Enforcement


Policy

U.S. SEC's Crypto Enforcer David Hirsch Quits

Hirsch was the chief of the crypto asset and cyber unit in the Division of Enforcement at the U.S. SEC.

SEC (Nikhilesh De/CoinDesk)

Policy

Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response

Uniswap’s lawyers say the protocol doesn’t meet the SEC’s own definition of an exchange.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

Markets

Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan

Potential legal action against Robinhood should be viewed as a continued attempt by the SEC to reinforce its stance that all crypto tokens other than bitcoin and ether should be classified as securities, the report said.

(Shutterstock)

Consensus Magazine

Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Policy

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

The crypto exchange is trying to appeal part of a judge's recent denial of its motion to dismiss, focusing on whether the SEC can treat secondary trades as investment contracts.

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Policy

DeFi Exchange Uniswap Receives Enforcement Notice From the SEC

Uniswap’s CEO Hayden Adams took to X on Wednesday to say that the exchange is “ready to fight” after receiving notice that the regulator is planning an enforcement action.

The U.S. Securities and Exchange Commission told Uniswap it intends to pursue an enforcement action.  (Jesse Hamilton/CoinDesk)

Policy

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

The securities regulator, Treasury Department and U.S. derivatives watchdog are all hoping to get more funding to deal with new duties policing the digital assets sector.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Policy

Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings

The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Policy

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

Photo of people entering the FCA building

Policy

California, Texas Among States Accusing GS Partners of Misleading Crypto Investors

Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Mayweather.

Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)

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