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SEC
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins
The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.
OpenSea Receives 'Wells Notice' From SEC; Telegram CEO Pavel Durov Indicted on 'Complicity'
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as NFT marketplace OpenSea received a notice from the SEC that it intends to pursue an enforcement action. Plus, Telegram CEO Pavel Durov was indicted in a French court, and the CEO of South Korean crypto firm Haru Invest was stabbed during his appearance in court during a trial for fraud.
Blur, Tensor Tokens Dip After NFT Marketplace OpenSea Receives SEC Wells Notice
The U.S. regulator alleged that NFTs sold on OpenSea are securities, the OpenSea CEO said earlier Wednesday.
OpenSea Gets 'Wells Notice' From SEC, Which Calls NFTs Sold on Platform 'Securities'
"We're shocked the SEC would make such a sweeping move against creators and artists," says CEO of OpenSea.
SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The complaint alleges that the duo falsely told investors about one of them creating a “bot” that operated on a crypto asset trading platform.
SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.
NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit
Lawyers for the Tron Foundation and Justin Sun urged the court to reject the SEC’s “attempt to manufacture a controversy” over an argument in their effort to dismiss the case.
What's Next in SEC v. Ripple?
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited.
XRP Surges as Ripple-SEC Case Ends
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations, ending the long-running SEC case against the platform. XRP, the native token of Ripple, surged nearly 20% on the news, leading market-wide gains. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."