Tag: US
Terraform Labs Granted Court Approval to Shut Down Operations
Reading time: < 1 minute Terraform Labs yesterday obtained judicial approval to cease its operations in bankruptcy, following a settlement agreement reached with the US Securities and Exchange Commission (SEC).
SEC Says Axie Infinity, Filecoin and Cosmos Tokens Are Securities
Reading time: < 1 minute The lawsuit brought by the United States Securities and Exchange Commission against crypto exchange Binance has been expanded, with the SEC now including a wider range of tokens as securities in its legal filings.
eToro Settles Charges with US Securities and Exchange Commission
Reading time: < 1 minute Financial services company eToro has reached a settlement with the US Securities and Exchange Commission (SEC) and will pay $1.5 million for violating securities laws in connection to its cryptocurrency business.
tZero Obtains Broker Dealer Registration from SEC
Reading time: < 1 minute tZero has obtained registration as a special purpose broker dealer under the oversight of the US Securities and Exchange Commission, which will give the firm the ability to hold digital asset securities for customers.
Bernstein: Bitcoin Will Reach $90,000 Following US Election
Reading time: < 1 minute According to analysts at research and brokerage firm Bernstein, Bitcoin is seen as a “Trump trade” and the outcome of the US presidential election in November could greatly impact the future of the cryptocurrency industry.
Losses Related to Crypto Frauds Reached 45% Last Year: FBI
Reading time: < 1 minute Based on a report released on Monday by the FBI, crypto-related losses in the US have increased by 45% since 2022.
CFTC Files Emergency Motion to Stop Kalshi’s Election Betting Contracts
Reading time: < 1 minute Late on Friday, the Commodity Futures Trading Commission filed an emergency motion seeking a temporary delay of the judge’s ruling that favored Kalshi.
Uniswap Reaches a Settlement with the CFTC
Reading time: < 1 minute The US Commodity Futures Trading Commission has reached a settlement with Uniswap Labs for $175,000 regarding the firm’s offering of illegal digital asset derivatives trading.
Robinhood Settles Charges with California DOJ
Reading time: < 1 minute The digital assets branch of Robinhood Markets has agreed to pay a settlement of $3.9 million to California’s Justice Department for allegedly halting cryptocurrency withdrawals between 2018 and 2022.
OpenSea Receives a SEC Wells Notice
Reading time: < 1 minute OpenSea’s CEO, Devin Finzer, has revealed that the NFT marketplace has received a Wells Notice from the SEC, indicating that the agency may take legal action against them.
