Ruling

Crucial Factors at Play: SEC Awaits Ruling on Coinbase Motion and OIG Investigation Amidst XRP’s Programmatic Sales Case

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NEW YORK CITY, NY – The Securities and Exchange Commission’s (SEC) plans to appeal the Programmatic Sales of XRP ruling may face challenges from external factors. One of these factors is a pending ruling on the Coinbase Motion to Dismiss, where Coinbase argues that the SEC lacks the authority to regulate US crypto exchanges. Another potential influence is an ongoing investigation by the Office of Inspector General into conflicts of interest within the SEC relating to cryptocurrencies. Coinbase, a leading US crypto exchange, filed a Motion to Dismiss in August, which was heard by Judge … Read more

Judicial Ruling Upholds $5M Payment for MyPillow’s Mike Lindell in Election Data Controversy

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MINNEAPOLIS – MyPillow CEO Mike Lindell has been ordered to pay $5 million in a legal battle over election data, according to a federal judge ruling on Thursday. The judge’s decision affirms the allegations made by Dominion Voting Systems, a manufacturer of voting machines, that Lindell had defamed them by promoting baseless claims of election fraud. The lawsuit, filed by Dominion Voting Systems, accused Lindell of spreading false information about the integrity of the 2020 presidential election. Lindell has been a vocal supporter of former President Donald Trump and has repeatedly claimed that the election … Read more

Landmark Labor Board Ruling: Home Depot Found Guilty of Violating Employees’ Rights Over ‘BLM’ Apron Dispute

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New York – Home Depot, an Atlanta-based company, has been found to have violated federal labor laws by firing an employee for refusing to remove a hand-drawn “BLM” (Black Lives Matter) logo from his work apron, according to a ruling by the National Labor Relations Board. The board determined that the employee’s act of defiance was considered “concerted,” as it stemmed from previous joint protests by employees against racial discrimination in the workplace. The symbol was seen as an attempt to draw attention to the collective grievances of the group. The board also argued that … Read more

New York Judge Slams Ivanka Trump Over “Inconsistent Recall” in $354.9 Million Business Fraud Ruling

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NEW YORK – A judge in New York has ordered former President Donald Trump to pay $354.9 million in damages for business fraud, with his daughter Ivanka Trump facing criticism in the ruling. Judge Arthur Engoron was sharply critical of Ivanka’s “inconsistent recall,” noting that she denied knowledge of key events despite the presentation of documentary evidence. Ivanka was initially listed as a defendant in the case, but was dropped in June 2023 due to a statute of limitations. However, Engoron still questioned her testimony regarding negotiations involving the Old Post Office in Washington, D.C. … Read more