Coinbase facing class-action lawsuit amidst SEC investigation
Two law firms in New York have filed a lawsuit against Coinbase for allegedly misleading information about the custody of customers' assets and trading of unregistered securities.
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Two law firms in New York have filed a lawsuit against Coinbase for allegedly misleading information about the custody of customers' assets and trading of unregistered securities.
Christian Nwobodo 3 min read
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Judge Michael Wiles ruled that Voyager had presented a "sufficient basis" to allow its customers access to their funds at the Metropolitan bank.
The leak came from an unnamed staffer of Senator Cynthia Lummis' office and revealed that every U.S. crypto exchange and Binance are under investigation.
Senator Elizabeth Warren is calling on the OCC to work with the Fed and the FDIC in replacing some regulations on crypto custodial services with more consumer-centric approaches.
Ex-Coinbase Product Manager Ishan Wahi and his brother Nikhil will have to pay $2 million for bail after they pleaded not guilty to insider trading charges.
Despite the recent liquidity crisis among several crypto lenders, the Fairfax county pension funds expect to earn "attractive yields."
The lawsuits are currently before Federal courts, where the judges have rejected the exchange's move to send the cases into arbitration.
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