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SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
SEC Charges Abra With Unregistered Sales of Crypto Asset Securities
26.8.2024
The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company...
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
26.8.2024
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday
WeMade Crypto Blow as South Korean Regulators Probe Game Maker’s ‘Unregistered Sales’
9.2.2024
The South Korean game maker WeMade crypto project suffered a blow on February 8 as regulators launched a probe into suspected “unregistered” sales on WEMIX platforms. Maeil Kyungjae reported that the Financial Intelligence Unit (FIU), which reports to the Financial Services Commission,...
Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’
3.1.2023
Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class arbitration with the American Arbitration Association. In addition, the three users assert that all transactions “constituted unregistered sales...