Securities Act of 1933

Are stablecoins securities? Well, its not so simple, say lawyers

February 13, 2023 by DIGIT

One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities. Go to Source Powered by WPeMatico

Nexo agrees to $45M settlement with SEC and NASAA over earn product

January 19, 2023 by DIGIT

The crypto lender didn’t categorically admit or deny the findings from the SEC’s investigation despite agreeing to the settlement. Go to Source Powered by WPeMatico

Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

March 7, 2020 by DIGIT

Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan misled investors and the Securities and Exchange Commission (SEC) in regards to … Read more