BarnBridge DAO agrees to settle $1.7M with the SEC for charges against it
BarnBridge DAO, founders to settle SEC charges for $1.7M over unregistered SMART Yield bonds. SEC alleges failure to register crypto asset securities, cites violation of securities laws. Gurbir Grewal emphasizes…
SafeMoon founders arrested on wire fraud and money laundering charges
SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders…
US Senator asks DOJ to consider criminal charges against Binance and Tether
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether. Lummis cites the two companies’ role in aiding illicit fundraising…
SEC charges Impact Theory with unregistered offering of NFTs
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory did not deny nor agree to the charges, but accepted…
Beaxy Exchange suspends operations after the US SEC charges
The US SEC has filed several charges against the Beaxy Exchange. The exchange has consequently suspended operations In its defence, Beaxy has said that it committed to cooperation with the…
SEC charges former FTX exec Nishad Singh with defrauding investors
Nishad Singh is a former co-lead of engineering at FTX. SEC says the former exec created the software that Sam Bankman-Fried used to divert FTX customer funds to Alameda Research.…
Terra LUNA price plunges: SEC charges Terraform Labs for fraud
The SEC has charged Terraform and its founder with fraud. The SEC accuses Terraform Labs of embezzling billions of dollars from investors. The news has sent the price of Terra…
Nexo to pay $45 million to settle SEC charges
Nexo reached a $45 million settlement with US regulators, including the SEC. The crypto lender allegedly offered unregistered securities via its Earn Interest Product. Nexo will pay $22.5 to state…
US SEC has filed charges against Gemini and Genesis
The US SEC is accusing Gemini and Genesis of selling unregistered securities. Genesis and Gemini did not register their partnership as a lending partnership. Genesis has been having liquidity issues…
CFTC charges Digitex founder over illegal crypto derivatives platform
The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder… The post CFTC charges Digitex founder over illegal crypto derivatives platform appeared first on CoinJournal.