Search Results for "registered"
Gemini Responds to SEC Lawsuit Over Alleged Unregistered Securities
Gemini has filed a reply brief to a US SEC lawsuit alleging that its service, Gemini Earn, violated securities regulations by offering unregistered securities. Gemini's legal defense, represented by JFB LEGAL, PLLC and SHEARMAN & STERLING LLP, argues that the complaint lacks concrete evidence and is based on "conclusory statements."
Terraform Labs Co-Founder Argues Against SEC Lawsuit
Terraform Labs co-founder, Do Kwon's lawyers have argued in court against the SEC's lawsuit for illegally offering unregistered securities. The lawyers claim the SEC's acquisitions are unfounded and that the stablecoin in question is a currency, not a security. Additionally, Kwon's arrest and subsequent extradition remain uncertain.
US SEC Wins Lawsuit Against Kik’s $100 Million Unregistered ICO
US Judge Alvin Hellerstein rules in favor of the Securities and Exchange Commission in the regulator's lawsuit against Kik’s 100 million 2017 ICO.
SEC Charges Bittrex for Unregistered Securities Trading
The US Securities and Exchange Commission (SEC) has charged Bittrex and its former CEO William Shihara for operating an unregistered national securities exchange, broker, and clearing agency. The SEC argued that tokens traded on Bittrex, including OMG, Dash, Algorand, Monolith, Naga, and IHT, are securities.
Coinme Fined $4 Million by SEC
Crypto exchange Coinme has been fined $4 million by the US Securities and Exchange Commission (SEC) for offering unregistered securities and making "misleading statements" regarding its token, UpToken.
SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case
SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading.
SEC Charges App Developer Abra for Unregistered Security-Based Swaps
Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.
Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product
The SEC has settled charges against Linus Financial for failing to register its Linus Interest Accounts, a crypto lending product. The SEC deemed the accounts securities and made registration mandatory. Linus voluntarily stopped offering the accounts to new investors and requested fund retrieval.
10,000 New Blockchain Companies Founded in China Despite COVID-19
COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed.
United States CFTC Issues Advisory on Digital Currencies for Futures Commission Merchants
The Commodity Futures Trading Commission (CFTC) has released an advisory to futures commission merchants clarifying how to hold digital currencies in segregated accounts.
Unclear Crypto Regulations in South Africa Alarm Entrepreneurs
Cryptocurrency regulation is still largely unclear in South Africa, creating a strenuous business environment for crypto entrepreneurs.
Binance Lists the Nigerian Naira on its Exchange Platform in Partnership with Flutterwaves
Binance has announced its listing of the Nigerian Naira on its exchange in collaboration with Flutterwaves, a Nigerian company that is poised to help banks and businesses build secure and seamless payments solutions for their customers.