Coinbase Receives ‘Wells Notice’ From SEC Over Listed Digital Assets, Faces Potential Enforcement Action
The Nasdaq-listed crypto platform emphasized that it does not list or offer any securities tokens or products on its platform.
Tron’s TRX Plummets 11% After U.S. SEC Sues Justin Sun For Securities Violations
The United States Securities and Exchange Commission (SEC) on Wednesday charged Tron founder Justin Sun and three of his firms, including digital asset network company Tron Foundation for market manipulation, fraud, and airdropping unlicensed securities to investors.
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.'” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an enforcement action.”
Ripple Moves 120M XRP as XRP Aims For $0.5 After Soaring 21%
XRP latest solo rally comes from positive speculations surrounding the SEC case.
Sushi Hit With SEC Subpoena, Seeking $3 Million USDT Legal Defense Fund
The Securities and Exchange Commission recently served Sushi and "head chef" Jared Grey with a subpoena, the decentralized finance company said on Tuesday.
South Korean Regulator ‘Not Meeting SEC to Talk About Crypto’s Securities Status’
A top South Korean financial regulator has denied reports claiming it is set to cooperate with the United States on efforts to classify certain cryptoassets as securities.
Crypto Evening Briefing: Over $1 Billion of Ether Has Been Lost Forever Due to Bugs and Human Error
More than $1 billion of ether has been lost forever due to bugs and human error, according to research by Conor Grogan, director of product strategy and business operations at Coinbase.
Coinbase Submits Petition To Explain to SEC That Staking Is Not Securities
United States-based crypto exchange Coinbase decided to communicate proactively on the topic of crypto staking, which had recently gained regulators’ attention. In its petition to the Securities and Exchange Commission (SEC), the company explains why staking can’t be universally labeled as securities.
Exiled Chinese Businessman Miles Guo Charged by SEC for Fraudulent $850M Offering Involving Crypto Asset 'H-Coin'
Guo alone is charged with fraudulently raising hundreds of millions of dollars through a crypto asset security known as "H-Coin".
SEC Accuses Chinese Businessman with Ties to Donald Trump Advisor of Orchestrating $500 Million Crypto Fraud – What's Going On?
The charges from the SEC relate to the sale of what is referred to as “unregistered and fraudulent offerings,” which raised more than $850 million for Guo, according to a press release from Wednesday.
