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SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations


The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities" and that its staking service violated federal securities laws

Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations


Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...

British Man Who Lost 7,500 BTC Sues for Right to Search Council Landfill


A British computer expert, who inadvertently misplaced a hard drive containing 7,500 bitcoins, has initiated a legal action to compel the Newport City Council to permit him to search through the landfill where the storage device is believed to be buried. Anticipating a further increase in the value...

Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity


Coinbase takes legal action against the SEC, pressing for a court order to compel the regulatory body to start developing specific rules for crypto operations and oversight. The post Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity appeared first on Cryptonews

Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman


The price of Worldcoin's WLD token has dipped following news of Elon Musk's lawsuit against OpenAI and its CEO, Sam Altman. Elon Musk, the visionary entrepreneur behind SpaceX and Tesla, filed a lawsuit against OpenAI and its CEO, alleging a breach of their nonprofit agreement. The post Worldcoin...

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