Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.
A judge has threatened to sanction the SEC over its actions toward DEBT Box. Terra says that this development supports its request for summary judgment.
Mike Dalton 3 min read 
The development follows the SEC's temporary restraining order against the firm, which was later challenged for its legitimacy.
Market makers were purportedly alerted to the company's readiness to pay a multi-billion-dollar fine at a VIP event in Singapore in September.
Marco Santori said the SEC's allegations were "made up by the agency," signaling confidence going into the legal battle ahead.
FTX said the IRS claims are far from reality after it previously reduced the claim by $20B.
Court filings showed that both companies were in favor of implementing the amended settlement plan so they can shift their focus to the NYDAG lawsuit.
Famed footballer Cristiano Ronaldo embroiled in crypto class-action suit mirroring prior Binance CEO lawsuit.
UK Treasury tightens grip on crypto taxes with new compliance mandates for unpaid taxes.
Though it has not alleged any wrongdoing, the SEC believes that the firm's involvement was instrumental in the collapse of Terra's UST stablecoin in May 2022.
