Closure

Federal Judge Rejects Boulder’s Challenge to FAA Over Airport Closure Plans

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A federal judge has dismissed a lawsuit filed by Boulder, Colorado, challenging the Federal Aviation Administration’s authority regarding the potential closure of the city’s municipal airport. The ruling comes as part of an ongoing discussion about the future of aviation operations in the area and the local government’s role in influencing federal regulations concerning airports. Boulder’s lawsuit aimed to prevent the FAA from moving forward with plans that could lead to the airport’s closure. City officials argued that the airport is crucial not only for local transportation but also for various economic activities and community … Read more

Gemini and SEC Reach Tentative Agreement, Bringing Closure to Earn Program Lawsuit After Three Years

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NEW YORK — After nearly three years embroiled in legal disputes, cryptocurrency exchange Gemini Trust has reached a preliminary agreement with the U.S. Securities and Exchange Commission to settle a lawsuit concerning its Earn program. The investigation centered on Gemini’s now-defunct Earn program, which was recognized as a significant element in the SEC’s overall effort to regulate digital assets. This crypto lending product, which launched in 2021, promised retail investors up to 7.4% annual returns on Bitcoin and other cryptocurrency deposits. Attorneys representing both Gemini and the SEC submitted a joint letter in Manhattan federal … Read more

Alligator Alcatraz Detention Facility Remains Open as Appeals Court Blocks Closure Order

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ATLANTA — An appeals court on Thursday granted a temporary reprieve for Florida’s controversial migrant detention facility known as “Alligator Alcatraz,” blocking a previous order from a federal judge that mandated its closure. Florida Attorney General James Uthmeier hailed the court’s decision as a victory for the state, drawing attention to efforts that align with the policies of former President Donald Trump. Uthmeier expressed his satisfaction on social media, stating that the 11th Circuit not only halted the closure but also stopped the federal judge from taking further action until the appeal process is complete. … Read more

Florida’s Alligator Alcatraz Faces Closure as Environmental Concerns Prompt Major Reversal

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Florida officials have been directed to dismantle an alligator habitat nicknamed “Alligator Alcatraz” due to environmental concerns. The facility, located in the state’s wetlands, has drawn criticism for its potential impact on local ecosystems, prompting the order from state regulators. The decision highlights growing tensions between wildlife management and environmental preservation. The alligator facility was intended to house non-releasable alligators, serving as a sanctuary for reptiles that could not survive in the wild. However, experts voiced concerns regarding its environmental footprint and the risks posed to surrounding habitats. Environmentalists argued that the site could disrupt … Read more