The suit comes just one day after the SEC sued Binance, the largest crypto exchange in the world by volume, also over securities matters.
A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.
The SEC is accusing Binance, the world’s largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a federal suit
The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi,
Elon Musk lost another bid to end a 2018 settlement with the U.S. Securities and Exchange Commission that requires oversight of some of his Tesla-related tweets. The 2nd U.S. Circuit Court of Appeals
Growing concerns in the U.S. crypto industry around regulation is making overseas opportunities look more appealing.
Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent’
Coinbase has filed a petition to compel the U.S. Securities and Exchange Commission to respond to a months-old petition that asks whether the securities regulator would allow the industry to be regula
The SEC's actions have yet to shake the crypto markets in any material sense.
As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.
Binance's CFTC lawsuit may bring about more regulation for the crypto space and affect market players' confidence.
If the crypto industry doesn’t get clear rules of the road, expertise will move offshore, experts say.
American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission. In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are o
The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto as
The Justice Department and SEC are investigating the stock sales that officers of Silicon Valley Bank made days before the bank failed, according to both the WSJ and the NYTimes. The probes are report
The U.S. Securities and Exchange Commission (SEC) says Tesla CEO Elon Musk still needs to get pre-approval from lawyers before tweeting Tesla-related information. The SEC penned its renewed stance thi
The SEC proposed a new rule that may back crypto companies further into a corner as regulators continue to crack down on the space.
Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. The exchange, which was c
Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “sel
FTX founder and former CEO Sam Bankman-Fried plead not guilty to all eight counts of U.S. criminal charges on Tuesday. Bankman-Fried appeared before a judge in the U.S. District Court in New York City