On August 30, 2023, in a case of first impression, the U.S. District Court for the Southern District of New York dismissed in full a putative securities class action against Uniswap Labs, a decentralized finance (“DeFi”)...more
9/15/2023
/ Blockchain ,
CFTC ,
Class Action ,
Crypto Exchanges ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
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Investors ,
Popular ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Swap Trading
Back in August, we flagged that the U.S. Securities Exchange Commission’s (SEC) enforcement action against crypto influencers who promoted Forsage, a USD300 million crypto Ponzi scheme (link), demonstrated that the SEC would...more
The U.S. Securities Exchange Commission (SEC) has filed a lawsuit in federal court against 11 individuals, alleging securities violations related to a USD300 million crypto Ponzi scheme known as Forsage. ...more