Tag: Investor protection
Investors Sue ‘Hawk Tuah’ Memecoin Creators for Securities Law Violations
Investors Sue 'Hawk Tuah' Memecoin Creators for Securities Law ViolationsInvestors are taking legal action against the creators and promoters of the "Hawk Tuah" memecoin, inspired by internet sensation Haliey Welch, for alleged securities law...
Protect Your Infrastructure with EIGEN Layer: Secure Your Assets and Prevent Email Hacks
EIGEN Layer recently faced a security breach where an investor lost $6 million worth of EIGEN tokens in an email hack. The malicious actor stole over 1.6 million tokens by intercepting an email communication...
Reassessing SEC’s Allegations Against Binance for Third-Party Tokens
Last week, the U.S. Securities and Exchange Commission (SEC) case against Binance was discussed in a hearing before a federal judge. Binance, Binance.US, and founder Changpeng Zhao are involved in this case. Attorneys for...
U.S. Judge Approves $4.5B Settlement between Terraform and SEC.
A settlement agreement involving a $4.5 billion penalty and a ban on trading "crypto asset securities" has been approved by a U.S. District Court judge. The agreement was reached between the Securities and Exchange...
Gemini Settles with NYAG, Recovers $50 Million for Users
The New York Attorney General's office recently announced that it has reached a settlement with Gemini, a cryptocurrency exchange, over the defunct Gemini Earn program. As part of the settlement, Gemini will be returning...