SEC Takes Aim at Coinbase Amid Crypto Legal Warnings
TL;DR Summary
Coinbase may face SEC enforcement action for potential violations of securities law; FTX debtors agree to sell $95M worth of preferred stock in Mysten Labs; Terraform Labs CEO Do Kwon faces fraud charges from US prosecutors hours after arrest; Mastercard is launching a stablecoin digital wallet integration in the Asia-Pacific region; Celsius custody account holders can receive 72.5% of their crypto assets. Bitcoin is predicted to outperform all other cryptos, including Ethereum, following the banking crisis. US Senator Ted Cruz has introduced a bill to block the Federal Reserve from launching a direct-to-consumer CBDC.
- SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler's Digest, March 19-25 Cointelegraph
- Crypto Faces Legal Reckoning as SEC Prepares Action Against Coinbase The Wall Street Journal
- SEC Issues Warning Against Investing in Crypto Asset Securities CryptoPotato
- SEC puts Coinbase on notice and other TC news TechCrunch
- Coinbase Downgraded to Underperform on SEC Fears. The Stock Is Still Rising. Barron's
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