garygensler
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Coinbase Is Suing the Feds for Once
Coinbase, one of the largest cryptocurrency exchanges in the world, is no stranger to U.S. courts, federal investigations, or lawsuits. But usually, the crypto company is defending itself, not filing the legal complaints. In a rare twist on the classic, Coinbase has sued the Securities and Exchange Commission. And, counterintuitively to what one might expect,…
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SEC Complaint Says Do Kwon Transferred 10,000 Bitcoin From Terra to a Swiss Bank
Do Kwon, the erstwhile CEO of Terraform Labs and its infamously unstable stablecoin Terra, now has another reason to remain on the lam. The U.S. Securities and Exchange Commission alleged he and his company transferred 10,000 bitcoin worth hundreds of millions of dollars out of the Terra/Luna project before it inevitably went bust in May…
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SEC Charges Crypto Firms Genesis and Gemini With Selling Unregistered Securities
The U.S. Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC on Thursday for allegedly providing unregistered securities to investors through a program that touted a high interest on deposits.
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SEC Charges FTX’s Bankman-Fried With Letting Alameda Run Away With Customers’ Funds
As more evidence comes to light about the collapse of Sam Bankman-Fried’s darling two-headed child — one face being the crypto exchange FTX and the other Alameda Research — recent allegations about SBF’s multi-billion crypto empire makes it clear his baby had been force-fed a diet of user funds, all sinking into the bottom of…