News about LEGAL

News about Legal

CFTC charges Uniswap Labs for illegal crypto derivatives trading, imposes $175,000 penalty

submitted by /u/0xJonnyDee [link] [comments]

South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compl...

SFC Initiates Legal Action Against SoftMedx Healthcare and Former Directors

The SFC has commenced legal proceedings against SoftMedx Healthcare Limited and its former directors for alleged regulatory violations. (Read More)

Uniswap Labs Fined $175,000 By CFTC For ‘Illegally’ Offering Leveraged Trading

On Wednesday, Uniswap Labs, the company behind the decentralized cryptocurrency exchange Uniswap, was fined $175,000 by the Commodity Futures Trading Commission (CFTC) for allegedly offering leveraged retail trading in digital assets without proper a...

Uniswap Labs Settles CFTC Charges Over 'Illegal' Margin Products.

submitted by /u/Extreme_Nectarine_29 [link] [comments]

Uniswap hit with CFTC order over illegal crypto derivatives trading

Uniswap hit with order by CFTC for illegal trading in digital asset derivatives The decentralized exchange will pay $175,000 in civil monetary penalty and is also ordered to cease and desist from the illegal offerings. Uniswap has settled with the...

Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo - Cointelegraph

Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo& & Cointelegraph

Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo

submitted by /u/lennethluna [link] [comments]

Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church

The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that w...

Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church - Bitcoin.com News

Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church& & Bitcoin.com News

Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’

Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the SEC did not e...

Ukraine is working to legalize cryptocurrency to fill its coffers.

submitted by /u/WineMakerBg [link] [comments]

Courts seize £110,000 of crypto cash in Scots legal first - BBC.com

Courts seize £110,000 of crypto cash in Scots legal first& & BBC.com

SEC Warns FTX Over Legality of Crypto Asset Distribution in Chapter 11 Plan

The U.S. Securities and Exchange Commission (SEC) has raised concerns over FTX’s plan to pay back claims using its “crypto asset securities.” The SEC’s Senior Trial Counsel, Therese Scheuer, has reserved the right to challenge these transaction...

Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers

submitted by /u/indexcap [link] [comments]

Sony Launches Ethereum L2 Testnet Minato Amid Legal Battles for Telegram CEO | COINOTAG NEWS

In a groundbreaking initiative, Sony Group’s blockchain subsidiary has officially launched the Minato testnet, designed to enhance Ethereum’s layer 2 capabilities. This significant move is propelled by a strategic partnership with the Web3 comp...

Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’

The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering pla...

Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’ - Bitcoin.com News

Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’& & Bitcoin.com News

Elon Musk Wins Legal Battle Over $258 Billion Dogecoin Price Manipulation

A federal judge threw out a $258 billion lawsuit that had accused Elon Musk of orchestrating a racketeering scheme to manipulate the price of Dogecoin, a win for the billionaire in a high-stakes legal fight. The class action suit, according to a Reu...

Bitcoin scheme leads to financial ruin, legal battle for B.C. men - CBC.ca

Bitcoin scheme leads to financial ruin, legal battle for B.C. men& & CBC.ca

UK Shop Owner Charged for Operating Illegal Crypto ATM - Decrypt

submitted by /u/Abdeliq [link] [comments]

SEC threatens OpenSea with legal action, claims NFTs are securities