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. Go to Source Powered by WPeMatico
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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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
