Ad Tron (TRX) founder Justin Sun said the U.S. Securities and Exchange Commission (SEC) charges against him lacked merit. In a March 23 Twitter thread, Sun said the financial regulator’s complaints were “the latest example of actions it has taken against well-known players in the blockchain and crypto space.” He continued that the SEC’s regulatory…
Coinbase Exchange Company in North America Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. More about Coinbase Info Twitter LinkedIn
Justin Sun Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO, Founder of TRON, one of the world’s largest blockchain DAO ecosystems, and Advisor to Huobi Global, one of the world’s largest crypto exchanges. More about Justin Sun Info LinkedIn Twitter
Ad The French National Assembly’s Economic Affairs Committee agreed to ban influencers from advertising and promoting unlicensed crypto products and projects on social media. The ban is part of Bill no. 790, which is the French government’s solution to combatting scams and “excess” perpetrated via influencers on platforms like Instagram and YouTube. It was submitted…
Ad Accounts created on Ripple-backed XRP Ledger (XRPL) are nearly reaching 5 million — an indication of its growing adoption and uses, according to Messari data. XRPL is a digital payments infrastructure powered by Ripple’s native token, XRP. The decentralized network has seen a spike in the total number of accounts created on the platform…
Ad Coinbase was met with some resistance on March 21 as it attempted to persuade Supreme Court justices that certain class action suits should go to arbitration. Coinbase argues in favor of arbitration As previously reported by CryptoSlate, Coinbase faces lawsuits from various customers over alleged wrongdoing. The firm aims to settle those disputes quickly….
Ad DeFi project Sushi and its main leader have been subpoenaed by the U.S. Securities and Exchange Commission (SEC), according to a forum post on March 21. Sushi subpoenaed by regulators That forum post, published by Sushi “head chef” Jared Grey, indicates that both he and the project itself were recently served an SEC subpoena….
Ad The U.S. Supreme court is set to hear its first cryptocurrency-related case — a lawsuit against crypto exchange Coinbase — on March 21. The case is expected to define whether certain types of cases involving users of crypto platforms can be sent to arbitration or not. Bielski vs. Coinbase The case involves a private…
Ad Legal fees in the case of the bankrupt crypto lender Celsius are skyrocketing. According to newly available information, the fees earned by Celsius’ lawyers and advisors are now on track to total more than $140 million. @CamCrews posted a link to a Google doc with detailed lawyer fees showing that Kirkland Ellis — one…
An EU member of parliament has recently tweeted that he believes an EU-wide ban should be imposed on crypto. In a tweet from March 17, Johan Van Overtveldt, a former finance minister of Belgium and current member of the European Parliament, urged for a total ban on cryptocurrencies amid the recent turmoil in the banking…