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Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right. Go to Source
The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced fine, the regulator underscored that the court acknowledged Ripple’s securities violations. SEC Reacts … Read more
Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge. Go to Source
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase … Read more
The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal. Go to Source
The dYdX Foundation made an abrupt change to its project’s tokenomics, but it may have done so in consultation with its attorneys. Go to Source Powered by WPeMatico
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s Ontario Binance, which is one of the world’s leading cryptocurrency exchanges by daily volume, has … Read more
A former SEC attorney argues that Ripple’s Brad Garlinghouse and Chris Larsen are being asked for documents that seem to demonstrate significant overreach. Go to Source Powered by WPeMatico
United States Security and Exchange Commission (SEC) is reportedly seeking further sanction against alleged crypto scammers Dominic Lacroix and Sabrina Paradis-Royer of Plexcoin fame. According to Maria Nikolova of Financefeeds, the two continue to defy court orders. Also read: 3D Gun File Company Reorganizes After Cody Wilson Resigns SEC to Further Sanction Alleged Crypto Scammers … Read more
The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO) to fund oil exploration and drilling in California.” The token sale failed to raise money but the tokens were issued as part of a bounty program, which … Read more
