SEC has intended to ensure client assets are well segregated and held in accounts designed to protect the assets in the event of a qualified custodian bankruptcy or other insolvencies, according to the material released by the agency.
Fill in some text
US Congress divided during crypto legislation and targeted SEC.
The Securities and Exchange Commission complaint alleges Terraform Labs and its co-founder Do Kwon “perpetuated a fraudulent scheme that led to the loss of at least $40 billion of market value.”
The Berkshire Hathaway vice chairman Charlie Munger isn’t a fan of cryptocurrency. He has been a significant critic of cryptocurrencies.
SEC said that Paul has been charged for making false and misleading statements regarding the cryptocurrency EthereumMax or Emax.