SEC faces challenges in Coinbase lawsuit hearing as judge questions its test for determining securities. Concerns arise over broad regulatory authority, major questions doctrine, and uncertain case outcome.
EdmundSEC charges entrepreneur Diana Mae Fernandez with crypto investment fraud, alleging false promises, deceptive fundraising tactics, and misuse of investor funds. Fernandez, facing criminal charges, could receive up to 20 years in prison for each count.
Cheng YuanDeaton accuses SEC Chair Gensler of misleading tactics in Coinbase's crypto rulemaking dispute, highlighting regulatory inconsistencies.
BerniceThe Securities and Exchange Commission (SEC) has emphasised its position that cryptocurrencies possess "no innate or inherent value"
JasperOne significant allegation is that Titan Global Management employed misleading hypothetical performance metrics in its advertisements, violating the amended marketing rule by the SEC.
DavinThe 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 U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.”
dailyhodlKardashian agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest.
OthersIn both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company's business, operations and compliance efforts throughout the class period.
CointelegraphSEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme”
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