SEC Lists Nine Crypto Tokens as Securities Following Coinbase Insider Trading Charges

The SEC lists nine crypto tokens in the "Coinbase Insider Trading" matter as securities, namely $AMP, $RLY, $DDX, $XYO, $RGT, $LCX, $POWR, $DFX, and $KROM. "Our message with these charges is clear: fraud is fraud is fraud, whether it occurs on the blockchain or on Wall Street," wrote the SEC in its complaint. In response, Coinbase said that laws in the US are not keeping up with the digital world and need fixing. In addition, Coinbase has submitted a petition to the SEC that the SEC should develope rules for what it describes as "digital asset-based securities".

Coinbase

SEC

Related News
Daily Market Wrap | Sep. 25 Daily Market Wrap | Sep. 25
Daily Market Wrap | Sep. 19 Daily Market Wrap | Sep. 19
Daily Market Wrap | Sep. 08 Daily Market Wrap | Sep. 08
Daily Market Wrap | Sep. 03 Daily Market Wrap | Sep. 03
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
Latest News More More
10 Hours Ago Daily Market Wrap | Oct. 17
1 Day Ago Daily Market Wrap | Oct. 16
2 Days Ago Daily Market Wrap | Oct. 15
3 Days Ago Daily Market Wrap | Oct. 14
4 Days Ago Daily Market Wrap | Oct. 13
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open