The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has come to a definitive close. Both parties have jointly requested the Second Circuit Appeals Court to dismiss their respective appeals, effectively cementing the long-awaited outcome of one of the crypto industry’s most pivotal lawsuits. This milestone resolution removes a…
The federal trial of Roman Storm, co-founder of the crypto mixing protocol Tornado Cash, entered a tense new phase this week as the jury reported continued deadlock after four days of deliberation. In a dramatic courtroom move, Judge Katherine Polk Failla delivered an Allen charge commonly called a “dynamite charge” urging jurors to reconsider their…
El Salvador’s legislature has taken a landmark and contentious step, passing comprehensive constitutional reforms that allow President Nayib Bukele to seek indefinite re-election. The move, approved by a 57–3 vote with strong backing from Bukele’s New Ideas party, also extends the presidential term from five to six years and eliminates runoff voting a significant transformation…
