The Future of Crypto Litigation: Key Deadlines and Cases
The crypto space is currently experiencing a wave of legal battles against the Securities and Exchange Commission (SEC) that have the potential to shape the future of these cases. Attorney James Murphy, also known as “MetaLawMan,” has compiled a list of the most important upcoming deadlines in relevant cases.
- Ripple Lawsuit: The outcome of this case could have a significant impact on other crypto vs. SEC cases. The XRP community is eagerly awaiting a summary judgment from Analisa Torres, particularly regarding the issue of secondary sales involving XRP. The ruling is expected before or on September 6.
- SEC vs. Bittrex: Bittrex has until June 30 to file a motion to dismiss the SEC’s case against them. The outcome of this case will have implications for future proceedings.
- SEC vs. Genesis & Gemini: Genesis and Gemini have filed motions to dismiss the SEC’s classification of their “Earn Program” as a security. The SEC has until July 21 to respond.
- SEC vs. Coinbase: Coinbase filed a motion to dismiss the SEC’s case against them, claiming that the SEC has no jurisdiction over crypto exchanges and that its due process rights were violated. The SEC has until August 7 to respond.
- SEC vs. Binance: The world’s largest crypto exchange has a deadline of September 21 to file a motion to dismiss. Binance’s legal battle is gaining momentum, with expedited discovery underway.
- FTX Bankruptcy: Customers have until September 29 to submit proofs of claim in the FTX bankruptcy case, which will have significant implications for all parties affected.
Hot Take: The outcome of these court cases will have a major impact on the crypto industry. Each ruling has the potential to influence other pending matters, making it a crucial period for crypto litigation. Stay tuned for the latest updates and decisions that will shape the future of crypto regulation.
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