NFTs Are Securities and It’s Great
NFTs Are Securities and It’s Great Original Source
Read MoreThe Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new
Read MoreAssets will have to comply with current regulations approved this week by the country’s outgoing President Jair Bolsonaro. Source
Read MoreThe United States Securities and Exchange Commission (SEC) filed a complaint against Thor Technologies and its cofounder and CEO David Chin in U.S. District Court in San Francisco on Dec. 21. The SEC claimed that Thor’s 2018 initial coin offering (ICO) constituted an unregistered securities sale under the Securities Act
Read MoreThe Securities Commission of Bahamas has slammed the current CEO of bankrupt crypto exchange FTX John J. Ray III for his statements regarding the ongoing investigation into FTX. In a press release sent to Cointelegraph, the Bahaman regulator didn't directly point toward the exact statements of the CEO, but addressed recent
Read MoreAccording to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house of cards on a foundation of
Read MoreIn his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise. Original Source
Read MoreTo help out the recently duped investors of FTX Tokens (FTT), shareholder rights litigation firm — Schall Law Firm — has taken up the task of investigating the investors’ claims against FTX for violations of the securities laws.It is estimated that over one million people have lost their life savings
Read MoreMost cryptocurrencies are likely to be regulated as securities in the United States according to the CEO of Intercontinental Exchange Inc (ICE), Jeffrey Sprecher, and Senator Elizabeth Warren. The renewed focus on regulating cryptocurrencies as securities comes in light of FTX’s recent implosion, which wiped countless billions from the market,
Read MoreBankman-Fried is coming under fire for his attempts at using the media to form his own version of events. That comes as crypto exchange FTX faces bankruptcy proceedings after a CoinDesk report revealed that Alameda Research, an affiliated trading firm that Bankman-Fried also owned, held substantial amounts of FTX’s native
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