The Legal Threat Coming for Venture Capital
After being battered by rising interest rates and choppy markets, the venture capital industry is sweating new regulations that could expose fund managers to legal risks.
US Prosecutors, SEC Probes Digital Currency Group
U.S. prosecutors and the Securities and Exchange Commission (SEC) have started to investigate cryptocurrency-focused conglomerate Digital Currency Group (DCG), Bloomberg reported on Saturday, citing unnamed sources. DCG’s wholly-owned brokerage subsidiary, Genesis Global Trading, also announced a 30% staff reduction to keep afloat with 145 employees, adding on to a 20% layoff in August last year, according to a CoinDesk report on Friday. (forkast)
This Is How the SEC Will Kill Most Cryptos Except Bitcoin
I have sold all my altcoins — here’s why.
Massive Crypto Layoffs This Week; SBF Pleaded Not Guilty | Cointime Weekly Jan.1 – Jan.7
SEC had a busy week; US regulators and the Fed jointly issue crypto warnings; Polygon partners with MasterCard; Animoca halves fundraising target.
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors
The Thai Securities and Exchange Commission (SEC) announced Wednesday that it has launched “Crypto Academy” to provide free online resources and courses on digital assets. The initiative aims to equip the public with in-depth knowledge of digital assets and blockchain technology before they invest, the regulator described, adding:
SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate investment returns of more than 500,000 times for investors.”
SEC Moves To Block Binance.US Attempt To Buy Distressed Assets of Voyager Digital
The SEC has objected to an attempt by the American franchise of Binance to buy up assets from the bankrupt crypto lender Voyager Digital, saying more information about the deal is needed.
US Securities Regulator Probes FTX Investors’ Due Diligence
The U.S. Securities and Exchange Commission (SEC) is seeking details about FTX investors' due diligence, according to two sources familiar with the inquiry, as fallout from the crypto firm's collapse spreads.
Ripple Counsel Reacts To Claim That SEC Sued Ripple For Defying Its Authority
In a tweet yesterday, Ripple general counsel Stuart Alderoty responded to claims that the US Securities and Exchange Commission sued Ripple for defying its authority.
Deaton Suspects That The SEC Will Sue Binance.US
The SEC filed a limited objection to Binance.US’s acquisition of Voyager assets.
