SECs - Claimpayback

Binance NFT Introduces The Sandbox NFT02

Binance.US counters SEC’s motion to freeze funds as it threatens its business

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June 13, 2023

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Binance.US has vehemently opposed the US Securities and Exchange Commission’s (SEC) proposed temporary restraining order, claiming that it would effectively end its business operations. The crypto exchange filed a response on June 12, criticizing the SEC’s emergency motion as “draconian and unduly burdensome.”...

Solana, Polygon challenge US SEC’s classification of SOL and MATIC as securities

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June 11, 2023

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The Solana Foundation and Polygon Labs are among the latest entities to push back against the U.S. Securities and Exchange Commission’s (SEC) classification of their respective tokens as securities. Solana Foundation and Polygon Labs push back against the SEC Both organizations have expressed...

Marc Cuban highlights discrepancy in SEC’s approach to stock loans vs. crypto assets

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June 9, 2023

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In a recent Twitter statement, Marc Cuban highlighted the discrepancy in the Securities and Exchange Commission’s (SEC) approach towards the stock loan industry compared to crypto assets. Cuban pointed out that while the SEC labels the stock loan industry as “opaque” and emphasizes...

SEC’s Gensler offered to advise Binance in 2019, lawyers claim

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June 8, 2023

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In a surprising twist to the ongoing regulatory battle between the Securities and Exchange Commission (SEC) and Binance, lawyers for the crypto exchange have alleged that SEC Chair Gary Gensler offered to serve as an advisor to Binance’s parent company in 2019. This...

SEC’s Gensler expresses concern over Binance and Coinbase

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June 6, 2023

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SEC chair Gary Gensler, in a recent interview on CNBC, raised alarm over the alleged non-compliance of leading cryptocurrency exchanges, Binance and Coinbase, with U.S. securities laws. In a recent appearance on CNBC’s Squawk Box, Securities and Exchange Commission (SEC) chair, Gary Gensler,...

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Crypto community reacts to SEC’s regulatory crackdown on Coinbase: insights from MetaLawMan

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May 4, 2023

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The crypto regulatory environment in the United States is heating up, forcing several influencers to comment on the current state of affairs. A notable influencer and analyst, MetaLawMan, has made his position known, chiming in on the current situation Coinbase, a cryptocurrency exchange,...

Bittrex Global CEO criticizes SEC’s lack of communication on enforcement actions

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May 1, 2023

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Oliver Linch, CEO of Bittrex Global, expresses frustration with the SEC, citing the absence of any communication between the two parties before the issuance of a Wells notice to the cryptocurrency exchange. Oliver Linch, the CEO of Bittrex Global, a prominent cryptocurrency exchange,...

SEC’s approach to crypto assets is flawed, says Paradigm

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April 21, 2023

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Paradigm argues that the SEC’s antiquated approach to crypto regulation is flawed and counterproductive. Web3 venture capital firm Paradigm has published a policy paper criticizing the United States Securities and Exchange Commission’s (SEC) crypto industry regulation. The company, which invests hundreds of millions...

Bittrex condemns SEC’s enforcement action, vows to defend itself

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April 19, 2023

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Bittrex condemned the enforcement action against it by the U.S. Securities and Exchange Commission (SEC). Bittrex claims it has always operated within the scope of the law and is looking forward to vindicating itself in court. Bittrex condemns SEC’s enforcement action Bittrex became...

SEC’s IAC calls for stiffer crypto regulation

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April 11, 2023

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The investor advisory committee (IAC) of the U.S. securities and exchange commission (SEC) has argued that virtually all cryptocurrencies are securities and as such, the SEC must continue to aggressively regulate the crypto industry. IAC calls for more stringent crypto regulation As the...