March 16, 2026
An apparel company and its cryptocurrency industry group backer preemptively suing the U.S. Securities and Exchange Commission have dropped their case over digital asset transactions being securities, saying the SEC's recent policy pivot "suggest[s] a change in the commission's position regarding free airdrops."
October 30, 2024
Cryptocurrency advocates have told a Texas federal judge that apparel company Beba and its crypto industry group backer have standing to preemptively sue the U.S. Securities and Exchange Commission, arguing that the regulator has created an impossible situation for crypto firms by bringing enforcement actions without setting clear rules for digital assets.
July 03, 2024
The U.S. Securities and Exchange Commission told a Texas federal judge on Wednesday a crypto industry group and apparel company can't sue the regulator over its alleged "digital-asset policy" since the parties can't point to any rule or action to challenge.
March 25, 2024
A Texas-based apparel company on Monday teamed up with a crypto industry group to sue the U.S. Securities and Exchange Commission over an alleged pattern of enforcement against crypto firms, which the brand said threatens its business since it distributed its own digital token.