Letitia James, the New York Attorney General, has filed a suit against cryptocurrency exchange KuCoin for violating securities laws. James claims that KuCoin sold tokens that classify as securites w...
Tag: Unregistered
New York Regulator Sues KuCoin for Unregistered Securities Sale
KuCoin, the Seychelles-based crypto exchange, came under the regulatory radar. Herein a New York State Attorney targeted the exchange over unregistered activities. US regulators continue to take steps...
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York laws governing the trading of securities and commodities, and named ether, among other tokens, as ...
FCA Enforces Shut Down of Unregistered Crypto ATMs in UK
The U.K. Financial Conduct Authority (FCA) is taking action again against illegally-operating crypto ATMs, this time in East London. Last month, the agency conducted a similar operation in Leeds. The ...
UK FCA tightens control on unregistered crypto ATMs
Ad The United Kingdom Financial Conduct Authority(FCA) cracked down on crypto ATMs in the country and moved on to the east London region with the investigation, Reuters reported. The FCA has been work...
South Korea saw over $4B in unregistered crypto transactions in 2022
In 2022, the citizens of South Korea transacted $4.3 billion (5.6 trillion Korean won) through ‘illegal’ crypto exchanges, according to local sources. The country’s government has been esp...
Will SEC Classify Crypto Mining As Unregistered Security?
Bitcoin News Through this crypto mining scam, Green United raised over $18M in more than 4 years. The firm fraudulently offered its mining equipment – “Green Boxes” and “Green Nodes.” Fraudulent c...
Is SEC Trying to Hurt the Industry by Tagging Binance.US Unregistered?
The crypto community argues for and against the SEC’s tag on Binance.US. A crypto influencer said the regulator was seeking to mitigate further casualties. Ben Armstrong believes the issue affects all...
SEC Lawyer Alleges Binance.US Sells Unregistered Securities
U.S. Securities and Exchange Commission lawyer William Uptegrove asserted in a Voyager bankruptcy hearing that SEC staff believe Binance.US is running an unregistered securities exchange. He added tha...
SEC lawyer says Binance.US runs unregistered exchange, Voyager tokens should be regulated
Ad An SEC lawyer has stated that both parties involved in Voyager Digital’s bankruptcy case come under securities regulations, according to a Bloomberg report on March 3. Binance.US, Voyager face secu...
NBA Top Shot NFTs could be unregistered securities, judge says
A New York judge has ruled that a proposed class-action lawsuit against Dapper Labs and its Top Shot Moments NFT collection can move forward because the offering could have been an unregistered securi...
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Voyager “onboarded New York customers and thus illegally operated a virtual currency business within the state without a license, in violation of New York laws and regulations,” depriving its customer...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto e...
NY Attorney General Accuses CoinEx as an Unregistered Exchange
The New York Attorney General alleged CoinEx for not registering with the state. The Attorney General claimed that the exchange had been functioning as an unregistered securities broker. In a tweet, s...
Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities – Bitcoin News
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case...
SEC Charges Do Kwon With Offering Unregistered Securities
Key Takeaways The SEC filed a lawsuit against Terraform Labs and Do Kwon. It claims that Kwon sold unregistered securities and violated anti-fraud provisions of federal securities laws. The agency wan...
FCA Cracks Down On Unregistered Crypto ATMs –
Join Our Telegram channel to stay up to date on breaking news coverage What– the UK financial watchdog, Financial Conduct Authority (FCA), cracks down on unregistered crypto automated teller machines ...
Ripple forced SEC to accept that XTP is a software code and no unregistered Security: Report
Ripple, the San Francisco-based fintech company, has been embroiled in a legal battle with the US Securities and Exchange Commission (SEC) over the classification of its cryptocurrency, XRP. However,...
UK: against unregistered Bitcoin ATM
In recent years, the use of Bitcoin ATMs has increased in the United Kingdom. These ATMs allow people to buy and sell Bitcoin and other cryptocurrencies using cash. While Bitcoin ATMs can be a conveni...
The SEC Goes After Unregistered Securities
Getty Images Key takeaways The SEC has recently escalated its campaign against unregistered securities, which they claim put investors in risky situations without enough transparency Kraken has shut d...
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs). The FCA and the cyber team at West Yorkshir...
Kraken Questioned By The SEC Over The Sale Of Unregistered Securities
Join Our Telegram channel to stay up to date on breaking news coverage What – Kraken has appeared on the radar of the U.S. SEC due to its sale of alleged unregistered securities. Why – The crypto exch...
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for ...
SEC Investigates Kraken Over Offering Unregistered Securities
2 hours ago | 2 mins read Editors News The probe is related to some services Kraken provided to customers. U.S. regulators are closely observing digital asset exchanges. The Securities and Exchange Co...
Kraken is facing an SEC probe Regarding unregistered securities
Kraken, the popular crypto exchange, is facing a probe by the Securities and Exchange Commission (SEC) The regulator has filed the probe to ascertain whether Kraken broke securities rules. The SEC is ...
U.S. SEC Probes Kraken Over Sale of Unregistered Securities: Report
The United States Securities and Exchange Commission (SEC) is probing major American crypto exchange Kraken over its unregistered securities offerings to U.S. investors. The investigation has gotten t...
Coinbase Wins Consumer Lawsuit Over Unregistered Securities
Coinbase Inc won the dismissal of the lawsuit alleged by consumers over the unregistered securities. The lawsuit was filed on October 21 in the Federal Court in New york. Class-action lawsuit investig...
Coinbase unregistered securities lawsuit gets dismissed in court – Cryptopolitan
A consumer class action lawsuit against the United States’ largest crypto entity Coinbase, which alleged that the cryptocurrency exchange enabled the sale of unregistered securities on its platform, w...