Securities – Page 3

Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight

The company expects to launch wider crypto securities services next year, it said, joining controversial firm Prometheum as a potentially U.S.-compliant digital assets securities firm.

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules

The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum’s Tokens as Securities

The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

The SEC alleges that the scheme raised money from over 200,000 investors worldwide, many of them Haitian-Americans, following a similar suit filed in June by the New York Attorney...

SEC Drops Investigation of Bitcoin L2 Stacks Builder Hiro, Filing Says

The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry...

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests

The U.S. crypto exchange wanted the SEC to give up documents on closed probes involving ether's status as a security, and its research contractor is now suing to get...

Hydrogen Technology Execs Jailed for HYDRO Price Manipulation

CEO Michael Kane and Shane Hampton, head of financial engineering, were sentenced to a total of more than six years in prison.

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

U.S. District Court Judge Phyllis Hamilton dismissed all four of the class action claims against Ripple but will allow one state law claim to proceed to trial.

Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit

The settlement must still be approved by a New York court.