SEC
The Crypto Lawsuit State of Play
The industry is virtually flooding the courts with requests for clarity.
Binance CEO Calls on Nigeria to Release Detained Executive; Galaxis Raises $10M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan, who flew to the country in February for talks on regulatory supervision. Plus, a research report from KBW says Robinhood would likely win a court case with the SEC given its conservative approach to digital asset listings. And, Singapore-based Web3 platform Galaxis raised $10 million ahead of its token launch.
The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.
Robinhood Shares Fall After Wells Notice From SEC; Crypto's Guard Against Hacks
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Robinhood (HOOD) shares fell about 2.5% in premarket trading after its crypto arm received a Wells Notice from the SEC. Plus, new findings from Visa and data platform Allium Labs show that more than 90% of stablecoin transaction volumes aren’t coming from genuine users. And, cybersecurity veteran Justine Bone is leading a group dedicated to guarding crypto from hacks.
Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice
The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
Ironlight, helmed by the former global head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.
Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
The Ethereum development company is seeking regulatory clarity on a number of questions, in a case that some experts see as potentially heading to the Supreme Court.
Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
