Enforcement

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
Uniswap’s lawyers say the protocol doesn’t meet the SEC’s own definition of an exchange.
Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

JPMorgan says Robinhood's Wells Notice shouldn't be an obstacle to approval of a spot ether ETF. (Shutterstock)
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
Potential legal action against Robinhood should be viewed as a continued attempt by the SEC to reinforce its stance that all crypto tokens other than bitcoin and ether should...
JPMorgan says Robinhood's Wells Notice shouldn't be an obstacle to approval of a spot ether ETF. (Shutterstock)

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)

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)

The U.S. Securities and Exchange Commission told Uniswap it intends to pursue an enforcement action.  (Jesse Hamilton/CoinDesk)
DeFi Exchange Uniswap Receives Enforcement Notice From the SEC
Uniswap’s CEO Hayden Adams took to X on Wednesday to say that the exchange is “ready to fight” after receiving notice that the regulator is planning an enforcement action.
The U.S. Securities and Exchange Commission told Uniswap it intends to pursue an enforcement action.  (Jesse Hamilton/CoinDesk)

U.S. Securities and Exchange Commission Chair Gary Gensler is asking for more funding, in part to police crypto. (Jesse Hamilton/CoinDesk)
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
The securities regulator, Treasury Department and U.S. derivatives watchdog are all hoping to get more funding to deal with new duties policing the digital assets sector.
U.S. Securities and Exchange Commission Chair Gary Gensler is asking for more funding, in part to police crypto. (Jesse Hamilton/CoinDesk)

CEO Brian Armstrong's Coinbase had a day in court today against Chair Gary Gensler's Securities and Exchange Commission as the company asked a judge to dismiss the SEC's action. (CoinDesk)
Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.
CEO Brian Armstrong's Coinbase had a day in court today against Chair Gary Gensler's Securities and Exchange Commission as the company asked a judge to dismiss the SEC's action. (CoinDesk)

UK FCA slow to take enforcement action, a spending watchdog says (FCA)
FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.
UK FCA slow to take enforcement action, a spending watchdog says (FCA)

Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)
California, Texas Among States Accusing GS Partners of Misleading Crypto Investors
Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Maywe...
Ex-boxer Floyd Mayweather Jr. is among celebrity promoters who have been tied to GS Partners, which has been accused by state regulators of committing crypto fraud.  (Ronald Martinez/Getty Images)

Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission, says he's proud of his agency's aggressive stance on crypto. (Jesse Hamilton/CoinDesk)
Crypto's Bromance With U.S. CFTC May Be One-Sided
The industry's open preference for the CFTC over the SEC has been answered with record enforcement actions showing the CFTC's enthusiasm for punishing crypto wrongdoing.
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission, says he's proud of his agency's aggressive stance on crypto. (Jesse Hamilton/CoinDesk)