Securities violations
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Tightening Controls on Cryptocurrency: US Regulators Take Action
According to reports, the Financial Times believes that US regulators have taken action to tighten controls on financial institutions\’ cryptocurrency related businesses. In January
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Tom Grady, a lawyer, is preparing to file a class action lawsuit against several US encryption exchanges such as Coinbase
On March 10, it was reported that Tom Grady, a well-known securities lawyer focusing on investment fraud cases, was preparing to file a class action lawsuit against Coinbase, Robin Hood, Kraken and other companies of the United States Cryptographic Exchange. Grady said in the press release that he had investigated the operation of the exchange and the possible violation of state and federal securities laws by trading digital currencies. The vast majority of digital currencies were regarded as unregistered securities by the SEC, thus violating federal laws. Interpretation of this…