SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters
The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters.
SEC
Looking at Kraken’s Motion to Dismiss an SEC Lawsuit
(Nikhilesh De/CoinDesk)
In Lejilex vs. SEC, Crypto Goes on Offense in the Courts
The Texas-based crypto firm’s new suit shows how the industry can use “impact litigation” to get regulatory clarity, lawyers Jake Chervinsky and Amanda Tuminelli write.
Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It
The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
Tiger sold 38,850 shares during the fourth quarter.
Ether’s Prometheum Test
The “only U.S.-registered crypto securities platform” is listing ETH in a bold test of the U.S. Securities and Exchange Commission’s thesis that most cryptocurrencies are securities.
DeFi Shouldn’t Have to Worry About the SEC’s Expanded Broker Rule
(Jesse Hamilton/CoinDesk, modified)
Ether Tops $2.4K as Cathie Wood’s Ark, 21Shares Amend Spot ETH ETF Filing
The updated S-1 document brings the spot Ethereum ETF application more “in line” with the recently approved spot BTC ETF prospectus, one analyst noted.
Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
Thailand’s SEC has updated its rules by removing retail investors’ limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.
ETH ETFs Are Inevitable — But When?
As the SEC delays applications from Grayscale and BlackRock, Daniel Kuhn looks at how soon regulators might approve these investment products.