Enforcement

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)

The U.S. Department of Justice has arrested the top executives of SafeMoon and accused them of pilfering company coffers.  (Jesse Hamilton/CoinDesk)
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investo...
The U.S. Department of Justice has arrested the top executives of SafeMoon and accused them of pilfering company coffers.  (Jesse Hamilton/CoinDesk)

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)
SEC’s Gensler Won’t Say What’s Next With Bitcoin ETFs After Grayscale Loss
The agency chairman also declined to give any indications on timing or the order applications might be considered.
SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Coinbase is about to file its final court argument for why the U.S. Securities and Exchange Commission case against it should be dropped, despite SEC Chair Gary Gensler's view that most cryptocurrencies are securities. (Jesse Hamilton/CoinDesk)
Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
The U.S. crypto exchange is ready to argue the SEC's claims about unregistered securities are missing evidence of actual contracts.
Coinbase is about to file its final court argument for why the U.S. Securities and Exchange Commission case against it should be dropped, despite SEC Chair Gary Gensler's view that most cryptocurrencies are securities. (Jesse Hamilton/CoinDesk)

Voyager Digital's Ex-CEO Steve Ehrlich is under the gun from multiple regulators accusing him of fraud and making false claims to customers. (CoinDesk)
Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims
Former Voyager Digital CEO Steve Ehrlich is facing complaints from the Federal Trade Commission and Commodity Futures Trading Commission, which also used the case to reinforce...
Voyager Digital's Ex-CEO Steve Ehrlich is under the gun from multiple regulators accusing him of fraud and making false claims to customers. (CoinDesk)

The U.S. Securities and Exchange Commission under Chair Gary Gensler has waged an enforcement battle against the crypto industry that shows no sign of letting up. (Drew Angerer/Getty Images)
SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law...
The U.S. Securities and Exchange Commission under Chair Gary Gensler has waged an enforcement battle against the crypto industry that shows no sign of letting up. (Drew Angerer/Getty Images)

The U.S. Commodity Futures Trading Commission targeted Opyn and other DeFi operations with illegal trading of digital assets derivatives. (Jesse Hamilton/CoinDesk)
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
The U.S. derivatives markets regulator targeted three companies, including one from which the CFTC hired a lawyer who ran its technology research division.
The U.S. Commodity Futures Trading Commission targeted Opyn and other DeFi operations with illegal trading of digital assets derivatives. (Jesse Hamilton/CoinDesk)