After XRP, Regulators Allege Ethereum (ETH) Is a Security. The NYAG alleges that ETH passes Howey’s test, positing that it “is a speculative asset that relies on the efforts of third-party developers ...
Tag: Allege
U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC
The United States government may have uncovered another another component of Sam Bankman-cryptocurrency Fried’s enterprise thanks to their investigation. According to The New York Times, federal...
Rivian Under Scrutiny As Employees Allege Safety Breach At Illinois Plant
At least a dozen employees at Rivian Automotive, Inc (NASDAQ: RIVN) accused the electric-vehicle maker of safety violations at its Illinois plant, Bloomberg reports. The complaints filed with federal ...
Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold
The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by researchers at t...
Multiple State Financial Regulators Allege Crypto Loan Platform Nexo Violates Securities Laws
Cryptocurrency lender Nexo is facing regulatory actions in eight US states for allegedly offering an investment product that violates securities laws. State regulators in California, New York, Washing...
Ripple Defendants Allege SEC Attempting Deliberate Delay
12 hours ago | 2 mins read Altcoin News According to the letter, the commission is making yet another effort to put off dealing. John Deaton said that the SEC has sparked a debate by bringing in forei...
Bitcoin Bull Michael Saylor Sued For Allege Tax Fraud
Bitcoin investor and founder of software company MicroStrategy Michael Saylor are being sued for alleged tax fraud, according to a complaint filed by the United States D.C. Attorney General Karl Racin...
Coinbase Made ‘False and Misleading Statements’ About Its Business, Lawsuits Allege
Crypto exchange Coinbase has been hit with two separate class-action lawsuits on Thursday. Each allege the company made “false and misleading statements” regarding the nature of its operations. Each s...
Staking Companies Figment and Chorus One Say They Would Not Support New Terra Blockchain, Allege Voting Indiscretions
The two staking companies specified that that they would not support Terra 2.0 because of the network’s voting process. Although a good number of crypto-inclined businesses have declared support for t...
Bitcoin Bad? Leaked Documents Allege Credit Suisse Operated Accounts of Criminals
Recently leaked documents allege that the giant private bank Credit Suisse had held hundreds of billions of dollars of clients alleged or involved in drug trafficking, corruption, torture, money laund...
Alex Murdaugh Facing Over 70 Financial Crimes Charges After Indictments Allege He Defrauded Victims Out Of Nearly $9 Million
Topline Alex Murdaugh has been indicted on 27 new counts of fraud and computer charges, the South Carolina Attorney General’s Office said Friday, bringing a total of more than 70 charges against the d...