ChainCatcher news, according to The Block, U.S. District Judge Katherine Polk Failla of the Southern District of New York approved Coinbase's interlocutory appeal request on Tuesday, temporarily halting the lawsuit by the U.S. Securities and Exchange Commission (SEC) against the exchange. An interlocutory appeal refers to an appeal made before the judge has issued a final ruling, and such requests are typically rarely granted. The case will next be submitted to the Second Circuit Court of Appeals for consideration.Judge Failla noted in her order that this case raises a key legal question regarding the applicability of the Howey test in the context of crypto assets, a question that has significant divergence, and its resolution will help advance the final ruling on SEC enforcement actions. She emphasized that due to the "conflicting authoritative interpretations" of the Howey test in crypto assets, further clarification from the Second Circuit is needed.Coinbase Chief Policy Officer Faryar Shirzad stated that this decision is yet another blow to the SEC leadership's attempts to create ongoing uncertainty and chaos, and he thanked Judge Failla for allowing the interlocutory appeal.

ChainCatcher news, according to the Washington Post, the judge overseeing the criminal hush money case against elected President Donald Trump has denied Trump's lawyers' request to postpone this week's ruling while awaiting an appeal. New York Supreme Court Judge Juan Merchan wrote in his ruling that Trump's argument regarding presidential immunity is a repetition of previously failed attempts and is legally inappropriate. He stated that the ruling date remains set for Friday (January 10).Previously, Trump's lawyers appealed the ruling in his "hush money" criminal case and requested the judge to delay the sentencing procedure scheduled for this week. Trump's lawyers believe that the sentencing must be postponed during the appeal.

ChainCatcher news, according to Jinshi reports, documents show that a judge in New York State has suspended the proceedings of the criminal case against Trump regarding hush money at the request of the prosecution.

ChainCatcher news, mining company Greenidge Generation has received a temporary extension allowing its Bitcoin mining facility in Dresden to continue operating until November 14.Greenidge noted in a filing on Tuesday that the New York State Supreme Court is expected to rule on its lawsuit against the New York State Department of Environmental Conservation (DEC) on November 14. In June 2022, the DEC denied Greenidge's application to renew its Title V air permit for the Dresden plant. After an appeals process, Greenidge was ultimately denied again in May of this year.A court hearing was held on October 29, and the permit has been further extended to November 14.Greenidge announced preliminary financial results for the third quarter earlier this month, stating that it produced 167 BTC from July to September, of which 54 BTC was generated from proprietary hash rate and 113 BTC was produced for hosted client NYDIG.

ChainCatcher news, according to Coindesk, a judge in New York has denied the U.S. Securities and Exchange Commission (SEC)'s request to compel a pre-trial conference or to require it to submit additional responses in the securities fraud lawsuit against the Tron Foundation and its founder Justin Sun.In a letter submitted to the court on August 12, the SEC accused the defense of attempting to secretly introduce new arguments, claiming that "the sales of TRX and BTT do not meet the 'common enterprise' standard of the Howey test."In response, Tron’s lawyers countered the SEC's letter, writing to U.S. District Judge Edgardo Ramos of the Southern District of New York, accusing the SEC of "trying to create controversy" and urging the court to deny the SEC's request for a pre-trial conference. Ultimately, the judge sided with Tron’s lawyers and dismissed the SEC's request.

ChainCatcher News, the U.S. Department of Justice (DOJ) filed an appeal on Thursday evening, questioning the New York bankruptcy judge's ruling that allowed Binance.US to acquire the bankrupt Voyager Digital assets for billions of dollars.Previously reported, the Voyager unsecured creditors committee stated on social media that the court provided the best exit strategy for Voyager customers and would work with the debtors to oppose any appeals. (Source link)