Former Twitter CEO Jack Dorsey Believes Ethereum is a Security and Supports Bitcoin-Only Approach for Coinbase Amid SEC Lawsuit
Jack Dorsey, the founder and former CEO of Twitter, has stated that he believes Ethereum (ETH) should be classified as a security amidst the ongoing lawsuit against Coinbase for unregistered operations.
SEC Sues Coinbase and Binance, Designates SAND and AXS as Securities
The SEC has filed lawsuits against Coinbase and Binance, which has resulted in several cryptocurrencies being labeled as securities, including SAND and AXS. SAND is used to buy land and interact with user-generated experiences in The Sandbox metaverse, while AXS serves as a governance token and is used in the play-to-earn game Axie Infinity.
Crypto Market Plunges as SEC Sues Binance, but Whales Are Buying the Dip
The cryptocurrency market experienced a downturn after the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance, alleging that the company and its CEO violated federal securities rules.
SEC Lawsuits Against Coinbase and Binance Cause Marginal Drop in Cryptocurrency Prices
The prices of major cryptocurrencies such as Bitcoin and Ether experienced a slight drop after the Securities and Exchange Commission (SEC) filed lawsuits against two major crypto exchanges, Coinbase and Binance. Bitcoin fell by 1%, Ether by 0.7%, and Binance's digital currency, BNB, dropped to a low of 1%.
Coinbase Stock Plummets 18% Pre-Market Following SEC Lawsuit
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, accusing the crypto exchange of operating as a broker, national securities exchange, and clearing agency without proper registration.
SEC Files 101-Page Lawsuit Against Coinbase for Alleged Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has filed a 101-page lawsuit against Coinbase, accusing the largest cryptocurrency exchange in America of failing to register as a broker, national securities exchange, or clearing agency.
Binance Users Withdraw $1.5B As SEC Lawsuit Alleges Securities Violations
Binance users have withdrawn almost $1.5 billion from the crypto exchange in the past day, following a new lawsuit from the SEC over alleged securities violations.
SEC Lawsuit Against Binance Causes BNB Price to Crash by 10%
The SEC's lawsuit against Binance caused a market-wide drop in prices, with BNB experiencing a quick crash. The news led to a spike in volatility and a 10% drop in BNB's price within two hours. The current support level for BNB is at $265, which may be tested if market sentiment remains bearish.
SEC Sues Coinbase for Operating as Unregistered Exchange and Offering Staking Program in Violation of Securities Act
The SEC has filed a lawsuit against Coinbase and its holding company CGI, alleging that the exchange has been operating as an unregistered broker, exchange, and clearing agency since at least 2019. The commission also claims that Coinbase's Staking Program violates the Securities Act of 1933.
CCTV-2 Reports on SEC Lawsuit Against Binance and CEO Changpeng Zhao
Binance and its CEO Changpeng Zhao have been sued by the US Securities and Exchange Commission (SEC) for allegedly violating US securities laws. The SEC has filed 13 charges against Binance, accusing the exchange of mishandling customer funds and lying to regulators and investors about its operations.
