SEC Asks Court to Dismiss Lawsuit Against Crypto Exchange Binance “with Prejudice”
The SEC did not provide a detailed explanation for its about-face, but indicated that the Trump administration made a calculated decision to cease litigation.
Ryan Farrick is a freelance writer and small business advertising consultant based out of mid-Michigan. Passionate about international politics and world affairs, he’s an avid traveler with a keen interest in the connections between South Asia and the United States. Ryan studied neuroscience and has spent the last several years working as an operations manager in transportation logistics.
The SEC did not provide a detailed explanation for its about-face, but indicated that the Trump administration made a calculated decision to cease litigation.
“After careful consideration, PBS reached the conclusion that it was necessary to take legal action to safeguard public television’s editorial independence, and to protect the autonomy of PBS member stations,” a PBS spokesperson said in a statement.
NPR’s lawsuit reiterates a common-sense argument: that the Trump administration is less concerned with enforcing real rules, regulations, and statutes than it is with lashing out against media outlets perceived as hostile.
“The Constitution, and the Appointments Clause, are not mere roadblocks for this administration to ignore,” Michigan Attorney General Dana Nessel said. “I look forward to continuing this case in court.”
Trump maintains that the interview misled voters and caused him to incur personal financial harm. He initially sought an award of $10 billion but changed course and is now requesting a total of $20 billion. The damages, if awarded, would also include compensation for alleged “mental anguish.”
Earlier this week, Camilo and his attorneys filed a notice in a New Jersey-based federal court stating that he intends to seek at least $2 million in damages. He claims that, as a result of Walmart’s alleged negligence, he suffered a range of serious and permanent injuries.
“On returning to New Hampshire from Florida on July 22, 2019, the reporter had observed that five-year-old Harmony had a ‘shiner,’” the lawsuit alleged. “According to the report, Adam had said that he left Harmony alone with baby D.M. while he went to the bathroom. While there, D.M. began to cry and Harmony put her hand over D.M.’s mouth. In response, Adam had ‘beaten the dog shit out of her.’”
“We all know the Commission is not allowed to change the rules after the drawing,” the lawsuit states. “But the Commission has apparently tried to do so and relied—at least in part—on this ex post facto announcement to continue to refuse to pay Plaintiff her lottery winnings simply because she utilized a lottery ticket courier service to buy the winning ticket.”
Bonta also addressed a Truth Social post in which Trump threatened to levy a targeted, 25% tariff on all Apple products if the company continues with plans to manufacture iPhones in India rather than shift production to the United States.
“With a stroke of a pen, the government sought to erase a quarter of Harvard’s student body, international students who contribute significantly to the University and its mission,” Harvard wrote in its lawsuit. “Without its international students, Harvard is not Harvard.”