Senators Stabenow, Boozman introduce crypto bill that extends CFTC’s regulatory powers
The bill defines digital commodities and requires registration of digital commodities platforms by the CFTC, with language that needs tightening.
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Binance US Delists Amp Token (AMP) After the SEC Security Claims
The American subsidiary of the world’s leading cryptocurrency exchange – Binance US – disclosed it will no longer support the Amp token (AMP) on its platform. The decision comes as…
SEC Charges Eleven Individuals Linked to the Crypto Pyramid Scheme Forsage
On August 01, the Securities and Exchange Commission of the United States charged 11 individuals for promoting and participating in a crypto pyramid scheme called Forsage, through which they managed…
SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly…
Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1
Enforcers around the world are demonstrating their interest to the industry's largest players.
Binance Delists Token After SEC Calls It a Security
Binance.US is shutting down its AMP trading services after it was deemed a security by the Securities and Exchange Commission in a recent filing. Waiting for Regulatory Clarity Binance is...
Binance US will delist AMP following SEC claim token is a security
The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future."
SEC Charges Group Behind $300M “Crypto Pyramid Scheme”
The SEC has charged the team behind Forsage for allegedly running a crypto pyramid and Ponzi scheme, which may have cost investors over $300 million worldwide. Both Pyramid and Ponzi...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last…
Pat Toomey blames the SEC for crypto ending platform crisis
A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective.
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