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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

Don’t Expect “Mama Government” to Bail You Out

According to reports, more than 50 lawyers and staffers in the SEC’s Crypto Assets and Cyber Unit have been reassigned to other roles in the agency....more

SEC Crypto Enforcement: Past and Future Tense

There are some in the crypto community who—frustrated with the enforcement first approach of (outgoing) SEC Chair Gary S. Gensler—invested heavily to elect Donald J. Trump the 47th President of the United States. Was that a...more

Leash the Kraken: SEC Sues Kraken

On November 20, 2023, the SEC filed a complaint in the United States District Court for the Northern District of California against Payward, Inc. and Payward Ventures, Inc. which, together, do business as Kraken. The...more

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