2023-5-8 19:15 |
A Wells notice is a letter from the SEC indicating possible enforcement action against a person or a firm.
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Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms."
2023-3-23 09:17 | |
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Ripple executive David Schwartz took to Twitter to criticize the SEC's recent actions, suggesting that they may be motivated by incompetence or a desire to protect insiders and early investors
2023-3-23 09:07 | |
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Flagship cryptocurrency exchange Coinbase has stood the test of time through bear and bull markets alike. Like it or not, Coinbase lives on a short list of exchanges that have been around for over a decade.
2023-3-23 08:47 | |
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U. S. SEC issued a Wells notice to Coinbase on Wednesday. Coinbase chief legal officer Paul Grewal’s remarks in response. Coinbase stock slipped more than 10% in extended hours. Coinbase Global Inc (NASDAQ: COIN) is trading over 10% down in extended hours after receiving a “Wells notice” from the SEC for potentially violating U.
2023-3-23 01:30 | |
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Coinbase revealed in a March 22 filing that it has received a Wells notice from the United States Securities and Exchange Commission (SEC). The post Coinbase receives Wells notice from SEC appeared first on CryptoSlate.
2023-3-23 00:51 | |
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Coinbase received a Wells Notice by the SEC today The notice is related to services provided by the exchange, which includes its Earn program The United States Securities and Exchanges CommThe post Coinbase receives Wells Notice from SEC relating to securities law violations appeared first on AMBCrypto.
2023-3-23 00:32 | |
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Following the issuance of a Wells Notice from the Securities and Exchange Commission (SEC) to Binance USD (BUSD) issuer Paxos, the stablecoin has taken a hit in the market. Its market cap plunged rapidly as the firm was ordered to stop issuing new tokens and redemptions of the stablecoin surged. There has since been a […]
2023-3-17 02:00 | |
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On February 21, Paxos halted the issuance of new BUSD tokens after it was given a Wells Notice, a document the SEC provides to entities under investigation. The post SEC Wells Notice, what is it and why more may be coming appeared first on CryptoSlate.
2023-3-11 13:21 | |
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Crypto news: We bring you a roundup of what’s been happening in crypto this week. And what a week it was! The post This Week in Crypto News: Lido’s Wells Notice, Kraken Bank, and Jimmy Fallon Subpoenaed appeared first on BeInCrypto.
2023-3-11 18:00 | |
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David Hoffman apologized for spreading rumors about what he called a “Wells notice carpet bombing” targeting crypto firms.
2023-3-6 22:15 | |
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Lido token (LDO) plummeted by almost 20% since Friday after the rumors of a Securities and Exchange Commission (SEC) Wells Notice. The post Lido Price Suffers on Rumors of Wells Notice appeared first on BeInCrypto.
2023-3-6 15:13 | |
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Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service.
2023-3-6 04:03 | |
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The US Securities and Exchange Commission (SEC) issued a Wells notice to the BUSD issuer Paxos earlier this month. Since the Binance CEO, Changpeng Zhao (CZ), broke the news, the second and third-largest stablecoins have witnessed diverse movements. According to…
2023-2-27 14:29 | |
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Paxos ends relationship with Binance and is privately engaging with the SEC regarding the agency's issuance of a Wells Notice. The post Paxos Officially Ends Relationship With Binance as SEC Commissioner Questions SEC’s Methods appeared first on BeInCrypto.
2023-2-22 23:52 | |
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News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.
2023-2-22 17:23 | |
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The crypto space is experiencing increasing tension as United States regulators intensify their regulatory approaches. Some of their recent enforcement actions include a stop order mandate on crypto token issuers, a Wells Notice to some exchanges, a hint of lawsuits, and others.
2023-2-22 17:20 | |
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Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a security in a Wells Notice sent to its issuer, Paxos Trust Company.
2023-2-19 00:27 | |
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The stablecoin issuer confirmed it has received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming.
2023-2-14 00:14 | |
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Комиссия по ценным бумагам и биржам (SEC) США планирует подать судебный иск против эмитента стейблкоинов Binance USD (BUSD) компании Paxos. Из анонимных источников стало известно, что сотрудники Paxos получили от SEC уведомление о возможном применении мер принудительного характера (Wells notice).
2023-2-13 15:30 | |
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The NYDFS has ordered Paxos Trust Co. to stop issuing BUSD stablecoin. This comes after the SEC issued Paxos with a wells notice on the same. The SEC alleges Binance USD is an unregistered security.
2023-2-13 12:46 | |
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The United States Securities and Exchange Commission (SEC) enforcement division has issued a Wells notice to Paxos — The Wall Street Journal (WSJ) reported, citing anonymous sources. The post The SEC may potentially sue Paxos over BinanceUSD – WSJ appeared first on CryptoSlate.
2023-2-13 10:30 | |
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Could crypto exchanges be the new banks or money lenders? When Coinbase tried to launch its high-interest crypto "Lend" product, the SEC hit them with a Wells Notice. Coinbase later dropped the plan wThe post Coinbase to allow users to borrow up to $1 million appeared first on AMBCrypto.
2021-11-3 18:30 | |
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The United States Securities Exchange Commission (SEC), served Coinbase with what is known as a "Wells Notice," for its "Lend" program. Due to this, "Lend" is now off the market "indefinitely.
2021-9-12 16:30 | |
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The Securities and Exchange Commission plans on suing Coinbase if it goes ahead to launch its lending program. According to a blog post, the exchange got a Wells Notice from the regulator. From the looks of things, the SEC could soon lead Coinbase to a court proceeding.
2021-9-8 14:00 | |
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The ongoing dispute between crypto startup Kik and the SEC has this week seen a new defense fund set up and an extension to the Wells process. Although crypto-lawyer, Jake Chervinsky thinks the lack of enforcement action is telling.
2019-5-29 16:00 | |
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One of the most important banks in the United States, Wells Fargo, is currently experiencing a ‘system issue’ that is affecting the normal functioning of their services. The information was released by Wells Fargo on February 7 on Twitter.
2019-2-8 02:05 | |
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American crypto exchange Coinbase has responded to the latest regulatory action from the Securities and Exchange Commission (SEC). The post Coinbase Calls for Open Dialogue in Response to SEC Wells Notice appeared first on BeInCrypto.
Coinbase has become the next major exchange to receive a Wells Notice from the United States Securities and Exchange Commission (SEC). The post Coinbase Hit With Wells Notice, SEC Pursues ‘Court Over Constructive Dialogue’ appeared first on BeInCrypto.