securities law – DIGIT INFO

Robinhood to pay $45M in civil penalties to settle SEC charges

DIGIT — Tue, 14 Jan 2025 04:48:05 +0000

The SEC order found that Robinhood Securities LLC and Robinhood Financial LLC violated more than 10 separate securities law provisions.

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SEC broker-dealer rule struck down by US courts, big win for crypto

DIGIT — Thu, 21 Nov 2024 18:54:15 +0000

The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation.

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Green United promotor asks to appeal SEC’s $18M crypto mining fraud case

DIGIT — Mon, 28 Oct 2024 06:05:06 +0000

Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right.

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SEC Addresses Final Court Ruling in Ripple Case, Highlights Key Outcomes

DIGIT — Sun, 11 Aug 2024 01:46:09 +0000

The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP, emphasizing the substantial financial penalties imposed on the crypto firm and its ongoing securities law violations. While Ripple celebrated the 94% reduced fine, the regulator underscored that the court acknowledged Ripple’s securities violations. SEC Reacts […]

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Coinbase narrows subpoena, wants Gensler’s emails during time as SEC Chair

DIGIT — Mon, 15 Jul 2024 23:44:50 +0000

Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge.

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Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation

DIGIT — Sat, 25 May 2024 14:34:34 +0000

As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive digital asset legislation aimed at curbing the SEC’s expansive jurisdiction claims. As Coinbase […]

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Coinbase, SEC spar over investment definition in appeal attempt

DIGIT — Fri, 24 May 2024 17:44:57 +0000

The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal.

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Did dYdX violate the law by changing their tokenomics?

DIGIT — Mon, 06 Feb 2023 19:44:57 +0000

The dYdX Foundation made an abrupt change to its project’s tokenomics, but it may have done so in consultation with its attorneys.

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Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province

DIGIT — Sun, 27 Jun 2021 12:30:27 +0000

Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s Ontario Binance, which is one of the world’s leading cryptocurrency exchanges by daily volume, has […]

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Powers On… Why the SEC is not your friend (and how to deal with that)

DIGIT — Tue, 30 Mar 2021 15:58:12 +0000

A former SEC attorney argues that Ripple’s Brad Garlinghouse and Chris Larsen are being asked for documents that seem to demonstrate significant overreach.

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