Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case
U.S. law enforcement has jurisdiction over Singapore-based Terraform Labs and its founder Do Kwon because they knowingly marketed their LUNA and terraUSD (UST) coins to U.S. investors, said Lisa Braganca, a former enforcement branch chief at the U.S. Securities and Exchange Commission.
Binance.US To Get Wells Notice Next? XRP Lawyer Claims This
The global digital asset industry is constantly in the crosshair of the U.S. Securities and Exchange Commission (SEC). Gary Gensler led commission on Thursday issued a warning to the crypto exchange Coinbase in the form of a Wells Notice. After this development, XRP holders’ lawyer in the US SEC v Ripple lawsuit believes that more exchanges might receive this warning ahead.
SEC Advises Investors to 'Exercise Caution' When Dealing With Crypto Asset Securities
Following recent enforcement action against various crypto entities and celebrities, the U.S. Securities and Exchange Commission has issued an advisory notice to investors telling them to be cautious of risks associated with crypto asset securities. The U.S. securities regulator insists that specific entities offering crypto asset investments or services “may not be complying with applicable law, including federal securities laws.”
XRP Lawyer Launches ‘Connect to Congress’ Over SEC Crypto Overreach
XRP Lawyer John Deaton launched a campaign ‘Connect to Congress’ over the U.S. Securities and Exchange Commission’s (SEC) overreach in the crypto market. Essentially, the tool matches the crypto enthusiast with their elected officials and allows them to send a message directly to their offices.
Coinbase Could See Revenue Hit if SEC Forces Asset Delistings, Analysts Say
Coinbase's revenue could take a hit if the U.S. Securities and Exchange Commission forces the company to delist assets the regulator considers securities, analysts said.
Coinbase CEO Calls for Action in Electing Pro-crypto Lawmakers Following SEC Wells Notice
Brian Armstrong, the chief executive officer of United States-based cryptocurrency exchange Coinbase, has renewed calls for crypto users to “elect pro-crypto candidates.”
Coinbase CEO Says the SEC Risks Putting US Financial System Behind Other Countries
Recent actions by the Securities and Exchange Commission is putting U.S. financial leadership at risk, Coinbase CEO Brian Armstrong said during a Twitter live chat on Thursday.
Breaking: Montenegro Officials Arrest Man Suspected To Be Terra Founder – Do Kwon
Authorities in Montenegro – a Balkan country – have arrested a man who could potentially be Terra’s founder – Do Kwon. The news was announced by the interior minister of Montenegro – Filip Adzic – on his social media channel. In a translated Tweet, the minister stated that one of the world’s most wanted fugitives was arrested in Podgorica.
Crypto Evening Briefing: FTX To Claw Back $460 Million From SBF-Backed Hedge Fund
Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC)
Coinbase Downgraded at Oppenheimer After Disclosing Possible SEC Charges
Oppenheimer’s Owen Lau pulled his outperform rating on Coinbase (COIN), downgrading to perform after the crypto exchange last night disclosed the receipt of a Wells notice from the U.S. Securities and Exchange Commission (SEC). Also noted by Lau was Tuesday’s Economic Report of the President, which was highly critical of the digital asset industry.
