Cryptocoins News / CoinJournal - 7 months ago
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs.
Stoner Cats will refund the money to investors and pay a $1 million fine.
SEC recently charged Impact Theory over allegations of similar violati...
Bitcoin News / Bitcoin.com - 7 months ago
In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Comm...
Cryptocoins News / CoinJournal - 7 months ago
The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies.
The SEC won a case in November 2022 and LBRY said that it would close.
LBRY was also ordered to pay a fine of $111,614.
The...
Bitcoin News / Bitcoinist - 7 months ago
According to Bloomberg, decentralized finance (DeFi) projects operate through automated contracts and are usually helmed by collective entities rather than single individuals.
This collaborative nature of governance has often posed challenges for reg...
by COINS NEWS - 8 months ago
In a landmark decision, Uniswap, a leading decentralized finance (DeFi) platform, emerged victorious Wednesday in a legal battle in the United States District Court for the Southern District of New York. The case revolved around allegations that Unis...
Cryptocoins News / The Cointelegraph - 8 months ago
Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter....
Cryptocoins News / The Cointelegraph - 8 months ago
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators....
Bitcoin News / Bitcoinist - 8 months ago
In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against medi...
Cryptocoins News / Finance Magnates - 8 months ago
The US Securities
and Exchange Commission (SEC) has taken its first enforcement action targeting
the non-fungible token (NFT) industry. Today (Monday), the securities regulator
announced that it has accused Impact Theory, a Los Angeles-based media an...
by COINS NEWS - 8 months ago
https://www.sec.gov/news/press-release/2023-163 submitted by /u/Giga79 [link] [comments]
Cryptocoins News / The Cointelegraph - 8 months ago
The year-on-year growing support CBDCs is supported by ongoing domestic pilots and cross-border initiatives in various jurisdictions, banking giant Citi found. Discuss...
Cryptocoins News / Blockchain - 8 months ago
Gemini has filed a reply brief to a US SEC lawsuit alleging that its service, Gemini Earn, violated securities regulations by offering unregistered securities. Gemini's legal defense, represented by JFB LEGAL, PLLC and SHEARMAN & STERLING LLP,...
Bitcoin News / Bitcoin.com - 8 months ago
U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application fo...
Cryptocoins News / EthereumWorldNews - 8 months ago
The SEC has until August 18 to file its motion and Ripple must submit opposition papers by September 1.On August 16, the XRP issuer with co-founders Brad Garlinghouse and Chris Larsen opposed the SEC’s request for an interlocutory appeal. The co-def...
Cryptocoins News / The Cointelegraph - 8 months ago
The announcement comes after Hong Kong debuted crypto retail trading with exchanges HashKey and OSL. Hong Kong’s Securities and Futures Commission (SFC) has issued an...
Cryptocoins News / Finance Magnates - 8 months ago
The bankrupt cryptocurrency exchange, Bittrex has agreed
to pay the Securities and Exchange Commission (SEC) a fine of USD $24 million.
The settlement is related to allegations that the cryptocurrency
exchange offered unregistered securities to inves...
Bitcoin News / Bitcoin.com - 8 months ago
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of...
by COINS NEWS - 8 months ago
Now I no doubt have your attention. https://preview.redd.it/809yqghh43hb1.png?width=767&format=png&auto=webp&s=74f7be4222c38ba4b72823bb2e9fc0723747bf4c Striking numbers if you compare this to the sentiment here on this sub....
Cryptocoins News / The Cointelegraph - 8 months ago
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements....
by COINS NEWS - 8 months ago
According to CoinGecko, nearly $85 billion worth of crypto falls under the category of “alleged SEC securities.” CoinGecko launched a new index tracking the biggest c...