Cryptocoins News / Blockchain - 11 months ago
Terraform Labs has filed a motion against Citadel Securities seeking critical trading data for its defense in a lawsuit by the SEC. The case revolves around market destabilization allegations during the May 2022 Depeg event of TerraUSD stablecoin. Th...
Bitcoin News / Bitcoinist - 11 months ago
Amid the unfolding developments between the US Securities and Exchange Commission (SEC) and leading crypto exchange Binance, a pivotal update involving Circle, the issuer behind stablecoin USD Coin (USDC), has emerged just ahead of a hearing schedule...
Cryptocoins News / The Cointelegraph - 11 months ago
The claims include allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store’s “name, goodwill, and brand recognition.”...
Cryptocoins News / The Cointelegraph - 11 months ago
The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. The United States...
Cryptocoins News / The Cointelegraph - 11 months ago
The orders to pass the pending motion come just a day before the key hearing between Binance and the SEC on Oct. 12. United States District Judge Amy Berman Jackson of...
Bitcoin News / Google News Bitcoin - 11 months ago
Major Decision Looms for SEC Regarding Grayscale Bitcoin Trust (GBTC) and Spot Bitcoin ETF Lawsuit& & Coinpedia Fintech News
Bitcoin News / Bitcoin.com - 11 months ago
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United...
Cryptocoins News / The Cointelegraph - 11 months ago
The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws. Kristina Campbel...
Cryptocoins News / The Cointelegraph - 11 months ago
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. The top United States...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in cla...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international...
Cryptocoins News / The Cointelegraph - 1 year ago
The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test....
Cryptocoins News / Blockchain - 1 year ago
Binance and its CEO, Changpeng Zhao, are facing a class-action lawsuit filed by plaintiff Nir Lahav, accusing them of unfair competition and SEC law violations. The lawsuit alleges that Binance manipulated the cryptocurrency market to harm competitor...
Cryptocoins News / The Cointelegraph - 1 year ago
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. SEC and Do Kwon possibly nearing the end of his sentence in Montenegro. A group of invest...
Cryptocoins News / Blockchain - 1 year ago
Paradigm, a venture capital firm, has filed an amicus brief in the SEC's ongoing lawsuit against cryptocurrency exchange Binance. The brief criticizes the SEC's approach, arguing that the agency is overstepping its regulatory boundaries. Paradigm emp...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) announced charges against an accounting firm that worked for failed cryptocurrency exchange FTX. The company, Prager Metis, has been accused of facilitating clients in breaking federal securities laws...
Bitcoin News / Bitcoinist - 1 year ago
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Prager Metis, an accounting firm that had dealings with the bankrupt FTX crypto exchange. This development comes as the trial of FTX co-founder and former CEO Sam Bankman-Fri...
Cryptocoins News / The Cointelegraph - 1 year ago
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Venture capital...