Federal Securities Laws news and trends

SEC Chair Expresses Disappointment in Ripple Labs Ruling
Cryptocurrency // July 17, 2023

Securities and Exchange Commission (SEC) Chair Gary Gensler reportedly said the agency is “disappointed” in last week’s court ruling in its case against Ripple Labs. The ruling gave the cryptocurrency industry a boost by finding that Ripple Labs did not violate federal securities laws in...

Quick Reads
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud

October 19, 2023
Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1 billion. The lawsuit, filed Thursday (Oct. 19), accuses Gemini and DCG’s Genesis Global Capital unit of not disclosing the risks associated with a crypto-lending program they launched in 2021, Bloomberg […]

SEC Chair Expresses Disappointment in Ripple Labs Ruling

July 17, 2023
Securities and Exchange Commission (SEC) Chair Gary Gensler reportedly said the agency is “disappointed” in last week’s court ruling in its case against Ripple Labs. The ruling gave the cryptocurrency...