Here’s what’s been going on in the case between Ripple Labs and the US SEC as of late. The ongoing case between Ripple Labs and the United States Securities and Exchange Commission is in its trial phase. And although this is technically the point of the lawsuit where it is supposed to get resolved, there’s no telling when it might actually end.

Ripple v. SEC Lawsuit Update June 27th

California State

Defunct crypto-friendly Silvergate Bank failed to monitor more than $1 trillion in customer transactions between 2021 and 2023, while misleading investors about the efficacy of its anti-money laundering controls, the Securities and Exchange Commission said in a lawsuit Monday. The bank also misled investors on how the collapse of FTX,...

Silvergate pays $63M to settle with SEC, Fed, California regulator

The U.S. Securities and Exchange Commission (SEC) may have just been gelded by the Supreme Court, but the agency is going down schwinging with a new civil suit against blockchain software firm Consensys. On June 28, the SEC filed a civil complaint against Consensys Software Inc. for failing to register...

SEC sues Consensys over unregistered securities as Supreme Court defangs federal agencies

At the same time, former SEC official John Reed Stark is certain that Binance has now faced another mammoth loss. Stuart Alderoty, Ripple's top lawyer, took a victory lap on the X social media network after federal Judge Amy Berman Jackson dismissed the U.S. Securities and Exchange Commission's claim that the secondary tokens of BNB, Binance's exchange token, are unregistered securities.

Ripple's Top Lawyer Celebrates Another SEC Loss

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

The United States Marshals Service (USMS) will use Coinbase Prime to custody certain digital assets as part of the law enforcement agency’s responsibility to handle asset forfeiture. In a July 1 notice, Coinbase said the USMS had selected the exchange’s institutional investing arm “to provide custody and advanced trading...

Coinbase will custody digital assets for US Marshals Service

Newark, NJ

Morristown Minute

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Georgia State

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Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

New Jersey State

NEWARK, N.J. – Naiem Moore, 34, of Newark, admitted to possessing cocaine and heroin for distribution and illegally possessing a firearm as a convicted felon, U.S. Attorney Philip R. Sellinger announced. Moore entered his guilty plea before U.S. District Judge Madeline Cox Arleo in Newark federal court.

Man Admits Drug Trafficking & Illegal Firearm Possession

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Wyoming State

WyoFile

WyoFile has acquired a photograph of a lynx in Wyoming, a landmark observation of a species currently considered absent from the Greater Yellowstone Ecosystem. Star Valley resident Jason Reinhardt, an avid houndsman , came across the animal while mountain lion hunting the southern Gros Ventre Range in February 2022. There was no doubt in his mind what it was: a tom lynx, judging by its blocky head.

Rare wildcat documented in the Yellowstone region for first time in a decade

Clifton, NJ

Newark, NJ – Evangelos Megariotis, a 72-year-old orthopedic surgeon from Clifton, admitted to multiple counts of unlawfully prescribing pain medications to his patients. U.S. Attorney Philip R. Sellinger announced the guilty plea today.

Surgeon Guilty of Illegal Narcotic Prescriptions, Faces 20 Years

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Buford, GA

DeanLand

There's been a whole lotta shakin' goin' on in Northwest Georgia over the past 30 days. And, yes, some of it likely has been in the barn. A total of six earthquakes have been recorded in the northernwestern portion of the state over the past 30 days, according to data from the US Geological Survey (USGS).

6 Earthquakes Shake NW Georgia in 30 Days

USAYE!

In a stunning verdict, a federal jury convicted two former executives of Epsilon Data Management LLC for their roles in a decade-long scheme that exploited consumer data to facilitate massive mail fraud targeting millions of Americans. The defendants, Robert Reger and David Lytle faced conspiracy, mail fraud, and wire fraud charges for knowingly selling lists of consumer names and addresses to fraudsters running prize scams and deceptive astrology mailings.

Data Breach Fraud Scheme: Shocking Convictions Targeting Millions

Douglas City, CA

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

The Motley Fool

With a little digging, it's easy to see why Ethereum is a top choice.

The Ultimate Cryptocurrency to Buy With $1,000 in June

Burlington County, NJ

Pablo Estrada, 27, laundered proceeds from a mail fraud scheme, including lottery scams. Florence, NJ – Pablo Estrada, 27, of Burlington County, was sentenced to 33 months in prison for his role in laundering over $4 million obtained from various scams. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Burlington Man's $4M Money Laundering Scheme: 33-Month Sentence

NEWARK, N.J. — Thomas Manzo, the ex-husband of a star from Bravo's "The Real Housewives of New Jersey," was convicted today of planning an assault on his ex-wife’s current husband in exchange for a lavish wedding reception, U.S. Attorney Philip R. Sellinger announced. The 59-year-old Franklin Lakes resident was found guilty after a two-and-a-half-week trial before U.S. District Judge Susan D. Wigenton in Newark federal court.

Real Housewives Star's Ex Convicted of Violent Assault

NewsBreak

Federal judge sets timeline for Consensys lawsuit against SEC

A federal judge has approved a timeline for the case between Ethereum ecosystem developer Consensys and the Securities and Exchange Commission (SEC) to be considered on...

Federal judge sets timeline for Consensys lawsuit against SEC

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