Bitcoin24h $103,722.44+0.13%

Ethereum24h $2,541.83-2.58%

XRP24h $2.37-6.99%

BNB24h $651.00-0.20%

Solana24h $168.86-4.43%

Dogecoin24h $0.2187-6.03%

Cardano24h $0.7602-4.94%

TRON24h $0.2730-0.69%

Sui24h $3.84-2.18%

Chainlink24h $15.99-5.93%

How wire fraud, not securities violations, lands crypto criminals in prison

Wire fraud, the most powerful law in crypto, has nothing to do with the SEC. Recent wins by the DoJ show an emerging playbook.

Coinbase claps back at SEC proposal, chief exec targets Gary Gensler

Coinbase legal chief Paul Grewal sent a 23-page letter to the SEC explaining why its RIA proposal will harm the crypto industry.

The SEC has argued that XRP is a security, in part due to the decentralized nature of Ripple-managed default UNLs (unique node lists).

SEC chair Gary Gensler tweeted his most severe warning to crypto exchanges to date, but the SEC still can’t decide if ether is a security.

The reason why Gensler can’t say if ETH is a security becomes clear when we consider how it was founded and the SEC’s previous approach.