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SEC must turn over emails about Ethereum, but it won't help Ripple, lawyers say

SEC must turn over emails about Ethereum, but it won’t help Ripple, lawyers say

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Ripple picked up another procedural victory over the weekend in its ongoing legal battle with the Securities and Exchange Commission, which sued the crypto payments firm in 2020 over the $1.3 billion unregistered sale of XRP—a cryptocurrency originally created by the founders of Ripple. On Thursday, a federal district judge canceled repeated attempts by the …

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Celsius has a Hail Mary bankruptcy plan: turn its debt into a new cryptocurrency

Celsius has a Hail Mary bankruptcy plan: turn its debt into a new cryptocurrency

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Ever since bankrupt crypto lender Celsius froze withdrawals in June, customer funds have been in limbo. Now, a leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency to customers who have signed up for some of its accounts. The recording was provided by Tiffany …

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