The CFTC sued a centralized digital asset exchange for dealing in off-exchange commodity derivatives without proper registration or compliance with U.S. regulations.
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In a Motion for Remedies, the SEC argued that crypto exchange Ripple should pay more than $2 billion in penalties for selling its token, XRP, to institutional investors.
The FTC and CFPB released agency-specific action statements on increasing tech capacity, including actively hiring technologists, to "help enforce the laws on the book and design remedies that work for consumers, workers, small businesses, and others in the digital era."
On its "Securitization Insight" podcast, Norton Rose Fulbright Senior Counsel, Eamonn K. Moran, analyzed the U.S. Court of Appeals for the Third Circuit ruling on a case involving the CFPB and a group of trusts associated with the National Collegiate Student Loan Trust.
A DeFi Fund and an apparel company sued the SEC to prevent it from taking any action against the clothing company's recent "airdrop" of tokens. They argued that the SEC "has adopted an aggressive and expansive view of its own authority to regulate virtually all digital assets and transactions involving digital assets."