Thursday, December 26, 2024
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How are crypto firms responding to US regulators’ enforcement actions?

United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment.Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry

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3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers

Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.In a Feb. 7 filing with United States Bankruptcy Court in the Southern District of New York, lawyers with the Latham & Watkins firm representing 3AC liquidators

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