Robinhood to pay $45M in civil penalties to settle SEC charges
The SEC order found that Robinhood Securities LLC and Robinhood Financial LLC violated more than 10 separate securities law provisions. Go to Source
securities law
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SEC broker-dealer rule struck down by US courts, big win for crypto
The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. Go to Source
Green United promotor asks to appeal SEC’s $18M crypto mining fraud case
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
SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes
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 narrows subpoena, wants Gensler’s emails during time as SEC Chair
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
Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation
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
Coinbase, SEC spar over investment definition in appeal attempt
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
Did dYdX violate the law by changing their tokenomics?
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
Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province
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
Powers On… Why the SEC is not your friend (and how to deal with that)
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
