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Tag: cease and desist order

SEC Issues Cease and Desist Order Against Crypto Marketers | BitPinas

The SEC issued a cease and desist order against Crypto Marketers due to selling unregistered securities following numerous complaints and investigations. Crypto Marketers was...

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Filipino Crypto Community Reacts to Binance’s Regulatory Challenges in the Philippines | BitPinas

Following the Philippines’ Securities and Exchange Commission (SEC) warning against Binance for unauthorized securities sales and its impending domain blockage, the Filipino cryptocurrency community...

Texas, Alabama securities regulators allege fraud against GS Partners in multiple crypto schemes

Securities regulators in Texas and Alabama have accused a group of companies tied to a metaverse real estate project of fraudulently raising millions from...

Delaware Refers BlackRock XRP Fake Filing To State Justice Officials

<!-- -->Monday’s false business registration for a BlackRock XRP trust, which briefly boosted the token’s price by as much as...

BlackRock Fined $2.5M by SEC for Misleading Investment Information

The Securities and Exchange Commission (SEC) has announced that it has charged BlackRock, one of the world’s largest investment management firms, for misleading...

NO, PSE Probably Won’t Launch Futures Trading SOON | BitPinas

Atty. Rafael Padilla, 14 October 2023 The Philippine Stock Exchange (PSE) has been interested in setting up a futures exchange (for regulatory reasons, through a...

SEC penalizes Stoner Cats for selling unregistered securities as NFTs

The makers of Stoner Cats non-fungible tokens (NFT) and its accompanying web series were charged and fined by the Securities and Exchange Commission (SEC)...

CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud – CoinJournal

CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas...

Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and...

Prime Trust Unravels: Files for Bankruptcy

The Las Vegas-based cryptocurrency custodian Prime Trust has filed for Chapter 11 bankruptcy protection. This marks the latest setback for the financial technology company, which...

Crypto Custodian Prime Trust Files for Bankruptcy – Decrypt

Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy protection on Monday, the latest setback for the troubled financial technology company.The bankruptcy...

TrueUSD’s TUSD Circulating Supply Surpasses $3 Billion Despite Prime Trust’s Challenges

In June 2023, TrueUSD (TUSD) experienced significant growth and adoption across multiple blockchain ecosystems. With the circulating supply reaching 3,059,838,623 TUSD, backed by dollar...

Weekly Market Wrap: Bitcoin remains above US$30,000 as market shrugs off Prime Trust’s cease order

Bitcoin rose 17.77% from June 16 to June 23 to trade at US$30,079 at 7:00 p.m. Friday in Hong Kong. The world’s largest cryptocurrency...

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