A federal judge threatened to sanction the SEC’s lawyers after their “false” arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.
The suit alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”
This is the first time since July 2021 that the fund has traded at a discount in single digits.
The latest price moves in crypto markets in context for Nov. 21, 2023.
All trading on the platform will be disabled on Dec. 4, several months after Bittrex’s U.S. arm filed for bankruptcy and stopped operations.
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.
The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven’t dampened investor enthusiasm for most of the tokens.
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.
The move was expected and isn’t having any immediate effect on the bitcoin price.
