Over the past week, the share price of COIN by Coinbase, a cryptocurrency exchange platform, plummeted by around 15%. The dip comes days after Coinbase announced it received a Wells notice from the Security Exchange Commission (SEC). The regulator believes the exchange may...
Ripple Labs’ letters over supplemental authority in the Bittner and Voyager cases have been met with a response from the United States securities and exchange commission (SEC) in a recent filing on March 23. Ripple presented the judgment as a supporting argument for...
The hype around DeFi protocols has driven a lot of excitement and investment over the last few months. DigiToads (TOADS) could set a new course for the crypto market. The question remains: will it impact the market more than SushiSwap (SUSHI)? SushiSwap’s subpoena Earlier this...
In a recent SEC filing, investors were warned of the dangers associated with crypto assets. The notice was issued only one day after the regulator had served Coinbase with a Wells Notice. The agency’s Office of investors education and advocacy warned the public...
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....
Coinbase presented a petition to the SEC that underlines why staking cannot be classified as securities in every circumstance. The cryptocurrency exchange Coinbase seems to have decided to engage proactively in crypto staking, which has recently drawn the authorities’ attention. This indicates that...
The United States securities and exchange commission (SEC) has leveled charges against Miles Guo otherwise called Brother Seven – a Chinese businessman who has been living in exile – and his financial advisor, William Je over allegations of their involvement in a fraudulent...
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...
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fake cryptocurrency mining equipment. According to the SEC, Green United and its founder,...