SEC – DIGIT INFO

Ripple Likely Sold XRP in an Unregistered Securities Offering

The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong.

US Investor Backs up Telegram’s Claim of Completing $1.2B Refund

Documents shared with Cointelegraph confirm that Telegram refunded some American TON investors 72% of their investments about a month ago.

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DeFi Governance Tokens Tread Carefully as the SEC’s Invisible Hand Looms

The COMP token distribution raised some questions on a potential reprisal against DeFi from the SEC, given certain similarities with traditional stocks.

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Tezos Likely Avoiding SEC Action with $25M Class-Action Lawsuit Settlement

The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action.

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Crypto Derivatives Might Drive a New Cycle of Mass Adoption

The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed.

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Telegram’s Courtroom Saga With the SEC Comes to a $1.2 Billion End

Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors.

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Law Decoded: All Roads Lead to New York, June 19-26

New York, New York runs the show this week as the site of a host of developments and setbacks for crypto.

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Ebang Hits Nasdaq IPO Running With Ambitious Expansion Plan

Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart.

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Ebang to Establish Crypto Exchange and Mining Farms After Going Public

The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion.

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SEC Charges Lobbying Kingpin Jack Abramoff With Fraud For Promotion of 2018 ICO

Abramoff and the founder of AML Bitcoin face charges for fraud in misrepresenting the token’s compliance, with the founder himself facing jail time for money laundering.

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