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NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer
29.8.2024
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”
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....
Crypto advocates criticize SEC notice to OpenSea
28.8.2024
It’s unclear whether the SEC will pursue an enforcement action against the OpenSea marketplace, but its CEO alleged regulators “believe NFTs on our platform are securities.”
OpenSea Gets SEC 'Wells Notice' – Industry Reaction
28.8.2024
Rounding up commentary on the SEC's latest enforcement action. Will all NFTs be treated as securities?
SEC Served OpenSea a Wells Notice; NFT Considered Securities
28.8.2024
NFT marketplace OpenSea was hit by a Wells notice from the U.S. SEC. This notice, as revealed by…
Blur, Tensor Tokens Dip After NFT Marketplace OpenSea Receives SEC Wells Notice
28.8.2024
The SEC alleged in the Wells notice that NFTs sold on OpenSea are securities, the OpenSea CEO said earlier Wednesday
OpenSea marketplace receives Wells notice from the SEC
28.8.2024
CEO Devin Finzer pledged to "stand up and fight" any potential enforcement action the regulator might bring involving NFTs
OpenSea Gets 'Wells Notice' From SEC, Calling NFTs Sold on Platform 'Securities'
28.8.2024
"We're shocked the SEC would make such a sweeping move against creators and artists," says CEO of OpenSea
Crypto influencers on notice after FTC bans fake likes and followers
15.8.2024
New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line
Binance Has Challenged India's $86M Tax Showcause Notice: Source
6.8.2024
Binance, the world's largest cryptocurrency exchange, has "challenged" a nearly $86 million tax notice from India's Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk
Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop
30.7.2024
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$3 million cryptocurrency...
Solana traders notice ‘huge’ bullish pennant as price jumps 17%
19.7.2024
Crypto traders note to “watch out” for Solana price action as a bullish pennant pattern has started to form on the price chart
Craig Wright’s Web Portal Removes False Claims, Site States He is Not Bitcoin’s Founder
16.7.2024
As news emerged about British High Court Judge James Mellor’s referral to prosecute Craig Wright for perjury, Wright’s website, craigwright.net, now displays a legal notice stating he is not Satoshi Nakamoto, the creator of bitcoin. The main page of the web portal hosts the notice, which...
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
22.5.2024
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...
UNI price rises 20% after Uniswap Labs’ boldly defies SEC notice
22.5.2024
Uniswap Labs, developers of an effective decentralized trading platform, is being sued by the United States Securities and Exchange Commission. Uniswap Labs remains steadfast in its stance, persistently advocating for the classification of cryptocurrencies as securities. This discord emerged after...
Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments
22.5.2024
Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter.
The post Uniswap Fires Back at SEC’s Wells Notice, Calls Out ‘Weak’ Legal Arguments appeared first on Cryptonews
Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
21.5.2024
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case
Regulatory crackdown spawns anti-SEC 'CultureCoin'
16.5.2024
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers
Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says
9.5.2024
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
9.5.2024
The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said