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Unregistered Crypto Sales Land CEO And Companies In Hot Water With SEC: Slapped With $4M Fine
Monday, May 1, 2023 - 1:41pm | 330The U.S. Securities and Exchange Commission (SEC) announced settled charges against Seattle-based Coinme Inc., its subsidiary Up, Global SEZC (Up Global) and Neil Bergquist for conducting unregistered offers and sales of a cryptocurrency asset called UpToken. The SEC's...
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Binance's Nightmare: Can A $1B Crypto Deal Survive A Legal Battle With The CFTC?
Monday, April 3, 2023 - 11:18am | 407A New York judge stated on Friday that the U.S. government possesses a "considerable case on the merits" in its effort to halt Binance.US's $1 billion acquisition of the assets of insolvent cryptocurrency lender Voyager. District Judge Jennifer Rearden expressed her intention to...
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US Government Transfers Over $1B In Bitcoin, Some Going To This Major Exchange: On-Chain Data
Wednesday, March 8, 2023 - 6:18pm | 553According to PeckShield, a blockchain security company, 49,000 Bitcoin (CRYPTO: BTC) worth $1.08 billion have been transferred from addresses related to the U.S. government. Some of the BTC was originally seized from the Silk Road hacker. The report revealed that 9,826 BTC worth $217...
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Cathie Wood Expects Bitcoin To Reach $500,000
Wednesday, May 19, 2021 - 2:04pm | 440Cathie Wood, founder, chief investment officer and CEO of Ark Invest, appeared on "The Bloomberg Businessweek" Wednesday for an interview. Inflation Concerns: Wood told Bloomberg she thinks all assets are in a "risk-off period." The innovation sector of the...