From yesterday’s Report and Recommendation by Magistrate Judge Bruce Reinhart in Illoominate Media, Inc. & Laura Loomer v. CAIR Florida, Inc. & CAIR Found.: CAIR is a self-described civil rights and advocacy organization whose mission is to “enhance understanding of Islam, protect civil rights, promote justice, and empower American Muslims.” Plaintiff Laura Loomer is a self-described journalist who regularly posts on social media. In the underlying litigation, CAIR got a Final Judgment for $124,423.37 [in attorney fees, more on that here. -EV] Post-judgment litigation ensued. The parties resolved their dispute through a written Settlement Agreement. As part of the settlement,…

U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,196.38, the largest, above $75,000.The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which doesn’t carry the weight of a formal rule, classified crypto tokens into five distinct categories: digital commodities, digital collectibles, digital tools, stablecoins and digital securities, and removed a major source of market uncertainty. The stance marks a shift from the existing case-by-case enforcement, making it clear which tokens are considered securities and which are not,…

AI & Crypto

Read More

Politics

Don't Miss!