JUST IN: Crypto platform BeaxyExchange has officially shut down after the SECGov accused it of operating as an unregistered exchange. Jesseahamilton and HeleneBraun report
Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Crypto platform Beaxy has officially closed its doors as the U.S. Securities and Exchange Commission charged the company and its founder Artak Hamazaspyan with operating an unregistered exchange and brokerage, the agency said in a Wednesday statement.
Windy Inc. took over the platform in 2019 after the founder misappropriated money, according to the SEC, and managers Nicholas Murphy and Randolph Bay Abbott maintained Beaxy for trading crypto assets “that were offered and sold as securities,” the SEC said. So the agency is also accusing them of violating securities law by operating an unregistered exchange, broker and clearing agency, though the platform had been described as defunct in another SEC case last year.
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.
SEC charges crypto platform Beaxy, executives for running unregistered exchangeThe Securities and Exchange Commission on Wednesday charged crypto asset trading platform beaxy.com and its executives for failing to register as a...
Lire la suite »
Crypto Exchange Binance and CEO Changpeng Zhao Sued by CFTC Over Regulatory ViolationsJUST IN: The CFTC has filed suit against leading crypto exchange binance and its CEO cz_binance. The price of bitcoin is plunging on the news. oknightcrypto reports
Lire la suite »
Bitcoin drops after CFTC sues crypto exchange Binance for allegedly breaking trading rulesBitcoin is still on track to cap a winning month. It's advanced 16% in March, while ether has gained 6%.
Lire la suite »
Crypto exchange Binance, CEO sued by US regulator over violationsMajor cryptocurrency exchange Binance and executives, including CEO and founder Changpeng Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for regulatory violations, according to a court filing on Monday.
Lire la suite »
US regulator sues top crypto exchange Binance, CEO for 'willful evasion'The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an 'illegal' exchange and a 'sham' compliance programme.
Lire la suite »
US sues world’s largest crypto exchange and CEO for alleged regulatory violationsThe Commodity Futures Trading Commission is suing cryptocurrency exchange Binance and its CEO for allegedly breaking U.S. regulatory law, labeling the firm’s compliance efforts a “sham.”
Lire la suite »