US SEC lawsuit targets Uniswap
The U.S. Securities and Exchange Commission (SEC) issued a warning to UniSwap Labs on Wednesday, saying it may file an enforcement action against the company.
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The U.S. Securities and Exchange Commission (SEC) issued a warning to UniSwap Labs on Wednesday, saying it may file an enforcement action against the company.
Coinbase sues SEC over rejected petition, signalling heightened legal tensions in the crypto industry.
The Securities and Exchange Commission (SEC) has emphasised its position that cryptocurrencies possess "no innate or inherent value"
Earlier this year, regulatory authorities in the United States initiated legal action against Gemini and Genesis Global Capital, accusing them of engaging in the trading of unregistered securities via the Gemini Earn crypto asset lending initiative.
Mere days after Coinbase went on the attack, Bittrex followed suit.
The lawsuit, initiated in early June, alleges that several cryptocurrencies offered through Coinbase's wallet or trading platforms are unregistered securities.
Coinbase joins Grayscale in claiming that the SEC is failing to give spot market Bitcoin ETFs fair consideration.
Coinbase is being sued by another crypto company that alleges that the firm infringed on its patented crypto transfer technology.
Coinbase CEO Brian Armstrong said the U.S. SEC will not meet with the company, adding that 50 percent of officials in Washington are concerned about the risks of cryptocurrencies.