New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+
and secured mostly by FTT [image] Bryan Brinkman / @bryanbrinkman : @NewYorkStateAG I'm a New York resident who uses Gemini, banning them will only force us to use offshore crypto banking that has eve...
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @mcuban , @panekkkk ,...
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by co-founder CZ between 2019 and 2021
If you are wilfully violating securities law, I have some advice: do not put … Allyson Versprille / Bloomberg : Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers Wall Street Journal : Bi...
US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman-Fried's trial, an unusually large amount that underscores his legal difficulties
Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange's founder, have accumulated more than six million pages of documents and other records. Tweets: @smdiehl Tweets: Stephen Diehl ...
The US SEC sues Bittrex and its ex-CEO for allegedly operating an unregistered securities exchange, claiming tokens like Algorand and Omise Go are securities
4 recent SEC events indicate that crypto-exchanges … Tweets: @secgov : Today we charged crypto asset trading platform Bittrex Inc. and its co-founder and former CEO William Shihara for operating an un...
Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies
the Cullen Commission in Canada on money laundering asked Bitfinex - Tether people to testify at our govt inquiry on money laundering, and asked them nothing about their operations. https://twitter.co...
Documents: besides FTX, US bank Silvergate has been used by 12+ crypto companies that were fined, closed, bankrupt, or under investigation, including Binance
The good news about the collapse of Sam Bankman-Fried's cryptocurrency empire is that its failure did not send shock waves through … Tweets: @smdiehl , @theraheelhasan , @mikulaja , @intelligencer , @...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binance are ludicrous. Th...
A former investment manager sues Celsius for fraud, saying the crypto lender ran a Ponzi scheme by using customer deposits to rig the price of its crypto token
I've been recovering from COVID over the last two weeks and have had some time to reflect … Katyanna Quach / The Register : Now-frozen crypto-lending biz Celsius accused of devolving into a Ponzi sche...