Sec-Lawsuit

SEC Drops Landmark Lawsuit Against Ripple Labs After Political Shifts

2025-03-19 00:00:00 +0000 UTC | Importance: 9/10

In a landmark regulatory decision on March 19, 2025, the Securities and Exchange Commission (SEC) dropped its four-year lawsuit against Ripple Labs, a cryptocurrency firm with close political connections. Following a partial legal victory in 2023 and significant changes in SEC leadership under the …

Brad Garlinghouse Donald Trump Mark Uyeda SEC Chair Stuart Alderoty crypto regulatory-capture political-donations sec-lawsuit financial-regulation

SEC Files Securities Fraud Lawsuit Against Former DWAC CEO Patrick Orlando

2024-07-17 00:00:00 +0000 UTC | Importance: 9/10

The Securities and Exchange Commission files a federal lawsuit against Patrick Orlando, former CEO and Chairman of Digital World Acquisition Corporation, alleging securities fraud in connection with DWAC’s initial public offering and proposed merger with Trump Media. The SEC alleges Orlando …

Securities and Exchange Commission Patrick Orlando Digital World Acquisition Corp Trump Media & Technology Group sec-lawsuit patrick-orlando securities-fraud dwac trump-media +1 more