Bittrex Global released a statement Wednesday after making a settlement with the U.S. Securities Exchange Commission.
In April, the regulator took enforcement action against the company and its U.S. arm for allegedly operating as unregistered exchanges. Bittrex agreed on a settlement with the U.S. Securities Exchange Commission last Thursday.
According to Bittrex Global's press release, the company will not have to pay to settle the enforcement action."What makes this result so unusual and gratifying is that our client, Bittrex Global, will put this matter behind it without paying a penny in settlement," Bittrex Global's legal counsel Andrew Michaelson said.
The U.S. arm of the crypto exchange agreed to settle with the regulator for $24 million. The Seattle-based exchange
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Tiger Global cuts largest holdings, doubles down on Nvidia, Apollo Global ManagementInvestor Chase Coleman lowered exposure in six of his top 10 holdings but took notable bets elsewhere in the portfolio.
Lire la suite »
Law Professors Blast SEC's Concept of Investment Contract in Amicus Brief – Bitcoin NewsSix professors of law from different US universities have filed an amicus brief backing Coinbase's position in its battle against the U.S. Securities and Exchange Commission (SEC).
Lire la suite »
SEC delays decision on ARK 21Shares spot bitcoin ETF: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Puneet Singhvi of Citi discusses how institutions are making use of crypto and blockchain technology in their portfolios and businesses.
Lire la suite »
SEC Delays Ark Invest’s Spot Bitcoin ETF, Opens Proposal to Public for CommentsCryptoNews: The United States Securities and Exchange Commission (SEC) has delayed its decision regarding the approval or disapproval of a spot Bitcoin exchange-traded fund (ETF) filed by ARK Invest. 👀
Lire la suite »
Law Professors Blast SEC's Concept of Investment Contract in Amicus BriefThe brief backing Coinbase's position concludes that 'an investment contract requires contractual undertakings to deliver future value reflecting the income, profits, or assets of a business.'
Lire la suite »
Sen. Lummis joins call for dismissal of the SEC's case against CoinbaseSen. Cynthia Lummis, R-Wyo., urged a New York district court to dismiss the SEC’s lawsuit against crypto exchange Coinbase.
Lire la suite »