legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Will SEC Suit Against Coinbase Land Heads or Tails for Crypto?
Will SEC Suit Against Coinbase Land Heads or Tails for Crypto?
June 09, 2023  |  Legal

There are over 10,000 cryptocurrencies, and the Securities and Exchange Commission (SEC) can’t sue them all. But the U.S. regulator can, in essence, jump the queue by...

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EU Consumer Group: Social Networks Allowed Misleading Crypto Ads
EU Consumer Group: Social Networks Allowed Misleading Crypto Ads
June 08, 2023  |  Cryptocurrency

Europe’s consumer advocacy group says four leading social networks permitted misleading ads for cryptocurrency. That’s the subject of a complaint filed Thursday (June 8) against...

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SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
June 08, 2023  |  Cryptocurrency

Binance used two U.S. banks to move billions of dollars around the globe, according to the Securities and Exchange Commission (SEC). The cryptocurrency exchange transferred almost $70 billion...

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It’s US Versus Them as SEC Suits Upend Crypto Optimism
It’s US Versus Them as SEC Suits Upend Crypto Optimism
June 07, 2023  |  Cryptocurrency

Every crypto exchange is violating securities law, says the U.S. Securities and Exchange Commission (SEC). This, as the U.S. regulatory agency goes for the domestic...

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SEC Seeks Freeze of Binance.US Assets
SEC Seeks Freeze of Binance.US Assets
June 07, 2023  |  Cryptocurrency

Federal regulators want a judge to freeze the assets of Binance.US and repatriate funds to the crypto exchange’s customers. The request by the Securities and...

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FTC Returned $392 Million to Consumers After Law Enforcement Actions
FTC Returned $392 Million to Consumers After Law Enforcement Actions
June 06, 2023  |  Consumer Payments

The Federal Trade Commission (FTC) returned $392 million to consumers in 2022 after recovering the money in law enforcement actions. About $248 million of those refunds came from cases...

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Binance Users Pull $778 Million Amid SEC Crackdown
Binance Users Pull $778 Million Amid SEC Crackdown
June 06, 2023  |  Cryptocurrency

Binance customers withdrew over $778 million amid SEC legal action against the cryptocurrency platform. That’s according to findings by data firm Nansen Tuesday (June 6), one day after...

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Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better...

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SEC Suit: Coinbase Ignored US Securities Laws
SEC Suit: Coinbase Ignored US Securities Laws
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission has sued cryptocurrency exchange Coinbase for allegedly violating securities laws. The federal lawsuit, filed Tuesday (June 6), comes one day...

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