SEC Sues Jake Paul for ‘Illegally Touting’ Justin Sun-Linked Cryptos
Paul “illegally touted” cryptocurrencies “TRX and/or BTT” without disclosing he was being paid to do so, according to a press release. The YouTuber-turned-boxer is among a cast of celebrities the SEC charged Wednesday with participating in a scheme to illegally promote Sun-tied cryptos.
Related Posts
What Binance’s Exit From Nigeria Means for P2P Bitcoin
Some Nigerians were shocked when crypto exchange Binance announced they would discontinue all services in Nigeria by March 8. Despite facing scrutiny from regulators before the announcement, many people still asked how the biggest exchange in crypto could just disappear from the world’s fastest growing market for bitcoin adoption. I wasn’t shocked because I’ve been
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such as electric companies.The most recent re-write of the…
FTX Bankruptcy Estate Sues Sam Bankman-Fried’s Parents, Joseph and Barbara, to Claw Back ‘Misappropriated Funds’
Bankrupt crypto exchange FTX has sued founder and former CEO Sam Bankman-Fried's parents, Joseph Bankman and Barbara Fried, to "recover millions of dollars in fraudulently transferred and misappropriated funds," the company said in a Monday court filing.The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property
Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association
Jan 21, 2020 at 20:00 UTCUpdated Jan 21, 2020 at 20:21 UTCCARRY ON: “The design of Libra’s governance and technology ensures the Libra payment system will remain resilient,” said policy chief Dante Dispate following Vodafone's departure. (Image via CoinDesk archive)British telecom conglomerate Vodafone has become the eighth company to pull out of the Libra Association,…
Decentralized or Nothing: Song Slams IBM Over Blockchain Hype at SXSW
news More or less decentralized? For Jimmy Song, there’s no in between. An author and partner at venture firm Blockchain Capital, Song made that point repeatedly in a debate with IBM engineer and Hyperledger Fabric co-lead Chris Ferris at SXSW Thursday, where he told the crowd at the Hilton Austin in no uncertain terms: “You either…
Belarus Is Back Online, With Lessons About Censorship Resistance
Belarus Is Back Online, With Lessons About Censorship ResistanceThe internet is back in Belarus, according to reports, but the outage sheds light on what kind of technologies might help ordinary citizens get around such blackouts in future. The internet was down nationwide for almost three days this week during protests following a controversial presidential election…
Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private Funding
Oct 1, 2020 at 11:00 UTCUpdated Oct 1, 2020 at 11:11 UTCBlockchain services firm Diginex has become the first crypto exchange operator to list on Nasdaq. The stock went live Thursday morning under the “EQOS” ticker symbol, a nod to the firm’s EQUOS.io trading platform.Diginex’s back door listing came through a merger with a special-purpose…
Ether’s Strong Price Action May Continue Until the End of the Month: Coinbase
Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Will Canny is CoinDesk's finance reporter.Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...The price of ether…