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Coinbase presents staking petition to SEC

Coinbase presented a petition to the SEC that underlines why staking cannot be classified as securities in every circumstance. The cryptocurrency exchange Coinbase seems to have decided to engage proactively in crypto staking, which has recently drawn the authorities’ attention. This indicates that the corporation will not relinquish its battle against the SEC’s stance on […]
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SEC sues Utah-based Green United over $18m crypto mining scam

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fake cryptocurrency mining equipment. According to the SEC, Green United and its founder, Wright Thurston, and promoter, Kristoffer Krohn, offered investments in $3,000 “Green Boxes,” […]
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Former co-lead engineer of FTX charged by SEC

The Securities and Exchange Commission (SEC) has taken action against Nishad Singh, the former co-lead engineer of FTX, for his involvement in a multiyear scheme to defraud equity investors.  Singh, who co-founded the FTX crypto trading platform with Samuel Bankman-Fried and Gary Wang, has been charged with securities fraud. The SEC’s ongoing investigation includes probing […]
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SEC subpoena targets Robinhood’s crypto business

Financial services company Robinhood Markets received a subpoena from the U.S. Securities and Exchange Commission (SEC) regarding the company’s crypto custody services and supported cryptocurrency assets on its platform.  In a form 10-k filing with the SEC, Robinhood revealed that the company received the subpoena from the SEC in December 2022. The subpoena, according to […]
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Bybit CEO bashes harsh SEC crypto stance

Bybit CEO Ben Zhou has joined the regulations talk, telling crypto.news that harsh crackdowns on crypto exchanges won’t benefit anyone. During the Blockchain Life summit in Dubai earlier today, he added that he expects bitcoin (BTC) to hit $50,000. Bybit’s Ben Zhou doubles down on crypto crackdowns At the Blockchain Life summit Dubai, Bybit CEO […]
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