Credit Suisse and broker-dealer Instinet have used the Paxos blockchain settlement service to complete an equities trade within 24 hours.
BitPay is accused of allowing users in North Korea, Sudan, Syria, Ukraine, Cuba and Iran to transact on its platform despite having IP addresses and other location data about these users.
The SEC has reportedly accepted an offer of settlement from ShipChain over the firm’s ICO, which raised $27.5 million through the sale of proprietary tokens, known as SHIP tokens.
Alex Leigl, the CEO of Layer1 Technologies has been embroiled in a legal battle with the firm’s founders, culminating in a settlement that sees him leave the firm he has led since 2018.
No settlement money, however, will be distributed to ICO investors who profited off of their Tezos investment.
A final judgment filed shows that the SEC and Telegram have reached terms of settlement over Telegram’s illegal securities sale.