Securities Act of 1933 – DIGIT INFO

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

DIGIT — Mon, 13 Feb 2023 06:04:18 +0000

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

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

DIGIT — Thu, 19 Jan 2023 22:38:38 +0000

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

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

DIGIT — Sat, 07 Mar 2020 00:05:08 +0000

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 […]

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