Crypto Industry Reacts to U.S. SEC Signaling Legal Action vs Uniswap
Locally, fears arise about potential Philippine SEC actions, while globally, the move is seen as a major threat to DeFi, garnering support for Uniswap Labs.
Locally, fears arise about potential Philippine SEC actions, while globally, the move is seen as a major threat to DeFi, garnering support for Uniswap Labs.
Bitcoin returns to $70K, while U.S. SEC is threatening legal action to DeFi platform Uniswap.
Twitter’s @Safety account confirmed that @SECGov was compromised, attributing the breach to an individual gaining control of a phone number linked to the account, rather than a system breach.
Last month, Zhao and Binance acknowledged guilt and consented to pay a $4.3 billion penalty to the US Securities and Exchange Commission (US SEC) for violating the Bank Secrecy Act.
The news of the charges has had a drastic impact on SafeMoon’s price, which has plummeted by a staggering 71.7% in the last 24 hours.
The company has stated that it is cooperating with the U.S. regulator in connection with this request.
Richard Heart and his crypto entities Hex, PulseChain, and PulseX face a billion-dollar lawsuit from the US SEC over allegations of unregistered securities sales and fraud.
Atty. Rafael Padilla discussed in-depth the results of the US SEC vs Ripple decision. A recommended read for everyone following the case.
Ripple gains a partial victory in its legal battle with the US SEC, leading to a significant surge in XRP price. Explore the latest developments and their market impact on BitPinas.
Get the latest updates in Philippine crypto and blockchain news with our comprehensive weekly roundup for June 13, 2023!