U. S. Law Enforcement Actions Against Cryptocurrency Businesses: A Review And Suggested Guidance
The rapid growth of cryptocurrencies in recent years has resulted in a number of law enforcement actions by several U. S. government agencies. These actions demonstrate U. S. regulators' interest in investigating fraud and other activities, according to Latham & Watkins, a Los Angeles-based, U. S. law firm. To give the cryptocurrency industry an overview of what agencies are taking action and provide insight into how to meet the various regulations, the law firm has released a report, "Enforcement Trends in Cryptocurrency." "No doubt, in the coming years, cyptocurrencies will face....
Related News
US Securities and Exchange Commissioner (SEC) Hester Peirce has recently emphasized the need for a shift in the regulatory approach towards crypto, signaling a departure from the aggressive enforcement strategies of the past years. In a recent interview on “Bloomberg Crypto,” Peirce discussed the SEC’s ongoing review of its enforcement actions against crypto firms, highlighting […]
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating: Since the first action in July 2013, the SEC has brought a total of 97....
Top Senate Democrats have questioned the Securities and Exchange Commission (SEC) over its recent enforcement actions against President Donald Trump-linked crypto businesses and the sudden departure of the federal agency’s enforcement chief. Related Reading: Russia, Iran-Linked Groups Turn To Crypto For Crowdfunded Drone Purchases – Report SEC Scrutinized Over Crypto Enforcement Actions On Monday, US […]
The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants, and 43 were litigated in U.S. district courts. 75 Crypto Enforcement Actions by SEC Cornerstone Research published a report entitled “SEC Cryptocurrency Enforcement” on Tuesday. The report analyzes 75 crypto-related enforcement actions brought by the SEC starting with the first one in....
During a crowded session at the Bitcoin 2013 show in San Jose today, a panel of businesspeople and attorneys addressed the knotty challenges faced by bitcoin businesses trying to comply with regulatory guidance. It's an issue that was lent new urgency this past week with the US government's seizure of assets connected with a subsidiary of Mt. Gox, the world's largest bitcoin exchange. Bitcoin businesses have also been treading carefully in the wake of new guidance recently issued by the US Financial Crimes Enforcement Network (FinCEN), which spells out registration and reporting....