The SEC’s latest court victory against Grayscale Investments puts the agency in an intriguing “will-they, won’t-they” position starring Chairman Gary Gensler.
Crypto lawyer Emma Traczyk is adamant: Implying that all non-fungible tokens (NFTs) are subject to federal securities law “creates a false pretense” and is “problematic” in her opinion. According to Traczyk, this could lead to confusion and increased regulatory compliance costs.
As the blockchain-based markets for non-fungible tokens (NFTs) rapidly expand, the question of their status as securities or investment contracts has landed in the cross-hairs of the U.S. Securities and Exchange Commission (SEC) in the form of a lawsuit.
Although ripple and the SEC have been trading barbs, a prominent crypto lawyer believes the two sides may never face off in trial court. He believes both parties may come to an out-of-court settlement as it can lead to a quicker resolution.
Billionaire entrepreneur and Shark Tank star Mark Cuban has lent his voice to the ongoing debate over cryptocurrency regulation, taking a shot at the U.S. Securities & Exchange Commission (SEC) in a recent tweet.
In a remarkable turn of fate, Ripple’s legal battle against the U.S. Securities and Exchange Commission has cost Ripple’s XRP token nearly 3 years of adoption, according to Ripple lawyer Stuart Alderoty.
The US Securities and Exchange Commission (SEC) has accused a crypto-based fund of misleading investors with false information and promises. The SEC has vowed to take further legal action against the fund for its deceptive tactics.
Gemini Trust Co., owned by the Winklevoss twins, has put forth a motion to dismiss the Securities and Exchange Commission’s lawsuit against Gemini for allegedly selling unregistered securities.
The U.S. Securities and Exchange Commission and South Korean financial agencies have joined forces against Terraform Labs, an alleged company involved in an ongoing securities fraud scandal. The collaborative efforts signal a new era of international collaboration to protect investors – no matter where they are – from illegal practices.
The SEC is looking into approving Ethereum-based Exchange Traded Funds (ETFs) for the US financial market, and according to reports, they may act faster than usual. It remains to be seen if this is the new norm for cryptocurrency-based finance.