2 / 2 Relevant items tagged with #UnregisteredSecurities

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Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations

[May 29, 2023 11:30 AM] Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of…

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

[May 8, 2023 6:30 PM] Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has…

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

[Apr 18, 2023 11:30 AM] According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news…

Chia Network Files for IPO With the SEC, Eyes Public Listing

[Apr 15, 2023 4:30 AM] On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by…

Crypto Exchange Beaxy Shut Down After SEC Lawsuit

[Mar 29, 2023 8:30 AM] Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission (SEC) charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said.

US officials appeal protections for Voyager execs in Binance.US sale

[Mar 15, 2023 12:06 AM] The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority.

BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor

[Mar 1, 2023 11:43 PM] Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities.

Forsage founders indicted over $340M DeFi ‘Ponzi scheme’

[Feb 22, 2023 8:56 PM] According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme.

Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

[Nov 29, 2022 11:26 PM] The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.