Stoner Cats NFT Creator Charged with Illegal Securities Offering
The NFT-only animated series starred Vitalik Buterin, Gary Vaynerchuk, and Hollywood A-listers. Stoner Cats 2 LLC (SC2), the entity responsible for producing the Stoner Cats animated series, has consented to a cease-and-desist directive and additional remedial actions imposed by the United States Securities and Exchange Commission (SEC). This decision comes after allegations of SC2 engaging […]
Hashdex Files Spot Bitcoin ETF Application With U.S SEC
Hashdex files a Bitcoin ETF application with the US SEC to hold spot Bitcoin in the Bitcoin futures ETF. Hashdex, a cryptocurrency asset management company, has entered the US market for a Bitcoin ETF. To hold spot Bitcoin in the Bitcoin futures ETF, the world leader in cryptocurrency asset management, submitted an application to the […]
Terra Users Face Domain Issue Amidst Legal Drama
Terra users are being urged to exercise caution as a security issue with Terra.money comes to light. The occurrence, which takes place in the midst of legal uncertainty in the cryptocurrency realm, emphasizes the industry’s continual quest for stability. Terra, a blockchain network well-known for its stablecoin, recently discovered a potential risk to the online […]
Coinbase Exchange Launches Stand with Crypto Alliance
Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community. The goal is to encourage the cryptocurrency sector to engage in U.S. legislative activity. The Stand With Crypto Alliance also seeks to influence how the U.S.’s crypto ecosystem will look. Coinbase’s new organization aims to build […]
Coinbase Asks U.S. Federal Judge to Dismiss SEC’s Lawsuit
Coinbase has asked the court to dismiss the Securities and Exchange Commission (SEC) complaint against them. The cryptocurrency exchange argues that it doesn’t offer investment contracts, and the SEC’s claims go against established legal interpretations. The SEC accused Coinbase of violating securities laws, but the exchange’s lawyers claim the agency disregarded its prior interpretations and […]