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Archives by Year:
Coinbase Sued by SEC; Another Violation of Securities Laws
Key Takeaways The U.S. SEC sues Coinbase for a variety of violations, such as failing to register as a national securities exchange, broker and clearing agency, among others. Gensler stated that Coinbase also failed to provide proper investor protection and proper registration its staking-as-a-service program. The United States Securities and Exchange Commission (SEC) has sued […]
Binance, CZ Sued by SEC; A ‘Calculated Evasion of the Law’
Key Takeaways The SEC has sued Binance and CZ for 13 charges of buying, selling and trading unregistered securities, commingling customers’ funds and more. This lawsuit follows in the footsteps of the CFTC suing Binance back in March, citing a violation of federal securities laws. The United States Securities and Exchange Commission (SEC) has filed […]
DOGE Questioned as a Security in Musk’s Class-Action Lawsuit
Key Takeaways DOGE investors issued a third amended complaint in their class-action lawsuit against Elon Musk. The complaint includes market manipulation because of tweets, insider trading and calling DOGE a security. Elon Musk, CEO of Tesla and owner of Twitter, was issued a third amended complaint in his class-action lawsuit, which introduces new allegations centered […]
Crypto Gets Oily: Olive Oil Company Issued Euro Stablecoin Bond on Obligate
Key Takeaways Lamar Olive Oil issued a EUROc denominated bond on Obligate, a platform made for secure debt control for businesses This is the first time a company in the sustainable agricultural industry has used crypto bonds to its advantage. French agricultural firm Lamar Olive Oil has successfully issued an on-chain bond on the Switzerland-based […]
