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Cryptocurrency lawyers have rebuffed comments made by the head of the United States securities regulator, claiming in a recent interview that every cryptocurrency except Bitcoin (BTC) is a security that falls under its jurisdiction.In a wide-ranging Feb. 23 New York Magazine interview discussing crypto, the chair of the Securities and
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New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also stressed that Coinex is not registered with the U.S. Securities and Exchange Commission (SEC) even
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Federal and New York regulators object to the billion-dollar deal, saying it is potentially unlawful and discriminatory. Original Source
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Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge's decision to allow a lawsuit against Dapper Labs's NBA Top Shots NFTs to play out. U.S. attorney Jake Chervinsky made the comment
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A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot
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The New York State Attorney General's office sued crypto exchange CoinEx, arguing it was an unregistered securities broker and commodity broker-dealer under state law. Source
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Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated. Source
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On Wednesday, Judge Lewis Caplan of the Southern District of New York (SDNY) disclosed the names of the two additional bond co-signers, Stanford University’s Andreas Paepcke, a senior research scientist; and Larry Kramer, once a dean of the university’s law school. They had agreed to pay $200,000 and $500,000, respectively.
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GBBC Digital Finance announced on Feb. 16 that it has joined the International Organization of Securities Commissions (IOSCO) as an affiliate member. The IOSCO is an international association that develops and promotes international standards for securities. IOSCO’s members include 35 national securities regulators and over 200 affiliated organizations. In addition, the
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