News list for " appellate"
The US Federal Court of Appeals for the Second Circuit ruled on December 30 local time that US President-elect Trump defamed writer Carol after sexually assaulting her, and Trump should be held responsible and pay $5 million in damages. According to reports, the jury did not find Trump guilty of rape, but they awarded writer Carol $2.02 million for sexual assault and $2.98 million for defamation. (CCTV News)
The U.S. Court of Appeals for the Fourth Circuit on October 24 rejected a lawsuit brought by Ali Sedaghatpour against his insurance company, Lemonade Insurance. Sedaghatpour claimed to have lost $170,000 in a cryptocurrency scam and asked the insurance company to pay compensation under a home insurance policy. However, the court held that under Virginia law, the insurance policy covered only "direct physical losses," and Sedaghatpour's cryptocurrency losses did not meet that definition.
The U.S. Court of Appeals for the Second Circuit issued a notice of default to Ripple's legal team earlier today on the grounds that Ripple missed the deadline to file a Confirmation and Notice of Appearance Form related to the SEC lawsuit, which was due on October 18, 2024. The court has granted Ripple a 14-day extension, giving the team until November 1, 2024 to file the required documents. If Ripple's lawyers fail to complete the filing by this new deadline, they could be barred from an upcom...
The U.S. Court of Appeals for the Third Circuit reviewed the Securities Exchange Commission's (SEC) decision to dismiss Coinbase's crypto rulemaking petition, questioning that its reasoning was too limited. In July 2022, Coinbase had asked the SEC to propose and adopt regulatory rules for "securities offered and traded through digital native methods," including clarifying which crypto assets are securities. The SEC rejected the petition in late 2023, prompting Coinbase to apply to the Court of A...
The 9th US Circuit Court of Appeals rejected a lawsuit by Hodl Law against the SEC seeking to force the SEC to clarify its classification of ETH. Hodl Law failed to demonstrate a "real danger" of SEC enforcement action for its use of Ethereum and its tokens. The court found that the SEC had not recognized ETH as a security and that Hodl Law had failed to provide evidence that the SEC had taken "final institutional action". Although the SEC has approved spot ETH ETFs, the legal status of ETH rema...
The U.S. Court of Appeals partially overturned the dismissal of a class action lawsuit filed against Binance.US that accused the exchange of illegally manipulating the price of HEX tokens. A three-judge panel of the Ninth Circuit Court of Appeals overturned the district court's earlier dismissal of the class action, saying plaintiff Ryan Cox's claims against Binance.US and CoinMarketCap were reasonable. Cox first filed a class-action lawsuit in 2021, accusing Binance Capital Management and Binan...
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