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cointelegraph.com

1. North Korea stole more crypto in 2022 than any other year: UN report
A report submitted to the United Nations found North Korean cyber attacks have become vastly more sophisticated and raked in more crypto than ever before…
#NorthKorea #Chainalysis #UnitedNations #cryptoassets #hackers #cyberattacks #LazarusGroup

2. Former Coinbase manager slams SEC in motion to dismiss insider trading case
The attorneys for Ishan and Nikhil Wahi wanting the case thrown out arguing the SEC was “wrong” when charging the pair…
#law #court #uscryptolaws #sec #securitiesdefinition #howeytest #insidertrading #securitiesdefinition #congressoversight #wahi
cointelegraph.com

1. Proposed Israeli law to classify crypto as securities will 'kill the industry'
A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon…
#isa #israel #securitiesdefinition #cryptoasasecurity #cryptolegaldefinition #Israelcryptolaws #cryptoindustryIsrael #IlanSterk #securitieslaws

2. Crypto exchange Kraken faces probe over possible securities violations: Report
The probe is reportedly looking at certain offerings that Kraken has made to its US customers that could be in breach of securities laws…
#GaryGensler #DaveRipley #HoweyTest #Securities #compliance
cointelegraph.com

Are stablecoins securities? Well, its not so simple, say lawyers
With the United States Securities and Exchange Commission (SEC) reportedly on the verge of filing a lawsuit against Paxos Trust for illegally issuing Binance USD (BUSD) as an unregistered security, crypto lawyers explain what’s at stake and how legally sound the SEC’s claims may be.
#GaryGensler #BUSD #PaxosTrust #HoweyTest #UnitedStatesSecuritiesLaws #Derivatives #Arbitrage #Hedging #Staking #SecuritiesActof1933 #AaronLane #MichaelBacina
cointelegraph.com

Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
U.S.-based lawyer, Gabriel Shapiro, believes the SEC’s suit against Terraform Labs and Do Kwon could show how the SEC could go after other stablecoin issuers.
#DoKwon #GabrielShapiro #GaryGensler #RyanAdams #DelphiLabs #HoweyTest #SecuritiesBasedSwap #SouthKorea #Serbia #AlgorithmicStablecoin #WrappedToken #SyntheticAsset
cointelegraph.com

'It would be absurd' for a US court to rule private NFTs as securities: Lawyer
A United States lawyer has said “it would be absurd” for a U.S. court to rule that digital assets on centralized databases are securities, amid an ongoing lawsuit against Dapper Labs over NBA Top Shot Moments.
#DapperLabs #UnregisteredSecurity #HoweyTest #Lawyers #NBATopShotsMoments #VictorMarreo #JamesMurphy #JakeChervinsky #JesseHynes
cointelegraph.com

Lawyer lays out his reasoning on why XRP is not a security
A lawyer has claimed Ripple's XRP can only fit within one legislative definition of a security and the token isn't matching that definition in the SEC's case against Ripple.
#XRP #Hogan&Hogan #JeremyHogan #SEC #Ripple #HoweyTest
cointelegraph.com

Coinbase wins $470K restitution in insider trading case
Nikhil Wahi has agreed to pay around $470,000 to Coinbase for his role in an insider trading scheme with his brother and former Coinbase product manager Ishan Wahi.
#NikhilWahi #IshanWahi #insidertrading #PaulGrewal #amicusbrief #howeytest #restitution #forfeiture #SameerRamani #fraud
cointelegraph.com

Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
A video from Gary Gensler’s pre-SEC days has gone viral on Twitter showing the now-SEC chair declaring cryptocurrencies, cash and commodities are one and the same.
#InitialCoinOffering #Securities #Commodities #University #Course #Professor #CryptoTwitter #HoweyTest #LegalAnalysis
cointelegraph.com

Ripple vs. SEC: Could newly released documents tip the balance?
Ripple Labs’ court case with the SEC has been ongoing for years, and lawyers Fred Rispoli and John Deaton believe a summary judgment ruling could be dropped at any time.
#Howey #RippleLabs #WilliamHinman #Hinmandocuments #JohnEDeaton #MarcFagel #BradleyGarlinghouse #ChristianLarsen #XRPLedger #securities #Howeytest #Fairnoticedefense