U.S. SEC believes it has identified securities violations relating to "aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet" products.
The SEC claims TRX and BTT prices were driven by "wash trading," Sun and his employees manipulated prices for those assets with over 4.5 - 7.4 million tokens used in 600,000 fake trades between 2018 and 2019.
PLBY Group accepted payments in ETH for its digital collectibles and included the digital currency on its balance sheet, noting that they were subject to impairment losses.
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
The U.S. securities regulator is seeking permanent injunctions against Chinese businessman Miles Guo and financial advisor William Je, including civil penalties, disgorgement of ill-gotten gains, and both officer and director bars.
The securities regulator proposed new regulations for cybersecurity among financial firms that could spill over to digital assets, requiring greater disclosures after breaches.
Signature Bank was under federal investigation for suspected money laundering by its crypto clients before the New York financial institution was taken over by state and federal regulators.
When Gary Gensler says that Bitcoin is not a security or refers to its unique history, what he is referring to is the legal character of Bitcoin as it existed in 2009 and continues to exist in 2023 as BSV.
The public consultation is expected to run for a month and end on April 7, 2023, and the public can submit their suggestions to the commission via its website or official email address.
ParagonCoin violated section 13 (a) of the Securities Exchange Act of 193 and Exchange Act Rules 13a-1, according to the securities regulator.
As per the legal opinion of both the chairman of the Securities and Exchange Commission and the New York Attorney General, Ethereum, and most other tokens sold via ICO, are unregistered securities.
In a lawsuit filed in Utah, securities regulator accuses Green United and its founders of duping investors into buying GREEN token mining machines, yet the tokens didn’t exist.
