Coinbase Shares See Over 50% Increase Since SEC Lawsuit
Since the U.S. Securities and Exchange Commission (SEC) filed a complaint against Coinbase for allegedly offering unregistered securities, Coinbase shares have appreciated more than 50%. Despite a securities violation litigation filed against the Coinbase cryptocurrency exchange in the United States, the company’s stock has risen recently. According to data from TradingView , Coinbase’s stock price […]
SEC Waives $30.2M Fine from BlockFi to Prioritize Investors
The agency agreed to defer its claim against the crypto lender BlockFi to ensure investors are repaid in full without delay. According to a court filing dated June 22, the U.S. Securities and Exchange Commission (SEC) has decided to delay collecting a $30.2 million fine from defunct crypto lender BlockFi. The move comes as part […]
Mango Markets Hacker Sets to Stand Trial in December
Avraham Eisenberg, the crypto user responsible for a multimillion-dollar attack on the decentralized exchange Mango Markets is scheduled to face trial on December 4 in the United States. Judge Richard Berman of the U.S. District Court for the Southern District of New York set Avraham Eisenberg’s trial date for December 4, according to court documents […]
eToro Limits Crypto Trading for U.S. Customers Due to SEC Lawsuits
eToro trading platform announces that it will stop offering new positions in four crypto assets for U.S. customers following the SEC’s legal actions against Coinbase and Binance. eToro, a leading social trading platform that offers access to various asset classes, including stocks, ETFs, options, and cryptocurrencies, has decided to limit its crypto offerings for customers […]
Gensler-themed Memecoins Surge Amidst SEC Lawsuits
Following the U.S. Securities and Exchange Commission’s (SEC) lawsuits against Coinbase and Binance, the value of several memecoins depicting the SEC and its chairman, Gary Gensler, has increased dramatically. One such token is Good Gensler (GENSLR), which increased by more than 260% following the regulator’s June 6 complaint against Coinbase for offering unregistered securities. Good […]