Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
Litigation
Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.
After Binance.US canceled a one billion dollar deal with Voyager Digital, the troubled company has decided to wind down and distribute its remaining assets. However, the customers will initially receive only a part of these funds.
The U.S. Securities and Exchange Commission has sued Coinbase, the U.S.-based cryptocurrency exchange, for operating as an “unregistered broker, exchange and clearing agency”.
The U.S. Securities and Exchange Commission has sued Coinbase, the U.S.-based cryptocurrency exchange, for operating as an “unregistered broker, exchange and clearing agency”.
After Binance.US canceled a one billion dollar deal with Voyager Digital, the troubled company has decided to wind down and distribute its remaining assets. However, the customers will initially receive only a part of these funds.
Binance.US and CEO Changpeng Zhao are exploring strategies to reduce his majority stake in the company to ease tension between Binance and U.S. regulators and continue operations in the region.
Recently SEC was legally obliged to respond to Coinbase's writ of mandamus. Meanwhile, the regulator deleted a possible first-ever definition of digital asset from its rule and the exchange started an open letter to Congress to support pro-crypto legislation.
Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.
Hydrogen Technologies and its former CEO have been found guilty of market manipulation in a case brought by the SEC. The court ordered Hydrogen Corporation to pay damages of approximately $2.8 million.
