Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.
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Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.
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Ethereum may experience a drop in user activity alongside ETH price with crypto staking in the crosshairs of the SEC.
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The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal.
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“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.
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Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities.
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Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions.
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The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors.
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Lawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case.
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