The US SEC sues Unicoin and its executives, alleging they broke securities laws by raising $100M+ for crypto tokens falsely claimed to be backed by real estate
The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges …
How the US is using wire fraud laws to prosecute crypto crimes, such as with SBF, while the debate over whether crypto tokens are securities plays out in court
Bloomberg :
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @mcuban , @panekkkk ,...
A US bankruptcy judge rules that Celsius “may sell or convert any non-BTC and non-ETH” crypto tokens or assets to Bitcoin or Ethereum starting on July 1, 2023
A US bankruptcy judge rules that Celsius “may sell or convert any non-BTC and non-ETH” crypto tokens or assets to Bitcoin or Ethereum starting on July 1, 2023
The sell-off precedes creditor distributions that will only be made in the two most popular cryptocurrencies.
The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens
- The SEC has arrested and charged a former Coinbase employee with wire fraud. — In the SEC complaint, it mentions nine tokens and says they are all securities.
Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors
Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis … Tweets: @alex , @tracyalloway , @mdudas , @thestalwart , @nouriel , @mliebr...