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Nalezeno "sec securities": 259

SEC Hits Flyfish Club With Charges for Unregistered NFT Offering

18.9.2024
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay...

Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments

13.9.2024
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed

Etoro Restricts US Crypto Trading to 3 Cryptocurrencies Following SEC $1.5M Fine

12.9.2024
Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day...

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

29.8.2024
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods....

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

27.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday

Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit

25.8.2024
The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms...

US Court Denies Kraken’s Motion to Dismiss SEC Crypto Securities Lawsuit

25.8.2024
The U.S. District Court for the Northern District of California has denied Kraken’s motion to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC). The court determined that the SEC “has plausibly alleged” that certain crypto tokens traded on the Kraken...

Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

20.8.2024
Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result...

Mango Markets DAO mulls offering settlement with SEC

20.8.2024
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine.

Solana's Former Top Decentralized Crypto Exchange Faces SEC Securities Violations

20.8.2024
Mango Markets' governing body is looking to offer a settlement to the SEC

Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling

19.8.2024
Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case misapplied the law. Better Markets CEO on...

Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate

18.8.2024
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely...

Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case

8.8.2024
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is...

Coinbase files motion to compel in ongoing fight to get Gensler’s emails

24.7.2024
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair

SEC and 100 Agencies Form Council to Combat Securities Fraud

20.7.2024
The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies on securities fraud. The ISC aims to improve fraud prevention, share insights on emerging threats, and foster a unified...

Court Dismisses SEC Claim on Secondary Sales of BNB

30.6.2024
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However,...