Tag: Sec
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a [...]
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST through the Luna Foundati [...]
Ripple Is Fighting a $2 Billion Fine from the SEC – FX Leaders
Ripple Is Fighting a $2 Billion Fine from the SEC FX Leaders
www.fxleaders.com [...]
Crypto Lobbyists Sue SEC Over 'Dealer' Definition
A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity went too far, a lawsuit by th [...]
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
The SEC’s proposal asked the court to order Ripple Labs to pay $876 million in disgorgement, $198 million in prejudgment interest, and a $876 million [...]
Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Michael Welsh, a former lead attorney on the Debt Box case, and Joseph Watkins, an investigative attorney whose declaration served as the foundation f [...]
Thailand Authorities to Block Access to ‘Unauthorized’ Crypto Platforms
After a meeting of the Technology Crime Prevention and Suppression Committee, Thailand’s Securities and Exchange Commission or SEC was ordered to subm [...]
‘It Can Be Said With Confidence the SEC Is Investigating Ethereum’: Consensys’ Bill Hughes Talks Crypto Law
Consensys Senior Counsel and Director of Global Regulatory talks about ETH's legal status and Ethereum's future.
www.coindesk.com [...]
Coinbase (COIN) Seeks to Take Core Question in U.S. SEC Case to Higher Court
Investment contracts are securities regulated by the SEC, so if a crypto transaction qualifies, it belongs in the agency's jurisdiction and should be [...]
XRP News: SEC Appeals Court Loss, Bolstering Ripple’s Case
Ripple’s XRP closed the Thursday session dropping by 1.52%, reversing the 0.55% gain seen on Wednesday, with XRP closing the session at $0.6087. Notab [...]
The SEC’s Suit Against Unswap Is an Opening Attack Against DeFi
The DEX received a Wells Notice from the regulator, suggesting an enforcement action is imminent. While we don’t know the nature of the potential char [...]
Spot Ether (ETH) Exchange-Traded Funds (ETFs) Still Have No More Than 50% Chance of Approval in May: JPMorgan
The bank reiterated its view that approval of these products is unlikely next month, a position first expressed in January. The SEC must make final de [...]
First Mover Americas: Uniswap's Token Slides on SEC Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualiz [...]
DeFi Exchange Uniswap (UNI) Receives Enforcement Notice from the U.S. SEC
Wells notices are preliminary warnings that inform respondents of the charges the regulator is considering bringing against them. They usually lead to [...]
'What Are We Waiting for'? SEC Commissioner Hester Peirce Discusses Moving Crypto Regulation Foward
Known for her fiery dissenting opinions, "Crypto Mom" discusses how the SEC operates, why she wants to see crypto thrive and her "Safe Harbor" proposa [...]