2020-2-8 20:55 |
The frequency of ICO-related enforcement actions has been increasing in the U.S.
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The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said.
Gary Gensler wants 33 more people in the enforcement division of the U. S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch.
Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute.
U.S. regulators have targeted former Voyager Digital CEO Stephen Ehrlich with lawsuits claiming he engaged in fraud and deliberately misrepresented his customers’ government protections.
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
The SEC issued Coinbase a Wells notice on Wednesday, which informs businesses that it is planning future enforcement action against them.