SEC Sues US-Based Crypto Exchange Coinbase
The SEC sued Coinbase accusing the exchange of operating without registering as a broker, among other charges.
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
While two of the biggest companies in the digital assets industry were hit with a lawsuit in only two days, the world’s largest cryptocurrency—and many others—entered into a decisive recovery…
The SEC sued Coinbase accusing the exchange of operating without registering as a broker, among other charges.
Pepe fell more than 14% in the past 24 hours amid the broader market slump.
Coinbase declined sharply and closed 10% in the red on Monday after an SEC lawsuit against Binance was unveiled.
On June 5th, Binance and its CEO Changpeng Zhao, were sued by the SEC for allegedly offering unregistered securities, misleading investors, and engaging in wash trading.
After getting sentenced to 24 months in prison in early May, Ishan Wahi agreed to settle with the SEC in the first-ever crypto insider trading case.
This Friday, Gemini requested the court dismiss an SEC lawsuit and claimed it had never offered securities.
This Friday, Judge Torres granted an extension request jointly filed by Ripple and the SEC.
Ripple's CBDC platform comes as 114 countries, representing over 95 percent of global GDP, are currently exploring a digital currency.
In a Wednesday press release, Grayscale revealed that the SEC staff believes FIL “meets the definition of a security”.
In what is widely seen as the most recent victory for Ripple, the court has decided against SEC’s motion to seal the Hinman documents.
For the second time in less than two weeks, Empower Oversight filed a FOIA request concerning cryptocurrency enforcement with the SEC.
The SEC has until May 19th to respond to the inquiries or the Committee will schedule a testimony at the earliest possible date.