- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-06-06T17:44:00
The Securities and Exchange Commission (SEC) continued its crackdown on the digital asset industry Tuesday, charging cryptocurrency exchange Coinbase with violating federal securities laws.
The allegations against Coinbase, which are largely similar to charges levied against Binance by the SEC on Monday, include operating an unregistered securities exchange, broker, and clearing agency and the unregistered offer and sale of securities in connection with a staking-as-a-service program, the SEC said in a press release.
The agency is seeking injunctive relief, disgorgement of ill-gotten gains plus interest, penalties, and other equitable relief as part of its litigation.
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2023-12-15T19:37:00Z By Kyle Brasseur
The Securities and Exchange Commission denied a petition filed on behalf of cryptocurrency exchange platform Coinbase that called for the creation of a new regulatory framework for crypto asset securities.
2023-07-18T21:06:00Z By Aaron Nicodemus
A judge’s ruling the token XRP does not intrinsically possess the characteristics of a security that must be registered with the Securities and Exchange Commission has not cleared the uncertainty that remains around the regulation of digital assets, according to experts.
2023-06-05T19:35:00Z By Jeff Dale
The Securities and Exchange Commission charged Binance Holdings, its U.S.-based affiliate BAM Trading Services, and their founder Changpeng Zhao with a series of securities law violations, including operating unregistered exchanges.
2025-03-27T13:11:00Z By Jeff Dale
The U.K. Financial Reporting Council issued penalties against PwC and a former auditor over deficiencies on work related to the 2019 financial statements of now shuttered Wyelands Bank.
2025-03-27T12:49:00Z By Aaron Nicodemus
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
2025-03-26T18:48:00Z By Oscar Gonzalez
The European Commission released its preliminary findings last week regarding Apple and Google not complying with the Digital Markets Act. It issued orders to both companies regarding their business practice and plans to release all of its findings next week.
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