Coinbase ’s Institutional Clients Are Unfazed by the SEC’s Lawsuit
In 2022, Terraform Labs and its stablecoin collapsed; Three Arrows Capital and other crypto companies filed for bankruptcy; and criminal and civil charges were filed against Sam Bankman-Fried, the founder and former CEO of FTX Group, for running a massive yearslong fraud. The general sentiment…#terraformlabs #arrowscapital #sambankmanfried #ftxgroup #coinbase #jimchanos #jeffreypark #bitwise #markyusko #morgancreekdigital (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Black workers at California Tesla factory allege rampant racism, seek class-action status
Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship.…#tesla #sanfranciscobayarea #fremont #teslainc #marcusvaughn #elonmusk #bryanschwartz #vaughn #siliconvalley #albertblakes (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Senator Haggerty Tells Gary Gensler To Expect To Hear From Congress as US Officials Respond to SEC Lawsuits
US lawmakers are issuing a warning to the Chair of the U.S. Securities and Exchange Commission (SEC), saying that he could soon hear from Congress. In a recent announcement, Republican Senator Bill Haggerty of Tennessee says that the SEC Is weaponizing itself to destroy an entire industry and…#billhaggerty #tennessee #garygensler #coinbase #operationchokepoint #obamaadministration #cynthialummis #wyoming (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Binance Under Spotlight: $70 Billion Transactions Traced Back to Silvergate, Signature
Amidst the Securities and Exchange Commission’s lawsuit against Binance, several significant revelations have emerged. As the world’s largest exchange prepares to confront the SEC in a legal battle, it faces additional challenges. Recently, it has come to light that Binance and its associated…#binance #silvergatebank #signaturebank #changpengzhao #kazakhstan #lithuania #seychelles #meritpeak #louiseshelley (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Major Australian bank to decline ‘certain’ payments to crypto exchanges
the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move comes amid two major global exchanges facing a lawsuit from the United States securities regulator and is just a few weeks after another…#australian #cba #binanceaustralia #cbas #jamesroberts #commbank #mattcomyn (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Washington Watch: Gensler accused of being in ‘complete contempt of Congress’ with crackdown on Coinbase
The Securities and Exchange Commission is engaged in a multifront battle against actors in the digital asset industry that intensified this week after it filed lawsuits against Binance Holdings Inc. and Coinbase Global Inc. COIN, , two of the largest cryptocurrency exchanges in the world. But…#binanceholdingsinc #garygensler #coinbase #ritchietorres #democrat #marketwatch #gensler #torres #mit #binance (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
Major cryptocurrencies targeted as unregistered securities in U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase dropped sharply to lead an altcoin sell-off Wednesday as traders sought the relative safety of bitcoin (BTC). BNB, the Binance Smart Chain’s native…#binance #coinbase #bnb #binancesmartchains #ada #polygon #eth #cmi #edwardmoya #oanda (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Coinbase Vs. SEC Case Assigned To Judge Rearden: Good Or Bad For Crypto?
The U.S. Securities and Exchange Commission (SEC) has sent shockwaves through the crypto industry in recent days by taking legal action against Binance.US and Coinbase. The news about Binance was not even 24 hours old when the SEC followed up with a lawsuit against Coinbase. According to the SEC,…#binance #coinbase #bitcoinist #brianarmstrong #jenniferrearden #voyager #jamesmurphy #twitter #rearden #gibsondunn (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
OpenAI Hit With First Defamation Suit Over ChatGPT Hallucination
OpenAI LLC is facing a defamation lawsuit from a Georgia radio host who claimed the viral artificial intelligence program ChatGPT generated a false legal complaint accusing him of embezzling money. The first-of-its-kind case comes as generative AI programs face heightened scrutiny over their…#llc #georgia #markwalters #fredriehl #ammoland #riehl #bobferguson #alangottlieb #walters #armedamericaradio (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Crypto: Trade Volume on CEXs Were at 4-Year Lows Before SEC Lawsuits
According to a report by CCData, trade volume on centralized exchanges (CEXs) is at its lowest in over four years. The development occurs in the midst of increasing legislative and regulatory pressure on the crypto industry in the US. According to the data, the amount of spot and derivative…#ccdata #coinbase #usdt #bybit #bitmex #binance #changpengzhao (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Cathie Wood's ARK Bought $22M Worth of Coinbase Shares After the Price Tanked
Cathie Woods’ tech-focused investment firm ARK Invest expanded its holdings of Coinbase shares after the stock took a blow. The reason: A massive lawsuit filed by the Securities and Exchange Commission. Ark purchased 419,324 shares worth approximately $21.6 million at Tuesday's closing price of…#arkinvest #coinbase #ark #fintechinnovation #vanguardgroup #wood #wellsnotice #bitcoin #coin #binance (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Coinbase CEO: No plan to delist tokens named in SEC lawsuit
Coinbase has no plans to delist crypto tokens alleged to be securities by the SEC, CEO Brian Armstrong told Axios Wednesday, on the sidelines of the Piper Sandler Global Exchange and Fintech Conference. Why it matters: The country's largest crypto exchange is putting itself at the front of a…#coinbase #brianarmstrong #changpengzhao (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
Meet the judges that will preside over Coinbase and Binance ’s SEC lawsuits
Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission. The case of SEC v Coinbase will be heard by District Court Judge Jennifer H. Rearden in…#coinbase #jenniferhrearden #southerndistrict #amybermanjackson #districtofcolumbia #aunitedstates #rearden #usdojs #voyagerdigital #voyager (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
MediaTek says will defend itself in accusation over patent'bounty' agreement
Taiwan's top chip design company MediaTek Inc (2454.TW) said on Thursday it will defend itself in court against accusations from Realtek (2379.TW) that it paid a company that sues over patents a "secret litigation bounty" to file meritless lawsuits. Realtek Semiconductor Corp's lawsuit, lodged in…#taiwan #mediatekinc #mediatek #ipvaluemanagementinc #realtek #taiwanstockexchange (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
EMAX class action against Kim K and Mayweather is back on, says judge
Celebrity defendants Kim Kardashian and Floyd Mayweather are back on the hook for a class action lawsuit that alleges their improper promotion of the now-defunct crypto token EthereumMax (EMAX). While the class action suit was brought against the pair in January 2022 for allegedly promoting a…#kimkardashian #floydmayweather #michaelfitzgerald #kardashian #emax #mayweather #nba #paulpierce #scottscott #seanmasson (Source: Reuters: Health)
Source: Reuters: Health - June 8, 2023 Category: Consumer Health News Source Type: news
