SEC Dismisses Civil Enforcement Action Against Coinbase
The Securities and Exchange Commission (SEC) announced that it has dropped its ongoing civil enforcement action against Coinbase Inc. and Coinbase Global Inc. This decision came as part of a joint settlement between the Commission and the two Coinbase entities. On 21.01.2025, the SEC established the Crypto Task Force, which focused on creating a comprehensive […]
SEC to be sanctioned over DEBT Box decision
A federal judge in the US sanctioned the Securities and Exchange Commission for improper actions against Utah-based crypto company DEBT Box. In the ruling, the SEC’s actions were characterized as a ‘gross abuse of authority’. According to the court ruling, the regulator will also have to pay DEBT Box’s legal costs. The judge’s decision included […]