Tag: Cease and Desist
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CFTC Commissioner Dissents Against Regulator’s Anti-DeFi Agenda After Trio of Enforcement Actions – The Daily Hodl
A commissioner with the Commodity Futures Trading Commission (CFTC) disagrees with the agency’s decision to file enforcement action against three decentralized finance (DeFi) companies.
Last...
CFTC’s Enforcement Blitz on DeFi Protocols Attracts Backlash
The Commodity Futures Trading Commission (CFTC) announced that it had initiated and successfully settled legal actions against the Opyn, ZeroEx, and Deridex platforms....
Web3 Round-up: Best Of Summer 2023 (June / July / August) | JD Supra – CryptoInfoNet
Welcome to Reed Smith’s summer DigiDigest update on all things metaverse and Web3. These short updates are designed to cut through the noise and...
CFTC settles charges against companies behind 0x (ZRX), two other DeFi protocols
The U.S. Commodity Futures Trading Commission (CFTC) announced settlements with multiple DeFi companies in a press release dated Sept. 7 as it and its...
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...
CFTC charges three DeFi projects for illegal derivatives
The Commodities Futures Trading Commission (CFTC) charged three U.S.-based decentralized finance (DeFi) protocols – Opyn, ZeroEx and Deridex – on Thursday for omitting necessary...
Token Creator Sues Crypto.com for Negligence, Claims Stress Led to Hospitalization
“The stress from these events has caused significant stomach issues, leading to four hospitalizations,” Lawrence claims. Bryan Lawrence, the inventor of Glow Token, said...
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...
SEC Charges UK Audit Firm Crowe and Senior Executives Over Deficient Audit of Akazoo
The U.S. Securities and Exchange Commission (SEC) has charged London-based audit firm, Crowe U.K. LLP, its CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass,...
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...
FDIC Sends Cease-and-Desist to Crypto Firm That Shuttered in June – Decrypt
The U.S. Federal Deposit Insurance Corporation (FDIC) issued a cease and desist notice to Georgia-based technology company Unbanked, Inc. on Friday, citing false and...
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