Bitcoin News / Bitcoinist - 3 months ago
In a landmark ruling that could have far-reaching implications for the crypto industry, a federal judge has sentenced cryptocurrency entrepreneur Do Kwon and his company Terraform Labs, finding them violating US law for failing to register two digita...
Cryptocoins News / The Cointelegraph - 4 months ago
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange. Pro-soccer star Cristiano Ronaldo has been hit wi...
Cryptocoins News / The Cointelegraph - 7 months ago
The animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk and Hollywood A-listers. Stoner Cats 2 LLC (SC2), the c...
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...
Cryptocoins News / The Cointelegraph - 7 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 / 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,...
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...
Cryptocoins News / CoinJournal - 8 months ago
Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings.
The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart.
In addition, Heart and PulseChain have also been charged for using part o...
Cryptocoins News / The Cointelegraph - 8 months ago
According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy “a 555-carat diamond, expensive watches, and high-end automobiles.” T...
Cryptocoins News / EthereumWorldNews - 10 months ago
Summary:
The financial watchdog said 16 cryptocurrencies count as securities according to documents filed at a federal court.Tokens like SOL, MATIC, and ADA were named in lawsuits against Binance and Coinbase alleging violation of U.S. law.Chair...
Bitcoin News / Bitcoin.com - 10 months ago
After Coinbase was sued by the U.S. Securities and Exchange Commission (SEC), the Alabama Securities Commission (ASC) filed a show cause order against Coinbase and directed the company to show cause on why the firm should not cease and desist from se...
Bitcoin News / Bitcoin.com - 1 year ago
Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are...
Bitcoin News / Bitcoin.com - 1 year ago
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows...
Cryptocoins News / The Cointelegraph - 1 year ago
While three American citizens brought the case, the lawsuit alleges that “millions” of people could be eligible for damages. Five days after Binance and its CEO Changp...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers ha...
by COINS NEWS - 1 year ago
James "MetaLawMan" Murphy (MetaLawMan on Twitter) is a lawyer that provides research, analysis, and commentary on legal and business issues arising in the world of digital assets and the metaverse. James Murphy just revealed that the SEC fi...