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Second Circuit Vacates Former OpenSea Employee’s “Insider Trading” Conviction

On June 1, 2022, the U.S. Attorney’s Office for the Southern District of New York charged former OpenSea employee Nathaniel Chastain with wire fraud1 for an NFT “insider trading” scheme. At the time, we here at SKrypto asked:...more

SEC v. Coinbase. SEC Leaves the Field.

On February 27, 2025, the Securities and Exchange Commission formally abandoned its enforcement action against Coinbase. ...more

SEC Crypto 2.0

Just how crypto-friendly will the new administration be? Apparently, plenty. Today, SEC Acting Chairman Mark T. Uyeda announced the launch of a task force dedicated to developing a comprehensive and clear regulatory framework...more

Changes? Yes. Records? Not so sure.

On January 7, 2025, CFTC Chairman Rostin Behnam announced that he will be stepping down as Chairman on January 20th and leaving the Commission entirely on February 7th. Just before this announcement, Behnam told the Financial...more

Herding a Bunch of Stoned Cats

On Sept 13, 2023, for its second non-fungible token (NFT) related enforcement action, the SEC issued a settled Order against Stoner Cats 2, LLC (“SC2”) for SC2’s offer and sale of 10,320 NFTs linked to images of characters...more

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