentially misleading buyers about the investment risks involved.
The legal dispute could have significant implications for the NFT market if the court rules that these digital assets are indeed securities, potentially subjecting NFT platforms to more stringent regulations.
#nftmarket #lawsuit #TrendingTopic
The lawsuit argues that OpenSea facilitated the sale of NFTs without proper disclosures required by securities laws, potentially misleading buyers about the investment risks involved.
The legal dispute could have significant implications for the NFT market if the court rules that these digital assets are indeed securities, potentially subjecting NFT platforms to more stringent regulations.
#nftmarket #lawsuit #TrendingTopic
🚨 Former Ethereum Advisor Sues US Government For $96 Billion! 🚨
🔍 Steven Nerayoff, ex-Ethereum advisor, files lawsuit against US government, alleging 'malicious' investigation and prosecution.
💼 Seeking $96 billion in damages, Nerayoff accuses federal agents of conducting a 'collective phishing operation', involving subpoenas, surveillance, and wrongful arrest.
🕵️♂️ Previously arrested in 2019 for allegedly extorting 10,000 Ethereum from a crypto startup, Nerayoff's lawsuit spans four years, concluding in May 2023 when the US government dropped the charges.
👉 Stay tuned as this legal battle unfolds, reshaping the landscape of crypto-related prosecutions.
#Ethereum✅ #lawsuit 📉💼
🔍 Steven Nerayoff, ex-Ethereum advisor, files lawsuit against US government, alleging 'malicious' investigation and prosecution.
💼 Seeking $96 billion in damages, Nerayoff accuses federal agents of conducting a 'collective phishing operation', involving subpoenas, surveillance, and wrongful arrest.
🕵️♂️ Previously arrested in 2019 for allegedly extorting 10,000 Ethereum from a crypto startup, Nerayoff's lawsuit spans four years, concluding in May 2023 when the US government dropped the charges.
👉 Stay tuned as this legal battle unfolds, reshaping the landscape of crypto-related prosecutions.
#Ethereum✅ #lawsuit 📉💼
Influencer Logan Paul has filed a lawsuit against YouTuber Coffeezilla, accusing him of intentionally hiding exonerating evidence and making false, damaging statements about Paul’s involvement in the failed CryptoZoo game. The lawsuit, filed in San Antonio, claims Coffeezilla, whose real name is Stephen Findeisen, knowingly perpetuated falsehoods to boost his profile and income, despite possessing text messages that showed Paul's genuine concerns and good intentions regarding the game. #LoganPaul #Coffeezilla #CryptoZooGame #lawsuit
#XRPRise 🇺🇸 First NFT lawsuit to address fake job crypto scheme
📣 New York Attorney General Letitia James will become the first regulator to send a lawsuit notice via NFT.
The landmark case involves a $2.2 million fraud scheme offering remote work opportunities to U.S. residents.
NFTs containing links to court documents will be sent to the cryptocurrency wallets used by the criminals, whose identities remain unknown.
#lawsuit #LawsuitUpdate #NFT #ShareYourTrade
📣 New York Attorney General Letitia James will become the first regulator to send a lawsuit notice via NFT.
The landmark case involves a $2.2 million fraud scheme offering remote work opportunities to U.S. residents.
NFTs containing links to court documents will be sent to the cryptocurrency wallets used by the criminals, whose identities remain unknown.
#lawsuit #LawsuitUpdate #NFT #ShareYourTrade
🚨 Coinbase Faces Shareholder Lawsuit Over Alleged Bankruptcy Misrepresentation 🚨
Coinbase and its top executives are facing a shareholder lawsuit that accuses them of misleading investors about the risks associated with bankruptcy. The lawsuit, filed in a New Jersey federal court, alleges that Coinbase failed to disclose that customer assets could be considered part of the company's bankruptcy estate—potentially leaving retail investors as unsecured creditors in the event of insolvency.
The legal challenge also claims that Coinbase engaged in proprietary trading to counteract declining crypto prices, a risky practice that could impact financial stability. Additionally, it raises concerns over executives—including CEO Brian Armstrong—allegedly selling millions in company stock while knowing about these undisclosed risks.
With the SEC’s ongoing lawsuit against Coinbase and regulatory scrutiny intensifying, could these legal battles reshape the future of crypto exchanges?
Read the full story here: www.ecoinimist.com/2025/02/19/coinbase-lawsuit-bankruptcy-risk
#coinbase #crypto #Regulation #lawsuit #blockchain
Coinbase and its top executives are facing a shareholder lawsuit that accuses them of misleading investors about the risks associated with bankruptcy. The lawsuit, filed in a New Jersey federal court, alleges that Coinbase failed to disclose that customer assets could be considered part of the company's bankruptcy estate—potentially leaving retail investors as unsecured creditors in the event of insolvency.
The legal challenge also claims that Coinbase engaged in proprietary trading to counteract declining crypto prices, a risky practice that could impact financial stability. Additionally, it raises concerns over executives—including CEO Brian Armstrong—allegedly selling millions in company stock while knowing about these undisclosed risks.
With the SEC’s ongoing lawsuit against Coinbase and regulatory scrutiny intensifying, could these legal battles reshape the future of crypto exchanges?
Read the full story here: www.ecoinimist.com/2025/02/19/coinbase-lawsuit-bankruptcy-risk
#coinbase #crypto #Regulation #lawsuit #blockchain
🚨 BINANCE WINS LAWSUIT AGAINST THE SEC🚨
A U.S. federal court has ruled that cryptocurrencies, including Binance’s BNB token, are not securities. This ruling marks a significant victory for Binance and the broader crypto community, potentially influencing other ongoing legal battles in the sector.
⚖️ Court Ruling Highlights ⚖️
Judge's Decision: Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia ruled that cryptocurrencies and secondary sales of BNB do not constitute securities offerings. This decision dismissed several claims made by the U.S. Securities and Exchange Commission (SEC).
Howey Test: The court found that the SEC failed to demonstrate that purchasers in secondary market sales acquired BNB with an expectation of profits, which is crucial for passing the Howey test. This test, established by the Supreme Court, determines whether a transaction qualifies as an investment contract.
Legal Precedent: The ruling emphasized that the SEC’s approach muddied the issues and ignored controlling Supreme Court precedent. The focus should be on whether the circumstances surrounding each transaction render it a securities transaction, not on the cryptocurrencies themselves.
🏆 A Major Win for Binance and Crypto 🏆
This ruling is a significant triumph for Binance.US and the broader crypto industry, which has faced increased scrutiny from the SEC. The regulator’s aggressive approach, especially after the collapse of FTX, aimed to prevent similar incidents but faced criticism for potentially stifling innovation.
Implications for Ripple: This decision could positively impact other legal battles, such as the ongoing SEC vs. Ripple lawsuit, by setting a precedent that cryptocurrencies themselves are not securities.
What do you think about this WIN?
I say : Congratulations ✨💛 well deserved Binance.
Stay updated with @Professor Mende - Bonuz Ecosystem Founder !
#binance #sec #lawsuit #binanceus #legal
$BNB $ETH $BTC
A U.S. federal court has ruled that cryptocurrencies, including Binance’s BNB token, are not securities. This ruling marks a significant victory for Binance and the broader crypto community, potentially influencing other ongoing legal battles in the sector.
⚖️ Court Ruling Highlights ⚖️
Judge's Decision: Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia ruled that cryptocurrencies and secondary sales of BNB do not constitute securities offerings. This decision dismissed several claims made by the U.S. Securities and Exchange Commission (SEC).
Howey Test: The court found that the SEC failed to demonstrate that purchasers in secondary market sales acquired BNB with an expectation of profits, which is crucial for passing the Howey test. This test, established by the Supreme Court, determines whether a transaction qualifies as an investment contract.
Legal Precedent: The ruling emphasized that the SEC’s approach muddied the issues and ignored controlling Supreme Court precedent. The focus should be on whether the circumstances surrounding each transaction render it a securities transaction, not on the cryptocurrencies themselves.
🏆 A Major Win for Binance and Crypto 🏆
This ruling is a significant triumph for Binance.US and the broader crypto industry, which has faced increased scrutiny from the SEC. The regulator’s aggressive approach, especially after the collapse of FTX, aimed to prevent similar incidents but faced criticism for potentially stifling innovation.
Implications for Ripple: This decision could positively impact other legal battles, such as the ongoing SEC vs. Ripple lawsuit, by setting a precedent that cryptocurrencies themselves are not securities.
What do you think about this WIN?
I say : Congratulations ✨💛 well deserved Binance.
Stay updated with @Professor Mende - Bonuz Ecosystem Founder !
#binance #sec #lawsuit #binanceus #legal
$BNB $ETH $BTC
🚨 Big moment for Ripple: Co-founder Chris Larsen is meeting SEC Chair Paul Atkins today, sparking fresh speculation around the XRP lawsuit, ETF prospects, and the token’s price.
🌐 With the Ripple community eagerly watching for signs of a settlement, this meeting could mark a pivotal turning point for XRP’s future.
🚀 Will it reshape the case and open new doors for the ecosystem?
#Ripple #XRP #Crypto #SEC #Lawsuit
🌐 With the Ripple community eagerly watching for signs of a settlement, this meeting could mark a pivotal turning point for XRP’s future.
🚀 Will it reshape the case and open new doors for the ecosystem?
#Ripple #XRP #Crypto #SEC #Lawsuit
JUST IN🚨
Ripple Lawsuit News: Ex-SEC Lawyer Reacts to Unusual XRP Filing by $10M Fined Stock Dealer
Read more 👇🏼👇🏼
1/2
Ripple’s CEO, Brad Garlinghouse, recently shared a video celebrating what he called a victory in the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). While Ripple’s executives have confirmed the case is over, there’s been no official statement from the SEC, leaving many in the XRP community wondering what’s really going on. To add to the mystery, an unexpected filing popped up in the court case. A guy named Justin W. Keener sent an emergency request, claiming he has “decisive evidence” that could help Ripple and support freedom for Americans. But no one knows exactly what this evidence is. Keener says it has something to do with investment contracts he’s been collecting
2/2
When Fox Business’ Eleanor Terrett looked into Keener, she found out the SEC had recently sued him for being an unregistered penny stock dealer. A court ordered him to pay over $10 million because of it. Legal experts aren’t taking his filing seriously. Former SEC lawyer Marc Fagel said it’s basically like spam getting through the court’s system and will likely be thrown out quickly. He explained that Keener isn’t part of the case and doesn’t have the right to submit evidence. Some people asked if Judge Analisa Torres might change her decision about Ripple’s liability. Fagel replied that this isn’t possible. “Judge Torres won’t be asked to, nor will she, ‘revoke’ her ruling on liability,” he said. Instead, both sides will try to adjust the remedies, not the original decision.
#Xrp🔥🔥
#lawsuit
#RİPPLE
#Write2Earn
#BTCNextATH
$XRP
Ripple Lawsuit News: Ex-SEC Lawyer Reacts to Unusual XRP Filing by $10M Fined Stock Dealer
Read more 👇🏼👇🏼
1/2
Ripple’s CEO, Brad Garlinghouse, recently shared a video celebrating what he called a victory in the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). While Ripple’s executives have confirmed the case is over, there’s been no official statement from the SEC, leaving many in the XRP community wondering what’s really going on. To add to the mystery, an unexpected filing popped up in the court case. A guy named Justin W. Keener sent an emergency request, claiming he has “decisive evidence” that could help Ripple and support freedom for Americans. But no one knows exactly what this evidence is. Keener says it has something to do with investment contracts he’s been collecting
2/2
When Fox Business’ Eleanor Terrett looked into Keener, she found out the SEC had recently sued him for being an unregistered penny stock dealer. A court ordered him to pay over $10 million because of it. Legal experts aren’t taking his filing seriously. Former SEC lawyer Marc Fagel said it’s basically like spam getting through the court’s system and will likely be thrown out quickly. He explained that Keener isn’t part of the case and doesn’t have the right to submit evidence. Some people asked if Judge Analisa Torres might change her decision about Ripple’s liability. Fagel replied that this isn’t possible. “Judge Torres won’t be asked to, nor will she, ‘revoke’ her ruling on liability,” he said. Instead, both sides will try to adjust the remedies, not the original decision.
#Xrp🔥🔥
#lawsuit
#RİPPLE
#Write2Earn
#BTCNextATH
$XRP
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