SEC battle vs Terraform Labs heats up with new court order enforcing subpoenas
After serving the Terraform CEO with subpoenas at recent public event, the securities regulator said the startup has failed to comply with the legal requests.
After serving the Terraform CEO with subpoenas at recent public event, the securities regulator said the startup has failed to comply with the legal requests.
Sam Bankman-Fried and FTX’s ties to Tether go beyond merely enjoying the increased activity that Tether’s constant printing brings about for exchanges throughout the ecosystem.
American CryptoFed DAO’s registration application contained inconsistent, deficient, and materially misleading statements about its two tokens, according to the securities regulator.
Argo will offer senior unsecured notes to raise $58 million, which it will use to finance its Texas mining site that’s set to generate 800MW of electrical power.
Cryptocurrency exchange Coinbase (NASDAQ: COIN) may have violated public securities rules by failing to warn investors of potential legal action filed by Bitcoin creator Dr. Craig Wright.
The letter is the latest appeal from U.S. lawmakers to the Securities and Exchange Commission in the ongoing debate about digital currency and stablecoin regulation in the United States.
The top government attorneys from U.S. regulators plan to target gatekeepers and other individuals as well as expand their use of data-based probes.
Digital currency markets crashed again last October 27, sending some coins down by double digits percentage-wise, and as usual, Coinbase was down for many users.
A working group convened by Treasury Secretary Janet Yellen has granted the push by SEC Commissioner Gary Gensler to let the securities regulator take control over stablecoins.
U.S. District Judge Analisa Torres also suggested the move could add further delays to the case, despite Ripple and token holders urging a quick resolution to the proceedings.
The firm revealed in a recent regulatory filing that the Securities and Exchange Commission (SEC) subpoenaed it in July, although it refused to reveal what the probe was about.
After clashing with the U.S. securities regulator on its proposed Lend feature, Coinbase is now working on regulatory proposals for the digital currency industry.