SEC.gov | SEC Charges Three So-Called Market Makers and Nine ...
WEB4 days ago · The SEC also alleged that ZM Quant and a third so-called market maker, CLS Global, undertook similar schemes to manipulate the market of a crypto asset offered and sold as a security that was created at the direction of the Federal Bureau of Investigation as part of its parallel investigation into potential market manipulation in the crypto ...
SEC Charges Cumberland DRW for Operating as an Unregistered …
WEB3 days ago · The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect investors.
SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This ... - CoinDesk
WEB3 days ago · NEW YORK — U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said he thinks it's unlikely that bitcoin or other cryptocurrencies will ever be widely used as a form of payment ...
SEC.gov | SEC Charges Founder of $1.7 Billion “HyperFund” Crypto ...
WEBJan 29, 2024 · The SEC alleges that Xue Lee and Brenda Chunga defrauded investors with HyperFund, a $1.7 billion crypto asset scheme that promised high returns. Chunga pleaded guilty to securities fraud and wire fraud, while Lee faces civil and criminal charges.
Why the SEC is going after crypto exchanges Coinbase and Binance - NPR
WEBJun 10, 2023 · The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.
The SEC sues Binance, unveils 13 charges against crypto exchange …
WEBJun 5, 2023 · U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.
SEC Sues Coinbase, Accuses Crypto Platform of Breaking Market …
WEBJun 6, 2023 · The S.E.C., the nation’s top securities regulator, filed the lawsuit a day after it accused Binance, the world’s biggest cryptocurrency trading exchange, of mishandling customer funds and lying...
SEC Charges Crypto Trading Giant Cumberland DRW in Latest …
WEB1 day ago · The Chicago-based crypto trader, accused of operating as an unregistered dealer, allegedly processed over $2 billion worth of digital assets that the SEC considers securities.
Crypto scores a key legal victory in long-running regulatory feud
WEB“The crypto industry has had a dark cloud hanging over it ever since the SEC went after Coinbase and Binance,” said Antoni Trenchev, co-founder and managing partner of the …
Gensler’s SEC racks up legal wins against crypto - POLITICO
WEBMay 5, 2024 · The SEC has won several legal battles against crypto firms and executives, arguing that most digital assets are unregistered securities. The industry faces a threat of more lawsuits and stricter...