Legal Update: Major Development in SEC v. Ripple Case – Summary Judgment Decision Announced

Yesterday we received a decision on the cross motions for summary judgment in SEC v. Ripple.  Full text of decision: https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0_2.pdf  Judge Torres stated categorically that a token is not automatically an investment contract.  The sale of tokens can be a security in certain circumstances, but two problem areas appear to have tipped strongly in…

Zuber Lawler Congratulates Bitcoin Depot on NASDAQ Debut and Stellar Performance

Zuber Lawler extends warmest congratulations to long-time client Bitcoin Depot, the world’s largest crypto ATM operator, on their successful inclusion in the NASDAQ trading system. This remarkable achievement follows their transaction with special purpose acquisition company (SPAC) GSR II Meteora (GSRM). Bitcoin Depot’s expansive network of over 6,000 crypto ATMs across the United States, commanding…