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SEC Targets Coinbase, Do Kwon Arrested, $95M FTX Sale at Mysten Labs: Hodler’s Digest, March 19-25
Coinbase (NASDAQ:) May Face SEC Enforcement Action Over ‘Potential Securities Law Violations’
Cryptocurrency exchange Coinbase Wells’ notice from the US Securities and Exchange Commission (SEC) suggests an upcoming enforcement action. According to Coinbase, the legal threat could target the staking software, listed digital assets, wallet or Coinbase Prime services. The warning comes after Coinbase submitted multiple proposals to the SEC about registration over the months, all of which the SEC refused to respond to, said the exchanges’ chief legal officer, Paul Grewal. Coinbase CEO Brian Armstrong Rolling calls For crypto users to select pro-cryptocurrency candidates after development.
FTX debtors agree to sell $95 million stake in Mysten Labs
As FTX’s bankruptcy proceedings proceedThe debtors of the defunct cryptocurrency exchange have agreed to an agreement seeking to sell $95 million worth of its preferred stock in Mysten Labs, the company behind the Sui blockchain. Court approval is still pending, as are other bids for the shares. at a related address, FTX is seeking a refund of $460 million Some of the clients’ funds were allegedly misappropriated from venture capital firm Modulo Capital, which received a large investment from Alameda Research last year. The investment was reportedly directed by Sam Bankman-Fried, who faces multiple counts in federal court of alleged fraud during his tenure as CEO.
Do Kwon is facing fraud charges from US prosecutors hours after his arrest
Mastercard (NYSE:) to settle transactions for the Asia-Pacific stablecoin portfolio
Celsius custody account holders can get 72.5% of their cryptocurrency back, bankruptcy judge says
The analyst explains that it is likely to outperform all crypto assets in the aftermath of the banking crisis
US Senator Ted Cruz is trying again with a new bill to prevent CBDCs
Hindenburg Research reports preventing short positions, claims facilitating fraud and inflated metrics
European banks are heading into another weekend of uncertainty as default risks rise
Best and Worst Countries for Crypto Taxes Plus Crypto Tax Tips
Creating organic generative art from robotic algorithms: Emily Xie, NFT Creator
US law enforcement agencies are ramping up cryptocurrency-related crimes
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