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Latest from Cheyenne Ligon
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power
Created by the Supreme Court in the 1980s, the Chevron deference gave regulators leeway to interpret the laws they are responsible for implementing.

U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators
The decision strips the federal securities regulator of a key enforcement power.

Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers
As part of the settlement agreement, Abra pledged to stop accepting crypto deposits from U.S.-based Abra Trade customers.

U.S. State Department Offers New $5M Reward for Missing ‘Cryptoqueen’
OneCoin founder Ruja Ignatova went missing in Athens in 2017.

California Judge Dismisses Part of Civil Lawsuit Against Ripple, Sends Rest of Securities Case to Trial
U.S. District Court Judge Phyllis Hamilton dismissed all four of the class action claims against Ripple but will allow one state law claim to proceed to trial.

South Africa Re-Elects Cyril Ramaphosa of the ANC as President
The election results are not expected to have much of an impact on South Africa's crypto industry.

Two Men Charged With Running Darknet Marketplace Empire Market
Thomas Pavey and Raheim Hamilton were previously arrested and charged with selling counterfeit currency on AlphaBay, another darknet marketplace.

Former Goldman Sachs Exec Joins Anchorage Digital Bank’s Board of Directors
Connie Shoemaker currently serves as the COO and CFO of asset management firm Bridgewater Associates’ parent company.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgment interest, and civil penalties
