Tagged: wells notice

Coinbase CEO Brian Armstrong Hammers SEC’s “Sketchy” Behavior as Regulator May Sue Digital Asset Firm for Lending Program

Yesterday, Coinbase (NASDAQ:COIN) posted a notice regarding receipt of a Wells Notice from the Securities and Exchange Commission (SEC) indicating the regulator may sue it due to its planned Coinbase Lend program. Around the same time Coinbase announced the regulators’ investigation, CEO Brian Armstrong took… Read More

Coinbase Target of Wells Notice Sent by SEC Regarding Crypto Lending, May Be Sued

Coinbase (NASDAQ:COIN), the largest digital asset trading platform in the US, has received a Wells Notice from the US Securities and Exchange Commission. A Wells Notice is a legal document that indicates the SEC is investigating the company indicating it may pursue an enforcement action… Read More

Wells Notice: Ripple Publishes First Response to SEC’s Enforcement Action

Ripple has posted a response to a Wells Notice received by the blockchain firm. A Wells Notice is a document sent to an entity or individual giving notice of a pending enforcement action following an investigation by the securities regulator. Yesterday, it was reported that… Read More

Kik Battle Line: DefendCrypto Fund Seeks to Challenge the SEC & Current Regulatory Approach with Crypto

Kik Interactive Inc., a company based in Canada, raised about $100 million selling Kin tokens in an initial coin offering (ICO) during the midst of the hot crypto issuance market in 2017. First sold to accredited investors in a SAFT, once the platform was functional,… Read More

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