The SEC claims that Coinbase has repeatedly warned its shareholders about the risk of its traded crypto assets being classified as securities and violating securities laws. This warning was even included in the registration statement Coinbase presented as proof that the SEC had approved its conduct.
Coinlive The regulation affects only companies with a state-issued BitLicense.
CoindeskCoinlive Former Alameda Research CEO Caroline Ellison will need all the help she can get from no other than a highly decorated former regulator of the US SEC.
BitcoinistThe Texas State Securities Board has been investigating FTX US since October.
OthersOfficials hope to fend off a rising number of questions about how crypto should be regulated and when they should be treated as securities.
OthersThe Securities Commission of the Bahamas last week ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets.
CoindeskCalifornia becomes the first state to officially announce an investigation.
CoindeskCalifornia's financial regulator brought enforcement actions against 11 little-known crypto companies, alleging they stole customer funds or operated like Ponzi schemes.
CoindeskThe regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.
Cointelegraph