SEC sanctioned for ‘abuse of power,’ probes Ethereum: Law Decoded
The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
Terraform Labs co-founder Do Kwon remained in Montenegro as the SEC trial kicked off in New York on March 25.
CommEx previously remained silent about its founders or key executives, but admitted having some former Binance Russia veterans in the team.
The Securities and Futures Commission of Hong Kong issued a warning against HKCEXP, which it claims lured investors by falsely claiming to be an “SFC-registered business.”
The ban will take effect within five days, allowing investors to exit their crypto positions held via the Binance exchange.
EU regulators have opened a non-compliance investigation into various marketing and ranking practices of Apple, Google, Meta and Amazon in potential violation of the EU Digital Markets Act.
Nigerian authorities are investigating how the detained executive fled despite not holding any travel documents.
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The decision to release Kwon reportedly came from the Council of the Supreme Court, which is set to review a decision that could grant or deny extradition to his native South Korea.
Ray Youssef remains optimistic about Nigeria’s chance of maintaining its position in the crypto ecosystem despite recent regulation challenges.