litigation
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SEC Issues Wells Notice to Uniswap
Read More: SEC Issues Wells Notice to UniswapOn Wednesday, April 10, the Securities Exchange Commission (SEC) issued a Wells Notice to Uniswap Labs (Uniswap), the creator of the world’s largest decentralized cryptocurrency exchange. Before digging into why the SEC issued a Wells Notice to the U.S.-based software company, it’s important to understand what a Wells Notice is. What is a Wells Notice?…
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CFTC Sues KuCoin
Read More: CFTC Sues KuCoinINTRODUCTION On March 26, 2024, the Commodity Futures Trading Commission (CFTC), brought a civil enforcement action in the U.S. District Court for the Southern District of New York against the group of entities it argues collectively operate as the centralized digital asset exchange KuCoin. The CFTC claims that KuCoin violated the Commodity Exchange Act (CEA)…
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Crypto Exchange Sues SEC
Read More: Crypto Exchange Sues SECThe Securities Exchange Commission (“SEC”) is under fire again, this time in Texas. On February 21, emerging Texas-based cryptocurrency exchange LEJILEX and the Crypto Freedom Alliance of Texas (“CFAT”), an industry advocacy group, filed a complaint against the SEC. In their complaint, LEJILEX and CFAT allege that the SEC’s assertion of regulatory authority over nearly…