Animated web series creator will pay $1mn to settle SEC claims that it conducted an unregistered offering of crypto asset securities. Two commissioners dissented.
September 15, 2023Virtu describes the lawsuit as retaliation for the company's public criticism of the SEC's market structure rule proposals.
September 13, 2023The use of "off-channel" communications was "pervasive and longstanding". Wells Fargo was penalised $200mn, while BNP Paribas and SocGen were each fined $110mn.
August 9, 2023Ten US states separately accused Coinbase of securities law violations. CEO Brian Armstrong said the SEC lawsuit will help establish clarity around crypto rules.
June 7, 2023CEO Changpeng Zhao said the lawsuit was the latest example of "regulation by enforcement" and that the SEC seeks a "near eradication" of the crypto industry.
June 6, 2023The size of the award should incentivise whistleblowers to come forward about potential securities law violations, said the SEC's Gurbir Grewal.
May 8, 2023The fintech founder fraudulently induced JPMorgan to acquire her startup in September 2021 by making up data, the SEC said.
April 10, 2023Tron founder Justin Sun sold unregistered securities to US investors, manipulated TRX and BTT markets, and paid celebrities to tout the offerings without disclosing their compensation.
March 23, 2023Guo Wengui and his financial adviser allegedly cheated thousands of investors since 2018 by promising outsized returns on various offerings.
March 16, 2023Paul Pierce promoted crypto asset securities known as EMAX tokens on social media without disclosing that he was paid to do so.
February 20, 2023