Coinbase trader makes $25M on options bets day before SEC suit
The trader placed $100K in options bets against Coinbase on Monday morning. The company’s share price dropped nearly 19% just 24 hours later.
The trader placed $100K in options bets against Coinbase on Monday morning. The company’s share price dropped nearly 19% just 24 hours later.
The SEC has brought a lawsuit against Binance, alleging it mishandled customer funds, sold unregistered securities, and failed to register.
The total number of cryptos the SEC classes as securities now totals 61. It added 16 when it charged Terraform Labs with fraud in February.
Wyre is a payment processor used by crypto firms but its legal terms reference one company that’s dissolved and another that’s liquidated.
The UK’s cross-party parliament group for crypto and digital assets has concluded that government needs to act fast or risk falling behind.