Two years ago, we wrote about a cautionary tale in which a New York federal court allowed a complaint alleging that a popular set of NFT ...
The Trump meme coin is down more than 80% from its peak reached around the U.S. president’s inauguration on Jan. 20 of this year. SEC Ruling The selloff in meme coins comes amid a broader ...
The total value of the meme coin market is now more than $50 billion, and the past few months have included several high-profile meme coin launches. While some meme coins reach billion-dollar ...
SEC’s Decision and Its Impact According to the SEC, meme coins do not meet the legal criteria for securities. Securities typically involve an investment in a common enterprise with an ...
Lazarus Group stole $1.5 billion from Bybit, the largest crypto hack ever ... At the same time, meme coin scams on social media are still on the rise. On the regulatory front, the SEC dropped its ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
On Thursday, the U.S. Securities and Exchange Commission (SEC) declared that memecoins, or cryptocurrencies inspired by viral internet memes or trends, are not securities. The exemption for ...
Dogecoin price trades down by 6% on Friday, and Solana meme coins wipe 9% from market capitalization, following SEC guidance ... on Friday and the recent Bybit hack, amounting to $1.4 billion.
Before Trump took office last month, then-SEC Chair Gary Gensler proposed that meme coins and other crypto tokens should be deemed as securities. "Meme coins typically are purchased for ...
Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews. According to the ...
Am Law 100 firm partners, whose specialties include crypto litigation, had much to say about the SEC’s new views on meme coins. The U.S. Securities and Exchange Commission indicated that ...
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