Coinbase User Sues over lockouts, Crypto as a Security
By failing to complete the necessary registration as a securities exchange, user accuses Coinbase of flouting federal and state regulations. On behalf of account and wallet users “who have had their accounts compromised and experienced damages deriving from the illicit transfer of funds,” one user has launched a class-action lawsuit against cryptocurrency exchange Coinbase. George […]
SEC Questions Elon Musk About Quitting Twitter Acquisition
Dogecoin lover Elon Musk faced questions from the Security and Exchange Commission (SEC) about his tweet on quitting the Twitter acquisition SEC Requests for More Information The United States Securities and Exchange Commission (SEC) has requested more information from Elon Musk over a tweet he made on May 17th regarding his $44 billion commitment to […]
Grayscale To Sue SEC Over Bitcoin ETF Rejection
Grayscale is looking to sue the Securities and Exchange Commission (SEC) after its application for a Bitcoin ETF was rejected SEC Rejects Grayscale Bitcoin ETF After the SEC rejected a request to turn Grayscale Investments’ Bitcoin trust into an exchange-traded fund, the company said it had filed a lawsuit. Late on Wednesday, Grayscale’s CEO, Michael […]
Do Kwon Must Comply With Investigation Into Mirror Protocol
The CEO of Terraform Labs Do kwon appeal was overruled and must comply with the SEC investigation into Mirror Protocol Tension Between SEC, Terrform Labs An appeal filed on behalf of Terraform Labs CEO Do Kwon was overruled by a US judge on June 8, ruling that he and his firm must comply with the […]
Grayscale likely to sue SEC if application for spot Bitcoin ETF Is Denied
Grayscale is reportedly likely to sue the Security Exchange Commission (SEC) if their spot ETF application is denied Grayscale Could Sue SEC If Application Is Denied Grayscale Investments could potentially sue the Securities Exchange Commission (SEC) if the agency fails to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF). This comes after […]