SEC dismisses securities violation case against Helium

The U.S. Securities and Exchange Commission (SEC) has rejected a lawsuit against Helium, a blockchain-powered network for the Internet of Things (IoT). The lawsuit alleged that Helium’s native token, HNT, was a security and required registration with the SEC. However, the SEC’s dismissal of the lawsuit is a positive outcome for Helium and the crypto [...]

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Court Dismisses Fraud Case Against Richard Heart as US Legislation Targets Crypto ATM Fraud: Law Decoded

A judge has dismissed a fraud lawsuit against Richard Heart, a prominent figure in the crypto community. Meanwhile, a new bill in the US is aimed at addressing crypto ATM fraud. Let’s delve into the details. Recently, a lawsuit alleging fraud against Richard Heart was thrown out by a judge, bringing relief to the crypto [...]

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US Judge Dismisses SEC Fraud Lawsuit Against Hex Founder Richard Heart

In a recent development, a United States judge has decided to dismiss a fraud lawsuit filed by the Securities and Exchange Commission (SEC) against the founder of the cryptocurrency HEX. This decision comes as a significant victory for the crypto community and raises questions about the regulatory environment surrounding digital assets. The lawsuit, which alleged [...]

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US court dismisses claim Coinbase sold unregistered securities | Invezz

A US judge has dismissed a lawsuit that alleged the crypto exchange Coinbase Global Inc (NASDAQ: COIN) sold unregistered securities, Reuters reported. The class action lawsuit, filed in 2021, also claimed that Coinbase had not registered as a broker-dealer with the US Securities and Exchange Commission (SEC). The suit stated that the US-based crypto platform ...

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Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack – Security Bitcoin News

Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet by leveraging a phishing scheme. Attacker Reportedly Returns Some Stolen NFTs […]

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