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Moody’s downgrades Coinbase amid SEC lawsuit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Moody’s, the international credit ratings agency, has revised its outlook on Coinbase, the cryptocurrency exchange, from “stable” to “negative.” This decision comes after the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase for allegedly functioning as an unregistered securities broker. […]
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US judge revives crypto lawsuit against Kardashian and Mayweather

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kim Kardashian and Floyd Mayweather will find themselves in court, facing allegations of unlawful marketing of the now-defunct cryptocurrency token EthereumMax (EMAX). After dismissing the case last year, US District Judge Michael Fitzgerald reinstated the complaint, granting the plaintiffs a second […]
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Lawsuit against PoolTogether thrown out by US court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The defi community rallied behind PoolTogether by raising $1.4 million through a nonfungible token sale last year to support the platform’s legal defense.  In a June 7 development, a judge in the United States dismissed a lawsuit against PoolTogether, determining that […]
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Changpeng Zhao summoned in SEC lawsuit by US court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In response to the Securities and Exchange Commission’s (SEC) recent lawsuit accusing Binance of conducting unregistered securities operations, the United States district court in Washington, D.C. wasted no time in issuing a summons for Binance CEO Changpeng Zhao on June 7. […]
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Binance launches bitcoin NFTs amidst SEC lawsuit

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance has added bitcoin non-fungible tokens (NFTs) to its marketplace only one day after the U.S. Securities and Exchange Commission (SEC) filed a complaint against the business. In addition to BTC DeGods, Bitcoin Bandits, Bitcoin Frogs, Bitcoin Pizzas, and Bitcoin Punks, […]
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