Crypto Firms Announce New Product Launches in Custody, Stablecoins, Wallets -
According to a recent press release, Prometheum Capital has received the first-ever approval from the Financial Industry Regulation Authority...more
6/5/2023
/ Broker-Dealer ,
CFTC ,
Criminal Prosecution ,
Cryptoassets ,
Cryptocurrency ,
Enforcement Actions ,
European Banking Authority (EBA) ,
Financial Services Industry ,
FinTech ,
Fraud ,
IOSCO ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
SDN List ,
Securities ,
State Attorneys General ,
United Arab Emirates (UAE)
Dapper Labs was founded in 2018 shortly after the debut of its first NFT collection, “CryptoKitties,” which was so successful it created a bottleneck of transactions on the decentralized Ethereum Network. Seeking faster...more
3/7/2023
/ Blockchain ,
Corporate Counsel ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Ethereum ,
Howey ,
Investment Contract ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Securities ,
Securities Act of 1933
The SEC’s Complaint -
According to the SEC’s complaint, Kraken offered and sold its staking services to the general public in which participants could transfer crypto assets to Kraken in exchange for “advertised annual...more
On July 25, 2022, the Securities and Exchange Commission (SEC or the Commission) made headlines announcing insider trading charges against 10 individuals across four separate cases, signaling an increased and renewed focus on...more
Significant parallel actions commenced this week by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) bring crypto fraud enforcement into the spotlight, with the SEC alleging that multiple...more
7/25/2022
/ Coinbase ,
Criminal Prosecution ,
Cryptoassets ,
Department of Justice (DOJ) ,
Digital Wallets ,
Enforcement Actions ,
Ethereum ,
Howey ,
Illegal Tipping ,
Indictments ,
Insider Trading ,
Material Nonpublic Information ,
Proposed Rules ,
Rule 10(b) ,
Rule 10b-5 ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Tokens ,
Securities Violations