By The Associated Press | December 11, 2024
California-based Nvidia paid $5.5 million in 2022 to settle SEC charges that it failed to disclose that cryptomining was a significant source of revenue growth from the sale of GPUs for gaming.
By Dan Novak | December 6, 2024
“I do look forward to providing more clarity where we can provide more clarity ... remembering that we're a regulatory agency with an enforcement arm, not an enforcement agency that doesn't have a regulatory arm,” said Republican Securities and Exchange Commissioner Hester Peirce.
By Alyssa Aquino | December 4, 2024
Alex Mashinsky pleaded guilty to commodities fraud and to a scheme to manipulate the price of Celsius' token weeks before he was scheduled to stand trial.
By Michael A. Mora | December 4, 2024
Paul Atkins is the chief executive of Patomak Global Partners, a financial services consultancy in Washington, D.C., and New York.
By Michael A. Mora | December 2, 2024
“We have seen dozens of state laws enacted over the last few years restricting or prohibiting investment in U.S. real property by foreign individuals, companies and governments,” said Robert A. Friedman, a partner at Holland & Knight. “Arkansas is just one example of a surging national trend.”
By Michael A. Mora | November 27, 2024
"As the decision correctly recognizes, the meaning of a statute doesn’t change to fit new contexts; it’s up to Congress to make new law to address new problems," said Judd Littleton, a partner at Sullivan & Cromwell and co-head of the Am Law 100 firm's Supreme Court & appellate practice who is not involved in the matter.
By Michael A. Mora | November 25, 2024
“This complaint speaks to your average investor’s lack of knowledge or unfamiliarity with these assets, highlighting the importance of diligence and understanding about what you are buying,” said Jonathan Groth, a partner at DGIM Law.
By Michael A. Mora | November 22, 2024
“This decision affirms the importance of applying legal frameworks as intended and avoiding the temptation to force novel technologies into ill-fitting regulatory categories,” said Tonya M. Evans, a tenured professor at Penn State Dickinson Law whose research includes digital assets.
By Michael A. Mora | November 20, 2024
“The next chair should: initiate rulemaking, withdraw the pending cases against crypto that do not involve fraud, and balance investor protection with promoting American innovation,” Paul Grewal, the chief legal officer of Coinbase Global Inc., said.
By Michael A. Mora | November 19, 2024
“There is a prevailing view that Republicans are not particularly aggressive in enforcement of these types of regulatory cases typically brought by the SEC, and I don’t think that’s true necessarily—at least in the FCPA space," said Richard Hong, a partner at Morrison Cohen.
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