❌ US judge denies SEC push for injunction against crypto startup
A federal judge has denied a preliminary injunction filed by the U.S. Securities and Exchange Commission (SEC), which sought to freeze assets belonging to crypto startup Blockvest based on alleged violations of securities laws. In a ruling dated Nov. 27, U.S. District Judge Gonzalo Curiel ruled that the SEC has not proven that Blockvest – or its founder Reginald Buddy Ringgold – violated federal securities laws, and therefore denied the asset freeze request, among other actions.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.