The entities associated with Mango Markets, a decentralized finance project, have reached settlements with the US Securities and Exchange Commission (SEC). This follows a series of legal actions taken by the SEC against various crypto projects for allegedly selling unregistered…
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Coinbase legal battle with SEC sparks debate on digital asset rules
Coinbase has become the focal point of an ongoing legal battle with the US Securities and Exchange Commission (SEC). This clash represents a broader issue faced by the crypto industry regarding regulatory uncertainty surrounding digital assets. The company has pushed…
SEC Settlement Limits eToro’s Crypto Trading for U.S. Users
eToro , a popular social trading and investment platform, reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement outlines specific restrictions that the platform must now follow for its U.S. users. These changes come amidst growing…
Galois Capital fined by SEC for improper asset handling with FTX
Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…
Kraken Exchange Required to Defend Against SEC Claims on Exchange Status
Kraken has recently found itself at the center of a legal battle with the U.S. Securities and Exchange Commission (SEC). The core of the dispute revolves around whether the platform is operating as an unregistered securities exchange. A federal judge…
Judge Finds Ripple Guilty Ripple to Pay $125million in SEC Case
On Wednesday, a landmark decision was made in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The federal judge, Analisa Torres, presiding over the Southern District of New York, delivered a crucial ruling that…
Ether ETF Approval Expected by Mid-July as SEC Decision Nears
The landscape of cryptocurrency investment is on the brink of a significant shift as asset managers anticipate the approval of the first US Ether ETF. The Securities and Exchange Commission (SEC) is currently in discussions with applicants, setting the stage…
Uniswap Labs Challenges SEC Over Crypto Regulation
Uniswap Labs, the decentralized trading platform on Ethereum, is standing firm against the US Securities and Exchange Commission (SEC). The New York-based startup asserts that the potential enforcement action suggested by the SEC is unfounded, as it fundamentally misunderstands the…
Investment Firms Face Uncertainty as SEC Reviews Ether ETFs
Investment companies eagerly awaiting the Securities and Exchange Commission’s (SEC) decision on launching exchange-traded funds (ETFs) based on the Ether cryptocurrency are facing mounting uncertainty. Despite the growing demand for these products, the SEC’s silence has left industry insiders bracing…
Kraken Challenges SEC in Legal Dispute Over Cryptocurrency Regulations
The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…