SEC


Videos

GBTC Discount Narrows; Alameda Sues Grayscale and DCG To Allow Redemptions

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

CoinDesk placeholder image

Markets

GBTC Discount Narrows to 42% Ahead of Grayscale’s ETF Hearing Tuesday

The closed-end fund's discount to net asset value had widened to 47% in mid-February.

Grayscale's Michael Sonnenshein speaks at Invest: NYC 2019 (CoinDesk)

Videos

Voyager Denies SEC Claims VGX Token Is a Security Amid Looming Binance.US Decision

Bankrupt crypto lender Voyager Digital has denied claims by the U.S. Securities and Exchange Commission that its VGX token is a security, as it seeks court approval for a $1.02 billion buyout offer from Binance.US. "The Hash" panel discusses the latest legal considerations and developments around the proposed Voyager-Binance.US deal.

CoinDesk placeholder image

Policy

SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme

BKCoin co-founder Kevin Kang is accused of misappropriating client funds to bankroll vacations, purchase tickets to sporting events and pay rent on his New York City apartment.

Kevin Kang, cofundador de BKCoin. (BKCoin)

Videos

Singapore Police Start Probe Into Do Kwon’s Terraform Labs: Bloomberg

Bloomberg reports that Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD (UST) stablecoin. This comes after the SEC sued Terraform Labs last month, alleging that the crypto firm and its co-founder Do Kwon misled investors about UST's stability. "First Mover" hosts weigh in.

CoinDesk placeholder image

Videos

Binance.US Is Operating 'Unregistered Securities Exchange:' SEC Official

A U.S. Securities and Exchange official said agency staff believes Binance.US is operating an unregistered securities exchange in the U.S., and that staff believe the sale of VGX tokens by Voyager Digital violated federal securities laws. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest in the world of crypto regulation.

Recent Videos

Policy

Voyager Denies SEC Claims VGX Token Is a Security as Binance.US Decision Looms

The bankrupt crypto lender needs court approval to be acquired by Binance's U.S. affiliate.

Voyager Digital's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

Policy

Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice

Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment.

Bankless co-host David Hoffman speaks at an ETHDenver 2023 side event. (Danny Nelson/CoinDesk)