Search
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities
23.2.2023
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also stressed that Coinex is not registered with...
NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
23.2.2023
The popular NBA Top Shot NFT trading cards could be deemed securities for regulatory purposes in the US, after a judge allowed a lawsuit against Top Shot’s creator to move forward.
Top Shot creator Dapper Labs was sued by a buyer of the NFTs who alleged that the creator’s failure to register them...
SEC files objection to Binance US bid for Voyager assets
23.2.2023
The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
23.2.2023
Federal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory
'It would be absurd' for a US court to rule private NFTs as securities: Lawyer
23.2.2023
The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security
Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case
23.2.2023
The Chamber of Digital Commerce has accused the SEC of trying to impose securities regulations via the “back door” of an insider trading lawsuit
CoinEx crypto exchange sued by New York for failing to register with state
23.2.2023
The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses originating from New York
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
23.2.2023
According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities
23.2.2023
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot...
NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities
22.2.2023
The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law
Gary Gensler’s SEC is playing a game, but not the one you think
22.2.2023
Gensler has made a show of cracking down on crypto companies that haven’t engaged in actual misconduct. When real fraud is taking place, he’s nowhere to be seen
US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager
22.2.2023
According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s...
NBA-Branded 'Top Shot' Moment NFTs May be Securities, Judge Rules in Dapper Labs Case
22.2.2023
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated
Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest
22.2.2023
Paxos, a blockchain infrastructure platform and the issuer of Binance’s stablecoin Binance USD (BUSD), is in talks with the U.S. Securities and Exchange Commission over its decision to consider the stablecoin a security.
In an email to employees, Paxos CEO Charles Cascarilla said they are having...
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
22.2.2023
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year
SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount
21.2.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S., but they’ve decided not to do it – some of them in open scorn...
Hong Kong outlines upcoming crypto licensing regime
20.2.2023
Hong Kong’s Securities and Futures Commission is calling for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...
Zambia Testing Technology to Regulate Cryptocurrency — Government Minister
19.2.2023
The Bank of Zambia and the country’s securities regulators are currently testing the technology to regulate cryptocurrencies, a Zambian government minister has said. According to Felix Mutati, cryptocurrency is a revolutionary technology that embodies a future his country desires to achieve....
NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax
18.2.2023
The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties....
Read More: NBA Star Paul Pierce to...