SEC charges NanoBit and CoinW6 with defrauding investors as total crypto scams hit $4bn
The SEC targeted two crypto firms exploiting relationships with their victims.
Eric Johansson
US losing edge in crypto due to SECâs âscorched earthâ tactics, Robinhood exec says
Robinhoodâs Chief Legal Officer Daniel Gallagher criticized the US Securities and Exchange Commissionâs (SEC) approach to crypto regulation in written testimony submitted for a Sept. 18 hearing before the House Financial Services Subcommittee on Digital Assets. Gallagher detailed Robinhoodâs effortsâŚ
Oluwapelumi Adejumo
How Will Gary Genslerâs SEC Classify Crypto Airdrops: Expert Analysis
Donald Trump said he would fire Gary Gensler at Bitcoin Nashville, but how could this [âŚ] The post How Will Gary Genslerâs SEC Classify Crypto Airdrops: Expert Analysis appeared first on .
Isaiah MccallIsaiah Mccall
FTX auditor fined $2 million by SEC to settle negligence allegations
Prager Metis CPAs has agreed to pay $1.95 million to settle two U.S. Securities and Exchange Commission (SEC) actions alleging misconduct in its audits of FTX and violations of auditor independence rules, according to a Sept. 17 statement. The settlement addresses negligence-based fraud charges relaâŚ
Gino Matos
SEC charges NanoBit and CoinW6 in alleged ârelationship investment scamsâ using social media
The U.S. SEC accused two alleged fake crypto platforms, NanoBit and CoinW6, of lying to investors and stealing their money.
Sarah Wynn
Hester Peirce Slams SEC for 'Misguided and Overreaching' Cases in Flyfish Club NFT Dissent
The application of SEC rule to the Flyfish Club NFT case was "harmful both in the present case and as future precedent," the commissioners wrote.
Will McCurdy
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
SEC commissioners Hester Peirce and Mark Uyeda didnât believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment.
Cointelegraph by Brayden Lindrea
Ex-SEC officials to speak at hearing on âpoliticized approachâ to crypto
US House lawmakers will hear from a former SEC commissioner and crypto industry leaders at their âDazed and Confusedâ digital assets hearing on Sept. 18.
Cointelegraph by Turner Wright
Kraken denies SEC claims, argues digital assets arenât securities: Law Decoded
Kraken rejects the SECâs securities allegations, Brazil lifts the freeze on Starlinkâs bank account, the UK clarifies crypto property rights, and Coinbase backs NFTâs legal defense.
Cointelegraph by Josh O'Sullivan
SEC Regrets Confusion Over âCrypto Asset Securitiesâ â Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SECâs amended complaint against Binance, where the agency admittâŚ
Kevin Helms
SEC Leaves Ether Off Securities Column In eToro Case
In its settlement with the SEC, eToro will continue BTC, BCH, and ETH trading. If Ether isn't a security, then what is it?
W. E. Messamore
CFTC Teams Up to Fight Crypto âPig Butcheringâ Scams
The Commodity Futures Trading Commission (CFTC) has joined forces with various organizations, including the Securities and Exchange Commission (SEC), to raise awareness about cryptocurrency scams, particularly those tied to fraudulent romantic relationships called pig butchering. Through these partnâŚ
Teuta