News about Securities

by COINS NEWS - 9 months ago

Bittrex joins Coinbase in challenging and rejecting the view of the SEC that the status of tokens as securities. They accuse the regulators of hypocrisy and of essentially breaking the law. Bear in mind, Bittrex has already entered bankruptcy in the US

Bittrex filed a motion to dismiss in the lawsuit with the SEC. The filing basically states that the SEC does not have the regulatory power to deal with crypto as securities unless it is explicitly granted to them by Congress. It basically rejec...

by COINS NEWS - 10 months ago

Former SEC head admits securities law is "intentionally broad and flexible". He also claims, "if you buy 1000 tickets for $10 and resell for $100 or $1000, then that's a security". Basically, the SEC can pick and choose securities. And worse, no way the t

​ https://preview.redd.it/5ito9azt388b1.png?width=684&format=png&auto=webp&s=c34eba27f7ad06d999a4b424b658dc82f8003277 It's an interesting admission from the former SEC head Clayton that the securities laws are "inten...

by COINS NEWS - 10 months ago

Former SEC head admits securities law is "intentionally broad and flexible". He also claims, "if you buy 1000 tickets for $10 and resell for $100 or $1000, then that's a security". Basically, the SEC can pick and choose securities. And worse, no way the t

​ https://preview.redd.it/5ito9azt388b1.png?width=684&format=png&auto=webp&s=c34eba27f7ad06d999a4b424b658dc82f8003277 It's an interesting admission from the former SEC head Clayton that the securities laws are "inten...

by COINS NEWS - 10 months ago

A total of 9 firms and tokens have registered/complied with regulators and securities laws. Only 1 currently survives, the rest either failed, restructured or were abandoned. And this 1 surviving token reports consistent losses since 2021. The laws simply

Only this year in March for the first time the SEC has provided details on firms what registered or “collaborated” with the SEC and the details. The results however are harrowing. Out of nine firms and tokens, only one still functions as originally i...