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...
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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.
SEC’s Gensler Says “No Difference” Between Crypto and Securities Exchanges
The Securities and Exchange Commission Chair Gary Gensler has reiterated his belief that crypto exchanges should be treated identically to securities exchanges, and therefore fall under his organization’s regulatory purview....
Judge Denies SEC’s Motion to Revoke XRP Holders’ Amici Status
The litigation between the US Securities and Exchange Commission (SEC) and the San Francisco-based blockchain company Ripple took a new turn. The regulator’s motion to revoke the amici curiae status…
‘Game yet to begin’ for security token offerings, INX exec says
The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.”
CFTC poaches Pantera Capital’s legal counsel, citing digital asset experience
Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisors.
Coinbase Stock Falls 21% Following SEC Investigation
Coinbase (COIN) closed at $52.93 on Tuesday – 21% down from the day’s starting price of $61.74. It is now down 75% on the year, and 84% down from its…
Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The…
Could Ethereum Be Classified as a Security Following the Merge?
Could the SEC have the grounds to classify Ethereum as a security once it completes its “Merge” to Proof-of-Stake? Crypto Briefing explores one of crypto’s most hotly contested issues. Ethereum...
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