court has held that the SEC can apply securities regulations to some NFTs, including those sold on NBA Top Shot. The ruling has sparked confusion in the industry, as there is no clear definition of what constitutes a security under the law.
The recent US court ruling has raised questions on whether NFTs, like those sold on NBA Top Shot, could be considered securities and be subject to SEC regulations. Learn how this ruling has created confusion in the industry and implications for investors.
Do Kwon, a South Korean blockchain entrepreneur and co-founder of the Terra blockchain platform, has been accused by the U.S. Securities and Exchange Commission (SEC) of conducting an illegal securities offering and misappropriating funds. Dodgy ICO and Stolen Investor Funds…
The Securities and Exchange Commission charged eight people today in a $100 million securities fraud scheme in which they manipulated exchange-traded stocks using the social media platforms Twitter and Discord. Fake Gurus According to the SEC, seven of the defendants…
Confidence in the midst of constant turbulence is unusual, but not for Ripple [XRP] whales. One of these large investors demonstrated confidence in the network by transferring 143 million XRP. This token movement was worth $55.96 million, according to Whale…
The Securities and Exchange Commission (SEC), in a new guideline released on Thursday, requires entities that issue securities to disclose to investors their exposure to possible risk in the cryptocurrency market. Guide For Crypto Asset Markets The guideline was made…
Ripple is finally looking forward to the SEC lawsuit’s resolution after nearly two years of protracted litigation. Ripple’s Counsel Drops Suit Hints On December 6th, Stuart Alderoty, the general counsel at Ripple, forwarded a tweet from Brad Garlinghouse in which…
The most well-known cryptocurrency exchange in America, Coinbase, will stop offering XRP as of next week. The Coinbase wallet will no longer support Ripple’s native coin as of December 5, 2022, according to the exchange’s official website. XRP Won’t Be…
On November 18, the Bahamas’ Securities Commission made public its directive to FTX to transfer digital assets under its management to the Commission’s wallet on November 12. The regulator stated that the directive was required to protect the interests of…
In a statement following the FTX fall, anti-crypto Congressman Brad Sherman said that FTX had supported Democrats in their efforts to influence crypto rules and that he was right to call for the SEC to take action against unregistered exchanges…
Gary Gensler, the chairman of the SEC, spoke about the current market crisis brought on by the FTX disaster in an interview with CNBC’s Squawk Box. Gensler, who has been promoting more regulation and pursuing several crypto businesses for fraud…