The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape. In a paradigm...
Amid ongoing legal battles between the U.S. Securities and Exchange Commission (SEC) and several cryptocurrency organizations, a bipartisan effort led by majority whip Tom Emmer and representative Darren Soto has re-introduced the Securities Clarity Act. The act, initially presented in 2020, aims to...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Citadel Securities has dragged two former employees, Leonard Lancia and Alex Casimo, to court, for allegedly stealing its trade secrets and using them to operate their own crypto-focused market-making...
The U.S. Securities and Exchange Commission (SEC) has alleged that Bittrex and its former CEO ran afoul of securities laws shortly after serving the company a Wells notice. SEC lists ALGO and five other tokens as securities in Bittrex lawsuit The SEC has...
Coinbase revealed that the company received a Wells Notice from the U.S. securities and exchange commission (SEC) indicating the regulator’s plan to carry out an enforcement action against the firm after investigations showed that Coinbase may have violated securities law. SEC goes after...
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Justin Sun, accusing him of selling unregistered securities offerings, manipulative trading, and illegal promotion of crypto assets, involving the enlistment of celebrities to boost public interest in TRX and BTT tokens....
SEC Chairman Gensler has emphasized that specific tokens that utilize staking protocols may be classified as securities under US law due to the returns earned by their holders. On March 15, SEC Chair Gary Gensler reiterated that all proof-of-stake tokens and digital assets...
Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. According to reports, Grady alleges that these exchanges have violated state and federal securities laws by transacting...
In recent times, digital currency lawyers have strongly criticized Gary Gensler, the United States Securities and Exchange Commission (SEC) head, for his recent comments that all cryptocurrencies, except bitcoin (BTC), are securities under the agency’s jurisdiction. In an interview with New York Magazine...
Digital Currency Group (DCG) and CEO Barry Silbert are facing a securities class action (SCA) lawsuit from a group of Genesis creditors. DCG and Barry Silbert faced with securities lawsuit The lawsuit was filed by Silver Golub & Teitell (SGT), a law firm...