News with the tag "securities law"

Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based blockchain firm is opposing this motion citing con...

In a stunning turn of events for the crypto world, leading cryptocurrency exchange Coinbase finds itself embroiled in a shareholder lawsuit. Filed by Wenduo Guo, the lawsuit targets CEO Brian Armstrong and other top executives, alleging serious breaches of securities laws. This legal action throws a...

After the news of the Securities and Exchange Commission (SEC) and Binance’s request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbase’s “unique” situation could shed some light on the regulatory agency’s new crypto approach. Coinbase To Follow SEC Vs ...

Prominent crypto exchange Coinbase is set to face a class-action lawsuit by some customers over accusations of selling securities as an unregistered dealer-broker. This latest development comes amid the exchange’s interlocutory appeal in an ongoing case with the US Securities and Exchange Commission...

The SEC order found that Robinhood Securities LLC and Robinhood Financial LLC violated more than 10 separate securities law provisions.

The crypto industry's recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler's planned resignation.

OpenSea Users Drop Unregistered Securities Lawsuit Following Arbitration Ruling In a recent development for the NFT market, OpenSea users have withdrawn their unregistered securities lawsuit against the popular non-fungible token (NFT) marketplace. Filed in September, the lawsuit accused OpenSea of ...

Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right.

A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led to conflicting court rulings, an...

The U.S. Securities and Exchange Commission (SEC) has filed charges against Mango DAO, Blockworks Foundation, and Mango Labs LLC for offering unregistered securities. The case centers around the sale of MNGO tokens and the operation of Mango Markets without proper registration. Mango Markets Hit Wit...