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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
SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin
9.5.2024
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry
Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
9.5.2024
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter
SEC Argues for Injunctions in Final Response of Ripple XRP Case
8.5.2024
The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense.
The post SEC Argues for Injunctions in Final Response...
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
8.5.2024
Expressing his discontent, Tenev characterized the SEC's regulatory actions as part of a broader "regulatory onslaught" that, in his view, stifles innovation and handicaps American firms and investors.
The post Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges...
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
8.5.2024
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...
Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell?
7.5.2024
The Dogecoin price has dipped by 2.5% in the past 24 hours, falling to $0.158 as the crypto market as a whole loses 2% today.
The post Dogecoin Price Prediction as Large Holders Transfer DOGE to Robinhood Exchange Amid Wells Notice – Are They About to Sell? appeared first on Cryptonews
Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto
7.5.2024
The Digital Chamber called SEC's move as yet another instance of the regulator’s “unchecked regulatory overreach,”
The post Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto appeared first on Cryptonews
Robinhood Hit With Wells Notice By SEC
6.5.2024
Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges.
The post Robinhood...