Era of trading crypto as non-securities is over, says exchange ex
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities. Go to Source Powered by WPeMatico
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‘We had to change strategies,’ says SEC enforcement director on recent actions: Report
The SEC has taken enforcement actions against several crypto firms, a move which has been criticized by many U.S. lawmakers and industry leaders. Go to Source Powered by WPeMatico
Mango Markets exploiter behind alleged $116M theft will stand trial in December
Avraham Eisenberg faces civil lawsuits from the U.S. Commodity Futures Trading Commission, Securities and Exchange Commission and Mango Markets and criminal charges from the DoJ. Go to Source Powered by WPeMatico
Bakkt follows Robinhood, eToro in delisting major altcoins: Report
Bakkt reportedly suspended trading of Solana, Polygon, and Cardano — tokens the U.S. SEC recently deemed securities. Go to Source Powered by WPeMatico
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Terraform and Do Kwon lawyers used a U.S. House hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit. Go to Source Powered by WPeMatico
3AC liquidators file motion to hold Kyle Davies in contempt
Civil sanctions against 3AC’s co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena. Go to Source Powered by WPeMatico
New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for “falsely representing itself as a crypto exchange,” the NYAG said. Go to Source Powered by WPeMatico
US prosecutors say SBF will be tried on original 8 criminal charges — for now
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy. Go to Source Powered by WPeMatico
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules,” said Paul Grewal. Go to Source Powered by WPeMatico
US senators propose bill to eliminate section 230 protection for AI companies
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether section 230 even applies to AI. Go to Source Powered by WPeMatico