Friday, December 9

Tag: Lawsuit

Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.
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Elon Musk To Face Legal Action For His Intention To Decline From Buying Twitter.

According to Elon Musk’s letter, He intends to end the $44 billion Twitter deal on Friday to Twitter’s board. The letter stated that Musk is terminating the merge because Twitter “appears to have made false and misleading representations,” claiming that Twitter was not clear about its process for auditing spam and fake account and identifying do away with such accounts. More also Musk express his mood about the ongoing news that the Lawsuit filed will force Twitter to share the data surrounding bot activity. Read Also: Web3 Protocol Once On Terra Blockchain Migrates To Polygon. The comment was not that suit the community as captured by the community that commented on his tweet. For instance, some see this act of Elon Musk as breaking the law. https://twitter.com/Ann...
Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added
Ripple News

Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added

As stated on James K. Filan’s Twitter page, the attempt of Ripple to add two attorneys to its legal team in the ongoing lawsuit against the SEC was denied. The move instigated by Kellogg Hansen, Kylie Kim, and Clayton Masterman, was denied because the duo did not comply with local rules. Read Also: MicroStrategy CEO Tweeted "You know someone who doesn't know Bitcoin" As Bitcoin Starts Picking. https://twitter.com/FilanLaw/status/1544382161758953472 As stated by James K. Filan, the motion was not accepted because the Attorneys’ affidavit was not notarized. https://twitter.com/FilanLaw/status/1544689699150856194 Following the court’s denial of the Ripple attempt, Ripple did not waste time further before filing an amended motion for admission to Pro Hac Vice. Pro hac vice ...
Elon Musk Displays More Support For Dogecoin Despite The Lawsuit Filed Against Him
Cryptocurrency

Elon Musk Displays More Support For Dogecoin Despite The Lawsuit Filed Against Him

Despite the lawsuit against Elon Musk for promoting Dogecoin, He said is not giving up on Doge. He made this known on his Twitter page. The centibillionaire made it known that he is buying more Doge. Just as a means of showing love for Dogecoin after wishing his followers a happy Father’s day. Read Also: Binance To Switch Its Current Payments Partner In Brazil To Proffer Solutions For Users https://twitter.com/elonmusk/status/1538406040374595585 According to the Binance exchange, the price of the Bitcoin parody soared by nearly 13% on the Binance exchange because of Musk’s tweets. DOGE hit an intraday high of $0.05877. Elon Musk, the Dogefather As initially reported how Musk dubbed himself  “The Dogefather” ahead of his “Saturday Night Live” hosting debut that too...
XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails
Cryptocurrency

XRP Lawsuit: Parties File for Extension of Deadline on Metz Report as Ripple Presents Case on Emails

In the current lawsuit, Ripple has filed a six-page response to the SEC's assertions that the Hinman documents were protected by the attorney-client privilege. As initially stated, the SEC went ahead to make new privilege assertions in its unstopped efforts to eliminate the release of emails related to the 2018 Ethereum speech of William Hinman, the former director of the SEC's Division of Corporate Finance. Read Also: Cardano Whale Transaction Volume Spikes – ADA Price Direction Change Likely, Santiment Says https://twitter.com/FilanLaw/status/1525214883566034946 Ripple's response states: “The Court has ordered the SEC multiple times to produce documents related to the formulation of a speech that former Director of Corporation Finance William Hinman deliv...
CEO Brad Garlinghouse And Co-Founder Chris Larsen Dismiss The Lawsuit.
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CEO Brad Garlinghouse And Co-Founder Chris Larsen Dismiss The Lawsuit.

In the lately written letter to the justice judge, Sarah Netburn, the Security and Exchange Commission that its internal documents are now useless after Ripple Executives, CEO Brad Garlinghouse and co-founder Chris Larsen dismissed the action. The letter was supposed to bolster the SEC's suspended stir for partial retrospection and explanation of the court's Jan, 13th court order.Just from U.Today, Ripple scored a prominent palm by persuading the court that the Agency's dispatch related to the vital Ethereum speech given by former top SEC functionary William Hinman wasn't chanced since these were simply his particular view. Yet, the controller is trying to keep these emails under wraps. The defendant said that the complainant tried a do-over simply because he wasn’t happy with the former ...