SEC Charges Coinbase as an Unregistered Securities Exchange
Regulator says Coinbase 'has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities.'
Source: tradersmagazine.com
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SEC Charges Coinbase For Operating As An Unregistered Securities Exchange, Broker, And Clearing Agency - Coinbase Also Charged For The Unregistered Offer And Sale Of Securities In Connection With Its Staking-As-A-Service Program
<p><span>The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.</span></p>
Source: mondovisione.com
SAExploration Holdings, Inc., et al. (Release No. LR-24988; Dec. 18, 2020)
Litigation Release No. 24988 / December 18, 2020 Securities and Exchange Commission v. SAExploration Holdings, Inc., et al., No. 1:20-cv-08423 (S.D.N.Y. filed Oct. 8, 2020) On December 17, 2020, the U.S. District Court for the Southern District of New York entered a final consent judgment against SAExploration Holdings, Inc. (SAE), a Houston-based seismic data company, in connection with SAE's involvement in an accounting fraud that falsely inflated the company's revenue by approximately $100 million. The SEC's complaint, filed on October 8, 2020, alleges that beginning in 2015, four former S...
Source: sec.gov