SEC

Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
Do Kwon and the company he co-founded, Terraform Labs, are hoping to get a federal judge to decide the U.S. Securities and Exchange Commission hasn't made its securities-fraud case. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Terraform Labs co-founder Do Kwon (CoinDesk TV and Jesse Hamilton/CoinDesk)
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
The massive sum is a “conservative measure” of Terraform Labs and Do Kwon’s ill-gotten gains, according to the SEC.
Terraform Labs co-founder Do Kwon (CoinDesk TV and Jesse Hamilton/CoinDesk)

Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin's 200-day average is on track to challenge its previou...
Bitcoin's 200-Day Average Nearing Record High; Ripple Rejects SEC’s Ask of $1.95B Fine

Kristin Smith, CEO, Blockchain Association (Shutterstock/CoinDesk)
Crypto Lobbyists Sue SEC Over 'Dealer' Definition
The SEC adopted a broadened "dealer" definition that might capture crypto traders, the Blockchain Association and Crypto Freedom Alliance of Texas alleged.
Kristin Smith, CEO, Blockchain Association (Shutterstock/CoinDesk)

Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
The court had found Ripple violated federal securities laws by making institutional sales of XRP but dismissed other allegations brought by the SEC.
Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)
Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Last month, a Utah district court judge ordered the SEC to pay Debt Box’s legal fees.
SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

16:9 Thailand flag (spaway/Pixabay)
Thailand to Block Access to 'Unauthorized' Crypto Platforms
The Thai SEC cited earlier decisions by nations like India and the Philippines in blocking unauthorized platforms.
16:9 Thailand flag (spaway/Pixabay)

CEO Brian Armstrong's Coinbase is appealing a key point in its court dispute with Chair Gary Gensler's Securities and Exchange Commission. (CoinDesk)
Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court
The crypto exchange is trying to appeal part of a judge's recent denial of its motion to dismiss, focusing on whether the SEC can treat secondary trades as investment contract...
CEO Brian Armstrong's Coinbase is appealing a key point in its court dispute with Chair Gary Gensler's Securities and Exchange Commission. (CoinDesk)

Uniswap booth at ETHDenver 2023 (Danny Nelson/CoinDesk)
The SEC’s Suit Against Uniswap Is an Opening Attack Against DeFi
The DEX received a Wells Notice from the regulator, suggesting an enforcement action is imminent. While we don’t know the nature of the potential charges, the news raises the...
Uniswap booth at ETHDenver 2023 (Danny Nelson/CoinDesk)

Uniswap's UNI Down Almost 20% After SEC's Wells Notice
Uniswap's UNI Down Almost 20% After SEC's Wells Notice
Uniswap's native token UNI slid almost 20% in the past 24 hours amid news that the decentralized crypto exchange received a notice from the U.S. SEC that it intends to pursue...
Uniswap's UNI Down Almost 20% After SEC's Wells Notice