In the past few weeks, the Web3 legal space has seen multiple disputes and investigations seemingly come to an end, while others are just getting started. Terraform Labs is seeking to settle its dispute with the SEC and move on to focus exclusively on its ongoing bankruptcy proceedings, and the SEC has closed the door on its investigation into “Ethereum 2.0” (for now). While Ripple was able to defeat most of the private actions against it, some issues remain for trial, and the Kraken litigation against the SEC is on track for a busy year of discovery.
This is a companion discussion topic for the original entry at https://natlawreview.com/article/blockchain-bi-weekly-week-june-27-2024