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Nalezeno "Sec": 6732

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity


On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital...

Coinbase files a narrow action to seek regulatory clarity from the SEC


Paul Grewal, the Chief Legal Officer for Coinbase, has shared the update that the crypto venture has filed a narrow action in the federal court, seeking more clarity from the US Securities & Exchange Commission. The development aligns with the mission of Coinbase, wherein the crypto venture...

South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security


Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...

Do Kwon Lawyers: SEC Has No Terra Jurisdiction – Could CEO Walk Free?


The legal team of the Terraform Labs Co-founder and CEO Do Kwon has hit out at the United States Securities and Exchange Commission (SEC) – claiming Terra coins are not securities. The lawyers claimed that the SEC charges against Terraform, Kwon, and other executives are baseless. And they filed...

First Mover Americas: Bitcoin Falls to $28K


The latest price moves in bitcoin (BTC) and crypto markets in context for April 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

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