The Securities and Exchange Commission announced settled fraud charges against Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), for making material misrepresentations in forms filed with the SEC as part of DWAC’s initial public offering and proposed… Read More
Tag: Securities and Exchange Commission
SEC Charges Crypto Platform Bittrex For Operating Unregistered Exchange
The U.S. Securities and Exchange Commission (SEC) posted a press release “SEC Charges Crypto Asset Trading Platform Bittrex and its Former CEO for Operating an Unregistered Exchange, Broker, and Clearing Agency” From the press release: “The Securities and Exchange Commission… Read More
Coinbase Warned By SEC Of Potential Securities Charges
The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S. securities law, CNBC reported. According to CNBC, Coinbase shares fell nearly 12% in extended trading after the news… Read More